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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Equals Group Plc | LSE:EQLS | London | Ordinary Share | GB00BLS0XX25 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.50 | -1.92% | 128.00 | 128.00 | 129.00 | 132.00 | 128.50 | 132.00 | 744,995 | 16:35:12 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 69.68M | 3.24M | 0.0174 | 73.85 | 238.67M |
From Apr 2021 to Apr 2024
TIDMEQLS
RNS Number : 5778O
Equals Group PLC
11 October 2021
11 October 2021
Equals Group plc
('Equals' or the 'Group')
Trading Update
Growth across the platform drives record revenues
Equals (AIM:EQLS) , the fintech payments group focused on the SME marketplace, is pleased to announce a trading update for the three months to 30 September 2021 ("Q3-2021" or the "Period").
The record start to Q3-2021 that the Company reported at the time of its Interim Results announcement issued on 14 September 2021 has been sustained throughout the remainder of the Period, generating revenues of GBP11.7m.
This marks a continued acceleration in Group trading and represents a 33% run-rate increase on the prior quarter (Q2-2021: GBP8.8m); a 62% increase on the prior year comparative period (Q3-2020 GBP7.2m); and a 47% increase on the pre-Covid comparative period (Q3-2019. GBP8.0m).
Revenue growth is broad based across all products augmented by the strong demand for the Group's 'Equals Solutions' proposition, the new multicurrency product aimed at larger businesses. This performance further underpins the Board's confidence in accelerating momentum and maintaining growth moving into the final quarter of the year.
- Ends -
For more information, please contact:
Hot Features
Premium
Equals Group plc
Ian Strafford-Taylor, CEO Tel: +44 (0) 20 7778
Richard Cooper, CFO 9308
www.equalsplc.com
Canaccord Genuity (Nominated Advisor
/ Broker)
Emma Gabriel / Bobbie Hilliam / Georgina Tel: +44 (0) 20 7523
McCooke 8150
Alex Aylen (Sales)
Buchanan (Financial Communications)
Henry Harrison-Topham / Steph Whitmore Tel: +44 (0) 20 7466
/ Toto Berger 5000
equals@buchanan.uk.com www.buchanan.uk.com
Notes to Editors:
Equals Group is a technology-led international payments group augmented by a highly personalised service for the payment needs of SMEs whether these be FX, card payments or via Faster Payments. Founded in 2007, the Group listed on AIM in 2014 and currently employs around 250 staff across sites in London and Chester. For more
information, please visit www.equalsplc.com .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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(END) Dow Jones Newswires
October 11, 2021 02:00 ET (06:00 GMT)
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