tiprankstipranks
Trending News
More News >

Aquis Exchange Reports 2024 Results Amid Acquisition by SIX Exchange Group

Story Highlights
Aquis Exchange Reports 2024 Results Amid Acquisition by SIX Exchange Group

Confident Investing Starts Here:

Aquis Exchange Plc ( (GB:AQX) ) has issued an update.

Aquis Exchange PLC reported its financial results for 2024, showing a slight increase in gross revenue despite economic challenges. The company achieved key strategic milestones across its divisions, with growth in market share and data revenues, although net revenue and profit before tax declined. Aquis is set to be acquired by SIX Exchange Group AG, with the transaction expected to complete in Q2 2025, pending regulatory approvals. The acquisition is anticipated to accelerate Aquis’ development and enhance its market position.

More about Aquis Exchange Plc

Aquis Exchange PLC is a European challenger exchange known for creating modern financial markets. It offers primary listings and secondary trading of equities, and licenses proprietary technology globally. The company operates through four divisions: Aquis Markets, Aquis Technologies, Aquis Stock Exchange, and Aquis Data, each contributing to its diversified product offerings. Aquis is authorized by financial authorities in the UK and France to operate multilateral trading facilities in various European markets.

YTD Price Performance: 1.43%

Average Trading Volume: 35,336

Technical Sentiment Signal: Strong Sell

Current Market Cap: £194.8M

For a thorough assessment of AQX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App