Aquis Exchange Reports Steady Growth and Expansion Plans

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

Aquis Exchange PLC reports a modest increase in net revenue to £10.0 million and a stable profit before tax of £1.1 million in the first half of 2024, alongside strategic advancements across all divisions and a notable boost in market share to 5.20%. The company is set to invest £6.2 million in its Technologies division to capitalize on a record contract pipeline and enhance product offerings. Despite a non-renewed contract and challenging market conditions, Aquis is well-placed to pursue growth opportunities with its strong cash position and long-term strategy.

For further insights into GB:AQX stock, check out TipRanks’ Stock Analysis page.