TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Concorde International Group Ltd. Class A ( (CIGL) ) has shared an update.
Concorde International Group Ltd. has announced a change in its independent registered public accounting firm. On August 1, 2025, the company’s Audit Committee ratified the dismissal of Kreit & Chiu CPA LLP and appointed Assentsure PAC as the new auditor. The transition comes after the previous auditor’s reports for the years ending December 31, 2024, and 2023, which contained no adverse opinions. The change aims to address previously disclosed material weaknesses in the company’s internal controls over financial reporting, including issues related to segregation of duties, staff training, and review controls.
Spark’s Take on CIGL Stock
According to Spark, TipRanks’ AI Analyst, CIGL is a Underperform.
Concorde International Group Ltd. Class A scores poorly due to significant financial challenges, including negative profitability and liquidity issues, as well as bearish technical indicators. The absence of valuation details further complicates the investment outlook. The stock’s technical and financial weaknesses are the most significant factors impacting its overall score.
To see Spark’s full report on CIGL stock, click here.
More about Concorde International Group Ltd. Class A
Average Trading Volume: 283,359
For a thorough assessment of CIGL stock, go to TipRanks’ Stock Analysis page.