Equals Group (EQLS)

Sector:

Financials

Index:

FTSE AIM All-Share

 110.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 131.50
  • 52 Week Low: 96.20
  • Currency: UK Pounds
  • Shares Issued: 187.63m
  • Volume: 0
  • Market Cap: £207.33m
  • RiskGrade: 292

Equals Group FY earnings rise, momentum carries over into 2023

By Iain Gilbert

Date: Monday 27 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Fintech payments firm Equals Group revealed on Monday that both full-year revenues and earnings had grown and said strong momentum had carried into the new year.
Equals said underlying earnings had improved 81% in 2021 to £12.1m in 2022, while revenues surged 58% to £69.7m as income on a per employee basis shot up 50% to £260,000.

Chief executive officer Ian Strafford-Taylor said: "Our rapid growth has continued into 2023, which is particularly pleasing when measured on top of the growth achieved in FY22.

"The group remains entirely focused on achieving further profitable growth, and, with our Q1'23 results being ahead of expectations, we look forward with much confidence."

Elsewhere, Equals has agreed to acquire global payments services provider Oonex for a total consideration of up to £4.1m as part of an effort to meet its strategic goals of being the business-to-business platform for worldwide money movement.

Equals also said the acquisition brings new card acquiring capabilities into its portfolio, complementing its recent acquisition of Roqqett back in January.

As of 0955 BST, Equals shares were up 7.54% at 87.11p.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Equals Group Market Data

Currency UK Pounds
Share Price 110.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 131.50
52 Week Low 96.20
Volume 0
Shares Issued 187.63m
Market Cap £207.33m
RiskGrade 292

Equals Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.73% below the market average76.73% below the market average76.73% below the market average76.73% below the market average76.73% below the market average
80.36% below the sector average80.36% below the sector average80.36% below the sector average80.36% below the sector average80.36% below the sector average
Price Trend
17.25% above the market average17.25% above the market average17.25% above the market average17.25% above the market average17.25% above the market average
8.62% above the sector average8.62% above the sector average8.62% above the sector average8.62% above the sector average8.62% above the sector average
Income
13.56% above the market average13.56% above the market average13.56% above the market average13.56% above the market average13.56% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Growth
99.11% above the market average99.11% above the market average99.11% above the market average99.11% above the market average99.11% above the market average
98.10% above the sector average98.10% above the sector average98.10% above the sector average98.10% above the sector average98.10% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Equals Group Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 16-Nov-23
Paid 28-Jun-24 07-Dec-23
Amount 1.00p 0.50p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Equals Group Key Personnel

CEO Ian Alexander Irving Strafford Taylor

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