Equals Group (EQLS)

Sector:

Financials

Index:

FTSE AIM All-Share

 118.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 128.00
  • 52 Week Low: 87.00
  • Currency: UK Pounds
  • Shares Issued: 187.63m
  • Volume: 380,204
  • Market Cap: £221.40m
  • 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 118.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 128.00
52 Week Low 87.00
Volume 380,204
Shares Issued 187.63m
Market Cap £221.40m
RiskGrade 292

Equals Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
74.51% above the market average74.51% above the market average74.51% above the market average74.51% above the market average74.51% above the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average
Income Not Available
Growth
95.74% above the market average95.74% above the market average95.74% above the market average95.74% above the market average95.74% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% 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
  Interim Final
Ex-Div 16-Nov-23 n/a
Paid 07-Dec-23 n/a
Amount 0.50p 0.000p

Trades for 28-Mar-2024

Time Volume / Share Price
14:53 7,500 @ 117.90p
14:40 1,695 @ 117.94p
14:34 4,237 @ 118.00p
14:30 15,000 @ 118.00p
14:19 842 @ 118.00p

Equals Group Key Personnel

CEO Ian Alexander Irving Strafford Taylor

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