ADVFN profit jumps in H1 as market volatility drives activity on platform | 18 February 2021
18 February 2021 | 10:11am StockMarketWire.com - ADVFN swing to a profit in the first half of its fiscal year as increased volatility in markets drove client interest in investing drove activity on its platform and led to higher advertising and subscription revenue. For the half year ended 31 December, pre-tax profit was £264,000 compared with a loss of £402,000 year-on-year as revenue increased to £4.2 million form £3.7 million. 'While we expect growth at a similar pace in the coming half, our strategy is to be very conservative and we will expend our energies growing our platfo...
Source: stockmarketwire.com