20th Apr 2022 12:35
Cornerstone FS PLC - London-based cloud-based payment services provider - Expects to report revenue of GBP2.3 million for 2021. This would represent growth of 38% against the previous year's figure of GBP1.7 million. Says this strong momentum has continued into the first quarter of 2022, with underlying revenue growth across the business. Revenue in the first quarter totals GBP946,000, which it says is its highest ever quarterly revenue. Cites the contribution from the group's Asia team as a driver of growth, particularly relating to its gross margin which it says increased to 52% from 30% in 2021. Read More
