28th Jun 2024 19:52
Kingswood Holdings Ltd - London-based wealth and investment management company - In the financial year ended December 31 pretax loss widens to GBP13.3 million from GBP11.2 million a year prior. Revenue, however, rises 38% to GBP86.2 million from GBP62.6 million. UK & Ireland revenue increases to GBP46.6 million, up 38%, reflecting resilience to market headwinds and the benefit of acquisitions in the current and prior periods. US revenue also rises 38% to GBP39.6 million.
Chief Executive Officer David Lawrence comments: "I am delighted to report continued strong financial progress in 2023, with revenue for both the group and the core UK and Ireland business up over 37% on the prior year."
Current stock price: 13.06 pence
12-month change: down 38%
By Jeremy Cutler, Alliance News reporter
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.