FX Guys

Aquis Exchange forecasts FY22 performance in line with market expectations

Aquis Exchange PLC (LON:AQX) today provided a brief trading update for the year ended 31 December 2022 (FY22).

Aquis confirmed that it expects to report performance for FY22 in line with market expectations. The Board anticipates making further progress during 2023 and expects to continue to perform in line with expectations.

Let’s recall that for the first half of 2022, Aquis saw net revenue increase 21% from the year-ago period to £8.3 million (1H21: £6.9m). The EBITDA profit for the half year was £1.4 million, broadly in line with the EBITDA profit of £1.6 million generated in 1H21.

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