Aquis Exchange marks slight rise in revenues in H1 2024

Aquis Exchange marks slight rise in revenues in H1 2024

Aquis Exchange PLC (LON:AQX) today provided a trading update for the first half of the year ending 31 December 2024.

In the six months ended 30 June 2024, net revenue increased 3.5% to £10.0 million (H1 23: £9.7m).

Cash and cash equivalents amounted to £14.5 million (H1 23: £13.9m).

Aquis Technologies’ contract pipeline has grown very strongly. Aquis Data saw revenues grow 17.0% as member data fees come into effect.

Aquis Technologies, where Aquis licenses its leading exchange related technology to a variety of international financial services clients across different asset classes, has continued to build on its strong pipeline of potential new contracts as reported at the time of the full year results in March 2024 and this now stands at the largest in the division’s…
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