Aquis Exchange (AQX)

Sector:

Financials

Index:

FTSE AIM All-Share

680.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 700.00
  • 52 Week Low: 320.00
  • Currency: UK Pounds
  • Shares Issued: 27.49m
  • Volume: 5,129
  • Market Cap: £186.95m

Aquis Exchange expects maiden FY profits as revenues top expectations

By Iain Gilbert

Date: Friday 26 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Exchange services group Aquis Exchange expects to report full-year revenues of no less than £11.0m for 2020, marginally ahead of expectations.
Aquis said on Friday that it was on track to deliver its maiden full-year pre and post-tax profits, a performance ahead of market expectations, with revenue growth driven in part by continued high levels of trading on Aquis Exchange alongside strong technology sales and growth in data revenues.

The AIM-listed firm stated its trading business, executed across its two trading venues in London and Paris, has seen 99% of its continuous European share trading smoothly transition across to its Paris venue following Brexit, with service remaining constant.

Chief executive Alasdair Haynes said: "We have long been well-prepared for Brexit-related changes and are pleased to report the successful and seamless continuation of our operations in the UK and the transfer of our European trading business to the Paris office.

"Despite the continued pandemic-related restrictions seen across our markets, we continue to achieve substantial operational progress and have beaten market expectations. Looking forward to 2021, we remain confident in our ability to execute against our growth strategy."

As of 0855 GMT, Aquis shares were up 8.27% at 563.0p.

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Aquis Exchange Market Data

Currency UK Pounds
Share Price 680.00p
Change Today 10.00p
% Change 1.49 %
52 Week High 700.00
52 Week Low 320.00
Volume 5,129
Shares Issued 27.49m
Market Cap £186.95m

Aquis Exchange Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.45% below the market average94.45% below the market average94.45% below the market average94.45% below the market average94.45% below the market average
82.48% below the sector average82.48% below the sector average82.48% below the sector average82.48% below the sector average82.48% below the sector average
Price Trend
77.01% above the market average77.01% above the market average77.01% above the market average77.01% above the market average77.01% above the market average
65.52% above the sector average65.52% above the sector average65.52% above the sector average65.52% above the sector average65.52% above the sector average
Income Not Available
Growth
41.79% above the market average41.79% above the market average41.79% above the market average41.79% above the market average41.79% above the market average
39.20% above the sector average39.20% above the sector average39.20% above the sector average39.20% above the sector average39.20% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Aquis Exchange Dividends

No dividends found

Trades for 05-Aug-2021

Time Volume / Share Price
17:06 600 @ 680.00p
16:18 600 @ 683.00p
15:35 428 @ 697.00p
14:38 163 @ 666.00p
14:05 100 @ 697.00p

Aquis Exchange Key Personnel

CEO Alasdair Frederick Seton Haynes

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