Vela Technologies #VELA – Investee company Cornerstone FS #CFCS interim results September 27, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce its unaudited interim results for the six months ended 30 June 2022. Highlights ·   Total revenue increased by 127% to £1.9m (H1 2021: £837k) o  Growth driven by direct sales, which increased to £1.4m (H1 2021: £231k) ·     Gross margin improved substantially to 61.7% (H1 2021: 38.1%) ·…

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