01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

#VELA investee co. #CSFS Cornerstone FS PLC – 2023 Full Year Trading Update January 10, 2024 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to provide an update on trading for the year ended 31 December 2023. The information contained herein has not been audited and may be subject to further review and amendment.   Highlights ·    Revenue growth of 100% to c. £9.6m (2022: £4.8m) ·    Gross margin improvement to c. 63%…

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#VELA investee co. #CSFS Cornerstone FS PLC – Interim Results September 12, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to announce its unaudited interim results for the six months ended 30 June 2023.   Financial Highlights ·    Revenue increased by 90% to £3.6m (H1 2022: £1.9m) through the continued expansion of the Group’s payments capabilities and offering, and on-going investment in the sales function ·    Gross margin broadly…

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#VELA investee co. #MTI Wireless Edge LTD – Interim Results August 15, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to today announce its financial results for the six month period ended 30 June 2023.   ‘Significant improvement in Operating Cashflow – a steady performance and on track for the year’ Financial highlights ·    Revenues broadly level at US$22.4m (H1 2022: US$22.7m), held back by adverse currency translation.  On a constant currency basis…

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