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Equals Group PLC Ord 1P (EQLS)

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05-Jul-2022 09:52 AM

Equals Group to outperform market expectations on 84% revenue jump

Shares in Equals Group PLC were up on Tuesday after it said that it expects to outperform full-year market expectations. Equals is a London-based payments firm serving small and medium enterprises. Shares in the company were up 9.1% to
06-Jan-2021 08:04 AM

Equals upgrades guidance on 'strong' performance in B2B products

Payments group Equals said it expected annual adjusted earnings and revenue to top market expectations amid ongoing momentum, led by 'strong' performance in B2B products. Revenue for 2020 was now expected to be around £1.0 million ahea
23-Sep-2020 08:28 AM

Equals losses widen in H1 as virus impact hurts business to consumer division

E-banking and international payments group Equals reported wider losses in the first half of the year as the impact of Covid-19 weighed on its business to consumer division. For six months ended 30 June 2020, the pre-tax loss was about £3.3m, comp
29-Jun-2020 09:23 AM

Equals swings to loss as higher costs, weakness in B2C business weighs

Payments company Equals swung to a loss as higher operating costs and weakness in its business to consumer segment weighed on performance. For the year ended 31 December 2019, the company reported a pre-tax loss of £8m compared with a profit of &
21-Apr-2020 02:16 PM

Equals first-quarter revenue up 32%; furloughs a fifth of staff

Payments company Equals said it had furloughed around 20% of its workforce and cut staff salaries for workers still employed by 20%. Revenue for the three months through March rose 32% on-year to £8.3m, though sales during the month of March in the
17-Mar-2020 01:40 PM

Equals cutting costs as coronavirus hurts travel cash revenue

Payments company Equals said it was cutting costs after it experienced a slowdown on travel cash and retail card revenues in the past week, due to the coronavirus hurting the travel sector. Equals said it was taking a conservative approach, given the unk
27-Jan-2020 09:28 AM

Equals annual turnover up 23% on better-than-expected second half performance

Payments group Equals said annual turnover increased nearly a quarter on better-than-expected performance in the second half. For the full year 2019, turnover increased 23% to £2.91bn on-year and revenue was up about 20%, the company said. Adj
10-Jul-2019 02:01 PM

Equals revenue rises 18% in first half

Payments company Equals Group said its revenue in the first half rose 18%, which was in line with its expectations. Revenue for the six months through June rose to £1.3bn, up from £1.1bn on-year. Overall revenue margins were slightly improve

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