Company News

Hardman & Co complete research on Cornerstone FS

Cornerstone is experiencing strong growth, benefiting particularly from favourable underlying market trends and from the expansion of its Asia-focused operations during FY21. The trading update for FY21 to end-December confirms strong revenue momentum (38% year-on-year growth) and an emphatic 21.7% point YoY uplift in gross margin. The margin uplift was driven by higher customer revenue through direct channels (c.56% of total revenue in FY21), versus the indirect introducer network, although all channels saw growth. With a coherent product development roadmap in place and a strong pipeline of acquisitions, Cornerstone should continue to deliver solid growth over the medium term.

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Latest Company News:

We’ve appointed two new non-executive directors

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 that it has appointed Simon Bullock and John Burns as Independent Non-Executive Directors, with immediate effect and from 1 December 2022 respectively. The Company also announces that Daniel Mackinnon has tendered his resignation from the Board effective 1

A new Strategic Partnership with Atlantic Partners Asia

Further to the Company’s announcement of 4 March 2022 announcing the variation of terms attached to the Convertible Loan note between the Company and Mr. William Newton (“BN”), Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that

Our first half of 2022 represents ‘a period of significant growth’

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

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