Company News

Cornerstone Trading Update

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an update on current trading and the outlook for the year to 31 December 2021.

As noted in Cornerstone’s interim results announcement on 27 September 2021, the Group had seen improved gross margins in H1 and had been experiencing increased trading momentum during the first nine months of 2021, which we are pleased to report has been sustained into the fourth quarter of the year. This growth in revenue is being driven by the expansion of the Group’s direct client base, which now makes up the majority of Group revenue, together with the contribution of its new Asia team since they came on board in August. As a result, the Directors now expect revenue for the year ended 31 December 2021, to be significantly ahead of last year.

You can find out more about investment in Cornerstone FS PLC at our Online Investor Centre.

For Media Enquiries: +44 (0) 203 971 4865 

Latest Company News:

Welcome to the team Henry, our new Sales Director

We’d like to give a big welcome to Henry Hatton who became part of the Cornerstone team today. Focusing on building out, developing and growing the Sales Teams. Henry is Cornerstone’s new Sales Director and joins us from WorldFirst.

Sale of Non-Trading Subsidiary

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 that it has entered into a share purchase agreement (“SPA”) for the sale of its non-trading subsidiary, Capital Currencies Ltd (“Capital Currencies”), which is authorised and regulated

September Interim Results

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

1 2 3 14