Revenues at AFH Financial were up 20% compared to last year to just over £3m, its interim results have shown.
The IFA firm also reported recurring income increased by 29%, with its adviser numbers increasing from 53 at floatation, in June last year, to 88 today. It completed five acquisitions during the results period and eight since floatation on the Plus-SX stock exchange. It's profit, before tax, was about £430,000, up 14% from just over £380,000 last year. Alan Hudson, chairman and chief executive of AFH said: "Operationally, the group has grown significantly in the period since flotation. "We have strengthened our management team considerably and we have also increased our...
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