Interim report
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RNS Number : 6864M Aquis Exchange PLC 23 September 2021 : 23 September 2021 Aquis Exchange PLC ( " Aquis " , the " Company " or the " Group " ) Interim results for the six months ended 30 June 2021 Continued strong growth with EBITDA more than triple 1H20 Aquis Exchange PLC ( AQX.L ) , the exchange services group , is pleased to announce its unaudited results for the six months ended 30 June 2021 . Highlights : Revenue increased 37 % to £ 6.7 million ( 1H20 : £ 4.9 million ) EBITDA grew to £ 1.6 million ( 1H20 : £ 0.5 million ) Pre - tax profit grew to £ 1.0 million ( 1H20 : £ 0.0 million ) Cash and cash equivalents at 30 June 2021 of £ 13.9 million ( 30 June 2020 : £ 11.2 million ) Membership of Aquis Exchange ( AQX ) grew to 39 ( 1H20 : 31 ) and there was a 27 % increase in the average monthly usage , in terms of chargeable orders ( 2Q 2021 vs 4Q 2020 ) Market share of all pan - European trading significantly increased at 5.80 % in 2Q21 ( 4.65 % 4Q20 , 4.56 % 2Q20 ) Overall share of available liquidity of 22 % , the highest of any European MTF Aquis Stock Exchange ( AQSE ) successfully integrated into the Group and multiple enhancements implemented , resulting in a record fourteen admissions completed during 1H21 Post - period highlights : Currently tracking in line with market expectations for the full year Achieved a new record monthly market share of pan - European trading of 6.2 % in July 2021 Alasdair Haynes , Chief Executive Officer of Aquis , commented : " We are delighted to announce that profits have continued to increase , reflecting the strong momentum maintained in revenue growth . This growth has been driven by our existing Members continuing to increase their trading volumes through our pan - European equity , lit market . The strength of our offering in this division is demonstrated by our having reached 5.80 % of all pan - European secondary trading during 2Q21 . Following the completion of the acquisition of AQSE in March 2020 we introduced a number of strategic initiatives which have significantly improved liquidity , spreads and the overall attractiveness of the market . These changes have had a material effect on the number of companies admitted to trading with 14 new admissions during the first half , compared to three in 1H20 . While we anticipate the prevailing economic uncertainty will continue to impact market participants in the short to medium term , we have demonstrated we have the right model , team , technology and vision to deliver shareholder value and look to the future with confidence . " An overview of the results from Alasdair Haynes , CEO , is available to view on this link : https://www.brrmedia.co.uk/broadcasts-embed/6149d6a43aelca74490b15c2/aqx/?popup=true The Group will be hosting webinars for analysts and retail investors today at 9.00 and 13.00 respectively . If you would like to register for the analyst webinar , please contactaquis@almapr.co.uk . Investors who would like to attend the retail investor webinar can sign up to Investor Meet Company for free and add themselves to the meeting via https://www.investormeetcompany.com/aquis-exchange- plc / register - investor . Investors who have already registered will be automatically invited . Enquiries : Aquis Exchange PLC Alasdair Haynes , CEO Jonathan Clelland , CFO and COO Belinda Keheyan , Head of Marketing Tel : +44 ( 0 ) 20 3597 6321 Tel : +44 ( 0 ) 20 3597 6329 Liberum Capital Limited ( Nominated Adviser and Tel : +44 ( 0 ) 20 3100 2000 Broker ) Clayton Bush Chris Clarke Edward Thomas Kane Collings Canaccord Genuity Limited ( Joint Broker ) Tel : +44 ( 0 ) 20 7523 8000 Bobbie Hilliam Patrick Dolaghan Alma PR ( Financial PR Adviser ) Susie Hudson Kieran Breheny Faye Calow Tel : +44 ( 0 ) 20 3405 0209 aquis@almapr.co.uk Notes to editors : Aquis Exchange PLC is an exchange services group , which operates pan - European cash equities trading businesses ( Aquis Exchange / AQX ) , growth and regulated primary markets ( Aquis Stock Exchange / AQSE ) and develops / licenses exchange software to third parties ( Aquis Technologies ) . Aquis Exchange ( AQX ) is authorised and regulated by the UK Financial Conduct Authority and France's Autorité des Marchés Financiers to operate Multilateral Trading Facility businesses in the UK / Switzerland and in EU27 respectively . AQX operates lit order books and does not allow aggressive non- Page 1 of 12