Cornerstone FS plc

CSFS

GB00BNG7CD28

Software

Market Closed - London S.E. Other stock markets 11:35:13 2024-05-10 am EDT			5-day change	1st Jan Change
35 ^GBX	-2.78%		-10.26%	+52.17%

May. 08	EARNINGS: International Biotechnology bullish; Andrews Sykes profit up	AN
Mar. 20	Cornerstone FS plans to change name to Finseta as part of growth plan	AN

Cornerstone FS reports strong 2022 as it completes transition to customer-facing business

May 17, 2023 at 03:03 am EDT

(via NewsDirect)

Cornerstone FS PLC CEO James Hickman joined Proactive's Stephen Gunnion with details of the company's 2022 financial performance, including a more than doubling in revenue to £4.8 million.

Hickman attributed the increase to strategic acquisitions and a focus on top-line growth. It also improved its gross margin to 60.9% as it transitioned from being a technical service provider to directly serving customers. Looking ahead to 2023, he said Cornerstone FS aims to continue investing in people, expanding its sales capability, enhancing its product offerings, and building a strong customer base.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about Cornerstone FS plc

EARNINGS: International Biotechnology bullish; Andrews Sykes profit up	May. 08	AN
Cornerstone FS plans to change name to Finseta as part of growth plan	Mar. 20	AN
Cornerstone FS Secures Money Services Business License in Canada	Feb. 13	MT
Cornerstone up after receiving licence for operations in Canada	Feb. 13	AN
Cornerstone FS plc Receives Money Services Business Licence from the Financial Transactions and Reports Analysis Centre of Canada	Feb. 13	CI
Cornerstone FS shares climb as wins contract with Mastercard	Jan. 23	AN
Cornerstone FS Teams Up with Mastercard on Corporate Card Scheme; Shares Up	Jan. 23	MT
Cornerstone FS plc Signs Agreement with Mastercard to Launch Corporate Card Scheme	Jan. 23	CI
Cornerstone FS plc Announces Change of Registered Office	Jan. 18	CI
Cornerstone FS 2023 revenue doubles and earnings grow	Jan. 10	AN
FTSE 100 slips as miners hold down index	Dec. 04	AN
Cornerstone FS shares up as expects earnings above market expectations	Dec. 04	AN
AIM WINNERS & LOSERS: Cornerstone FS to beat 2023 expectations	Dec. 04	AN
FTSE 100 edges lower as eyes turn to US jobs	Dec. 04	AN
Cornerstone FS "strong" trading continues into second half	23-10-24	AN
Cornerstone FS to sell subsidiary Capital Currencies	23-09-20	AN
An unknown buyer entered into a share purchase agreement to acquire Capital Currencies Limited from Cornerstone FS plc for £0.15 million.	23-09-19	CI
FTSE 100 ends higher as UK wage growth picks up	23-09-12	AN
FTSE 100 ends higher as UK wage growth picks up	23-09-12	AN
Cornerstone FS swings to interim profit as revenue jumps	23-09-12	AN
Earnings Flash (CSFS.L) CORNERSTONE FS Reports H1 Revenue GBP3.6M	23-09-12	MT
Earnings Flash (CSFS.L) CORNERSTONE FS Posts H1 EPS GBX0.06	23-09-12	MT
Cornerstone FS plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-12	CI
Cornerstone expects maiden positive earnings on revenue uplift	23-07-11	AN
Cornerstone Fs plc Announces Total Revenue Guidance for First Half 2023	23-07-11	CI

Chart Cornerstone FS plc

Duration

Period

More charts

Company Profile

Cornerstone FS plc is a United Kingdom-based company that is primarily engaged in providing payments, which is a focused fintech business. The Company provides international payment, currency risk management, and electronic account services using its cloud-based multi-currency payments platform. It primarily provides these services on a white-label Software-as-a-Service (SaaS) basis through third-party aggregators to small and mid-size enterprises (SMEs) that engage in international trade. The Company also provides currency payment services for its customers and liquidity services to other foreign exchange brokers. The Companyâs wholly owned subsidiaries include Cornerstone Payment Solutions Ltd., CS Commercial Limited, Cornerstone Middle East FZCO, Capital Currencies Limited, and Cornerstone EBT Trustee Limited.

Sector

Software

Calendar

2024-09-23 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Cornerstone FS plc

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Enterprise Software

	1st Jan change	Capi.
CORNERSTONE FS PLC	+52.17%	25.15M
ORACLE CORPORATION	+10.66%	321B
SAP SE	+26.23%	220B
SERVICENOW, INC.	+3.30%	150B
CONSTELLATION SOFTWARE INC.	+13.73%	57.95B
FAIR ISAAC CORPORATION	+14.14%	32.83B
HUBSPOT, INC.	+3.00%	30.44B
WISETECH GLOBAL LIMITED	+28.33%	21.13B
MICROSTRATEGY INCORPORATED	+86.90%	20.94B
SAGE GROUP PLC	+2.17%	14.97B

Enterprise Software

Cornerstone FS plc

Equities

CSFS

GB00BNG7CD28

Software

Cornerstone FS reports strong 2022 as it completes transition to customer-facing business

Contact Details

Latest news about Cornerstone FS plc

Chart Cornerstone FS plc

Company Profile

Income Statement Evolution

Ratings for Cornerstone FS plc

EPS Revisions

Annual profits - Rate of surprise

Sector Enterprise Software