Cornerstone FS PLC (AIM:CSFS) rallied 15% after the foreign exchange solutions provider published an exceptional trading update on Wednesday.
Revenues doubled year on year to £9.6 million with gross margins improving 210 basis points to 63%.
Profits were driven by an expanded sales team and wider offering, in particular the increased number of counterparties to broaden the range of currencies and countries where it can transact.
Cornerstone’s shares were swapping for 30.75p at the time of writing.