Revenue and profit have increased at wealth management and independent financial advisory firm AFH Financial in its maiden result announcement after moving to AIM.
The Bromsgrove-based firm, which switched from trading on ISDX last month, said today sales had risen to £7.29 million (2013: £4.79 million) in the six months to April 30, 2014.
Operating profit climbed to £569,000 (2013: £355,000) and pre-tax profit rose to £537,000 (2013: £349,000).
During the period, it made four acquisitions including totalling £1.3 million and secured fundraising worth £1.6 million in April.
Chief executive Alan Hudson said today: "As the first interim results statement that the group is announcing on AIM, I am delighted to report strong revenue performance and profit growth during a period when our efforts were predominantly focused on our successful move to AIM from ISDX.
"Our outlook for this year is to continue with our steady growth through organic development and appropriate acquisitions to deliver further profitability.
"We are delighted to now be on AIM and look forward to updating shareholders with our progress."
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