LOGO
LOGO

ern/

GB Group H1 Adj. Operating Profit, Excl. FX Gain, Rises; Revenue Up 1.8% On Constant Currency Basis

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GB Group PLC (GBG.L) posted a first half pretax loss of 57.3 million pounds compared to a loss of 24 thousand, prior year. Loss per share was 21.8 pence compared to a loss of 0.3 pence, primarily due to the non-cash impairment of goodwill charge. Adjusted operating profit was 23.9 million pounds, compared to 28.1 million pounds, previous year. Adjusted earnings per share was 5.1 pence compared to 7.3 pence. Adjusted operating profit excluding FX gain was 23.6 million pounds compared to 21.8 million pounds, prior year.

For the six months ended 30 September 2023, revenue was 132.4 million pounds compared to 133.8 million pounds, last year. Constant currency revenue was 132.4 million pounds compared to 130.0 million pounds. Excluding the year-on-year decline in cryptocurrency customer revenues, revenue was up 3.3%.

GB Group said second-half performance to date has been in line with its expectations and the Group anticipates that fiscal 2024 revenue growth will be broadly in-line with current expectations.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.