StockMarketWire.com - Stock broking group Share swung to a small annual loss, as rising revenue was more than offset by administrative expenses.

Pre-tax losses for the year through December amounted to £22k, compared to a profit of £0.4m on-year.

Revenue rose 12% to £21.0m, bolstered by higher fee and commission income.

'Investor confidence and activity in the near term has been impacted by the current uncertain political environment, but Share remains well positioned with a growing customer base and a strong pipeline of partnership opportunities,' the company said.

'The group's financial performance in 2019 is expected to build on the positive momentum in the second half of 2018 and deliver a material improvement in profitability in 2019 as the benefits of growth initiatives continue to come through.'


At 8:27am: [LON:SHRE] Share PLC share price was +0.25p at 25.25p



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