EasyEquities Blog

Purple Group Interim Results for 2023 are out!

Written by Carly Barnes | Apr 24, 2023 6:30:00 AM

Our holding company Purple Group and its brands; GT247.com, EasyEquities, RISE and Emperor Asset Management, have released another set of exciting interim results. 

                                                                               

 

  • Group revenue increased by 6.7% to R146 million.
  • Excellent client retention with active clients increased by 23.8% 
  • Group costs increased by 57.8% to R142 million.
  • Net asset value per share increased by 8.9%

Our CEO, Charles Savage, commented on the company's resource allocation and growth in active customers, highlighting the success of partnerships in improving acquisition rates. Despite growth being under pressure in the current market cycle, the group's response to more evenly allocate resources across all value drivers will ensure the delivery of shareholder expectations in future financial periods.

Shareholders are encouraged to read the group's full interim results. To learn more about the good, the bad, the ugly, the beautiful and amazing of the results, tune in to the CEO's discussion here.


For more information, read this week's Financial Mail and download The Finance Ghost's podcast. You may also check Moneyweb, Biznews and other media covering our results.

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