
EasyEquities Group now servicing 2.06 million clients.
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Description
EASYEQUITIES GROUP HIGHLIGHTS <br /> <br /> • EasyEquities Group revenue increased by 11.1% to R237.8 million, from <br /> <br /> R214.0 million in the prior year; <br /> <br /> • Registered clients increased by 18% to 2.06 million, compared to 1.75 million in <br /> <br /> the prior year; <br /> <br /> • Active clients increased by 17.5% to 897,940, compared to 763,907 in the prior <br /> <br /> year; <br /> <br /> • Platform assets increased by 25.3% to R46.6 billion, compared to R37.2 billion in <br /> <br /> the prior year; <br /> <br /> • Retail inflows decreased by 28.1% to R5.90 billion, compared to R8.20 billion in <br /> <br /> the prior year; <br /> <br /> • Institutional inflows increased by 169.9% to R5.2 billion, compared to R1.9 billion <br /> <br /> in the prior year; <br /> <br /> • Cost of service per active client decreased by 10.0% to R170, from R188 in the <br /> <br /> prior year; <br /> <br /> • Loss before fair value adjustments and tax of R44.0 million compared to a profit <br /> <br /> of R31.4 million in the prior year <a href="http://www.kayafm.co.za/">Kaya FM </a>