Event Dime
Finseta Swings to Full-Year Loss as Expansion Costs Outrun Revenue Growth
Arts & Culture
- When:
- June 4, 2026 · 6:41 AM
- Where:
- Finance Magnates Awards 2026
- Source:
- Finance Magnates Awards 2026
Finseta fell into a loss in 2025 as the cost of expanding into Dubai, Canada and corporate banking outran a 9% rise in revenue, ending a run of profitability for the foreign exchange and payments firm. The AIM-listed company (AIM: FIN ), formerly known as Cornerstone FS, reported a net loss of £1.1 million for the year ended December 31, reversing a £1.0 million profit in 2024. Adjusted EBITDA, the measure management leans on, fell to £0.2 million from £2.0 million. Chief Executive James Hickman