trending Market Intelligence /marketintelligence/en/news-insights/trending/6opFoVo0WA93u2aPiVP1ww2 content esgSubNav
In This List

Tandem Group swings to loss in H1

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


Tandem Group swings to loss in H1

Tandem Group PLC said its normalized net income for the first half was a loss of £6,250, compared with income of £215,000 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue climbed 9.8% on an annual basis to £17.1 million from £15.6 million, and total operating expenses grew 13.3% on an annual basis to £16.9 million from £14.9 million.

Reported net income fell 62.3% year over year to £133,940, or 3 pence per share, from £355,030, or 7 pence per share.