IS Prime reports continued growth

IS Prime has reported excellent financial results, with £17.2m turnover y/e 31 March 2018 and strong operating profits (£5.7m) and net assets (£7.7m).

November, 2018

Raj Sitlani
Raj Sitlani

IS Prime has reported excellent financial results, with £17.2m turnover y/e 31 March 2018 and strong operating profits (£5.7m) and net assets (£7.7m). Reported figures from the FCA regulated Prime of Prime cannot be compared ‘like for like’ to previous years as reporting is now done as part of ISAM Capital Markets, with revenue previously accounted for under IS Prime now apportioned across the group which also includes IS Prime Hong Kong and IS Risk Analytics. Raj Sitlani, Managing Partner, IS Prime comments, “In an increasingly competitive market, we are very proud of the fact that we have exceeded our targets and continued to gain market share, reinforcing our position as a global market leader in the Prime of Prime industry.”