ADS Securities London Records 2015 Results Nearly Year After Launch

[kreslik.news]

United Kingdom-based ADS Securities London Limited, has filed its Company House report for 2015, according to recently updated data, the company’s Board of Directors presented their strategic report for the year ended December 31, 2015, showing an increased profit year-over-year, along with a widening loss, and a new capital infusion, among other highlights.

Gross profit jumped over 76%, reaching over £3.29m for 2015, higher by over £1.42m from the nearly £1.87m reported for 2014, yet the group reported a loss of over £5.48m – driven by £8.77m in administrative expenses last year. Those increased costs had more than offset the ... (read more)