Momentum Broker Solutions unveils 2018 results
Network saw operating profit rise by 71%.
Momentum Broker Solutions has posted a 71% rise in operating profit to £594,766 for the year ended 31 December 2018 (2017: £347,357).
The document, filed on Companies House, also revealed a growth of 57% in the network’s profit before tax, from £348,880 in the previous year to £547,848 in 2018.
In addition, the business stated that it had seen its premiums rise by 35% to £32m in 2018 from £24m in 2017. Similarly, its turnover in 2017 was £4.8m and increased by 34% to £6.4m.
Investment
Momentu
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