Momentum reveals £4.8m turnover in latest results

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MD Howard Pepper says the AR network made "substantial investments" in staff and IT during 2017.

Momentum Broker Solutions has reported profit after-tax of £273,289 for the 15 months to 31 December 2017.

In the year ended 30 September 2016 the appointed representative network achieved post-tax profit of £227,219.

In a filing at Companies House the company explained that it had extended its accounting period by three months so that the financial year end would be better aligned with its trading partners.

Its turnover for the 15 months was £4.80m compared to £3.07m for the 12 months to

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