Nine months 2020 financial results - EUR2.54m net after tax profits

In the nine months of 2020 total revenue of the Group was EUR21.2m compared to EUR24.6m in the nine months of 2019, reduced by 14.0%. This change is mainly due to the EUR2.8m drop (70.3%) in revenue from settlement, and the application, on 1.1.2020, of the IFRS 15 accounting standard which allocates part of the revenue from corporates actions (rights issues and IPOs) to future fiscal years. On a comparable basis, revenue from corporate actions in 2019 would have been lower by EUR1m.

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