thewealthnet

Progeny reports over 43 percent revenue increase

News Team, 31/07/2023

Progeny has reported a year-on-year revenue increase of £10 million, or 43.5 percent for the first half of the year.

Meanwhile, EBITDA at the firm grew by £0.9 million, or 22.4 percent over the same period.

The firm’s wealth management division, Progeny Wealth, attracted £278 million of organic new assets under management, a 9.3 percent increase.

Progeny told thewealthnet it could not provide specific figures on revenues, EBITDA, t...


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