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Wealth manager delivers maiden profit

News Team, 25/11/2021

Boutique wealth manager Oberon Investments has turned its first profit.

Announcing its unaudited results for the six months ended 30 September 2021, the firm reported a pre-tax profit of £128,000. A year earlier, Oberon Investments recorded a £514,000 loss.

Revenues increased by 186 percent to £3.4 million from £1.2 million at the end of September 2020.

EBITDA stood at £295,000, a significant improvement on the £436,000 lost a year earlier.  

Fu...


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