Calamatta Cuschieri

CC Finance Group increased its revenue by €1.5 million, or 16.3 per cent, in 2020 over the previous year, amounting to €10.09 million by December, according to its recently published Annual Report and financial statements for 2020.

Nick Calamatta

Nick Calamatta, Co-CEO of CC Finance Group, commented on the achievement, saying “2020 will be remembered as a challenging year but transformational in many ways for the Group.”

“The challenges of the year allowed us to consolidate as well as formulate a focused strategy for the coming years. Despite this, we managed to achieve very encouraging results,” he asserts.

“In 2021, we have continued where we left off at the end of 2020, with substantial inflows in the first quarter, reflecting the vaccine optimism and market performance.”

The Group’s earnings before Interest, Tax, Depreciation and Amortization (EBITDA) was reported at €2.72 million, with profit before tax amounting to €1.51 million.

Alan Cuschieri

CC Finance Group operates in the fields of financial advice, online trading, wealth management, pensions, life insurance, fund services and capital markets.

Alan Cuschieri, Co-CEO of the Group says 2021 is expected to be another year of growth for the Group, particularly for its digital platforms.

“We have a steady stream of new offerings coming online and we are also investing in international markets. All of this will bring huge benefits to our customers and we are looking forward to delivering our plans for the second half of the year.”

Featured Image:

Cc.com.mt

Related

Team building and bonding: Key differences and how you can get the team together

21 June 2024
by Anthea Cachia

Both activities are a great opportunity for employees and leaders to engage in conversation, unwind and have fun.

Richmond Foundation CEO says employers ‘can do much more’ to protect workers’ mental health

21 June 2024
by Fabrizio Tabone

This was highlighted during a conference by the Commission for the Rights of Persons with Disability and Richmond Foundation.

‘Nothing beats personal contact’: Majority of Malta’s CEOs favor physical meetings

21 June 2024
by Fabrizio Tabone

Technology has made it possible to communicate in different ways, yet CEOs still feel the need to have at least ...

Regional Maltese airline celebrates inaugural flights as summer schedule takes off

21 June 2024
by MaltaCEOs

The airline’s summer flight schedule will run until October 2024 with flights operating from Malta to Corfu and Palermo three ...

Close Bitnami banner
Bitnami