IN BRIEF: Parity eyes continued momentum in year ahead

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Parity Group PLC - London-based data and technology-focused professional services firm - Says that the uncertainty in the current economy has made it ‘more challenging’ to build on its achievements from the prior year. Nonetheless, it expects to continue to build momentum in 2023 and remains committed to returning the business to growth. Believes that permanent recruitment will be a future area of growth for the business.

Last month, the firm reported a widened pretax loss of £1.3 million for 2022 from £1.1 million in 2021, as revenue fell 14% to £40.6 million from £47.0 million.

Current stock price: 4.50 pence each, flat

12-month change: down 50%

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