FNZ chief executive Adrian Durham insists the platform technology provider will return to profit in 2025 after three years of losses driven by a massive acquisition spree and global expansion strategy.
The company, now based in New Zealand, posted a loss of $550.2 million (CHF491.1 million), down from $318.2 million in 2022.
This is evident in the company’s accounts for the year ended 31 December 2023, with data from Citywire UK’s New Model Advisor (NMA).