(via NewsDirect)
The update boosted Cornerstone's share price by almost a third in early trading. Hickman attributes the improvement in the performance of the business to a strategic focus on revenue generation, expanding sales capabilities, and leveraging technology. He emphasises the importance of being customer-focused, a key factor in the company's turnaround, and says the increase in performance shows the business has "turned a corner."
He says the company's strategy for the upcoming year includes continued emphasis on revenue, cost control, and expanding its geographic and market footprint. Hickman highlights plans for product enhancement and development, driven by customer feedback. Furthermore, Cornerstone FS plans to expand its payment network, increasing its ability to deliver currency locally and extend its jurisdictional reach. Detailed expansion plans are expected to be announced in January.
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