CEO just appointed to save company bleeding 70% revenue - here's his rescue plan
Key Points
- CPT Markets UK suffered a drastic 70% revenue drop, showcasi...
Mike Greenhalgh just inherited what might be the financial equivalent of a house fire - CPT Markets UK managed to torch 70% of its revenue in a single year, turning £1,155,002 into a modest £351,378. That's like ordering a luxury yacht and receiving a rubber dinghy with a slow leak.
The numbers tell a story that would make even the most optimistic accountant reach for the tissues. The company's return on assets hit -111%, which is essentially the financial world's way of saying "we found new and creative ways to lose money." For context, last year's -2.5% suddenly looks like Warren Buffett-le...
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