Brightside revenue drops by £10m in "very tough" 2016
Ebitda also fell in 2016 to £3.9m from £7.0m but CEO Mark Cliff insists that the first half of 2017 has seen an uptick in numbers.
Brightside Group has reported a fall in Ebitda for 2016 to £3.9m, compared to £7.0m in 2015.
In its financial results for the year the broker also revealed a drop in revenues to £49.4m in 2016 (2015: £59.4m).
However, Brightside noted that the business was now turning around, reporting a 57% increase in Ebitda to £2.65m for the first half of 2017, compared to £1.68m in the first half of 2016.
In addition, the broker further stated that its policy count was increasing for the first time in
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