Shares in the currency exchange website OzForex, which listed on the ASX in 2013, have fallen almost 20% after the company reported less than expected customer growth.
It also reported a 7.5% increase in its costs when it announced its half year results.
However, revenue was ahead of prospectus forecasts at $72.6 million.
However, customer acquisition was about 11% lower than forecasts. The company has about 120,500 active clients.
Costs were also higher due to additional staff and promotional costs associated with being a publicly listed company.
Shares were trading at $2.47 today.
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