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GOTCHA: Alpha Growth - 2023 accounts to be restated in due course

By Tom Winnifrith | Thursday 30 January 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Yesterday, I published a letter from the Financial Reporting Council thanking me for bringing to its attention the issue that Alpha Gr4wth (ALGW) was not consolidating its insurance subsidiaries properly in the accounts for the year ended 31 December 2022. Following the FRC’s review, Alpha when it is issued its 2023 accounts restated the 2022 comparatives to rectify its previous incorrect accounting treatment.
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