numis corp said on tuesday that its revenue for the first four months of fiscal 2023 was similar to the secondhalf runrate of fiscal 2022 as it experienced a continuation of difficult market conditions but said it is wellplaced to deliver when volumes recover the investment banking group said its revenue for the four months ended jan 31 was similar to the second half runrate of the previous fiscal year due to subdued levels of equity issuance and corporate activity its equities business revenue for the period was slightly ahead of the second half runrate helped by the rally in uk small and midcap indices and improved investor sentiment it said whilst capital markets volumes remain at cyclical lows and the timing of any meaningful recovery in market activity is uncertain the investment we have made in our platform positions us well for when volumes do recover numis said ahead of its annual general meeting later tuesday