But City A.M. reports that the business insists it’s in line with expectations.
Credit product-related revenue is more than 50 per cent down. Visitor numbers to the site, however, have increased by 6 per cent.
The company has reduced its headcount to realise cost savings of about £2.3m.
Nixon stepped down from the group in December.
Related articlesI’ll have what Simon Nixon is havingCanadian interest in Moneysupermarket.comSimon Nixon wins Entreprenerurs’ Entrepreneur award