Pace Gallery's UK parent swings to pre-tax loss as 2024 turnover falls to US$67.7 million

Pace Gallery's UK parent swings to pre-tax loss as 2024 turnover falls to US$67.7 million

The Pace Gallery Limited, which runs Pace's operations outside the US and Tokyo, reported a pre-tax loss for 2024, meaning costs exceeded income before tax. It made a US$6.8 million profit in 2023. Turnover, or total sales, fell to US$67.7 million from US$104.9 million. Accounts filed with Companies House, the UK company register, were reported by The Art Newspaper.

Published