Saxo Capital Markets UK Profit Triples to £13.2m as Revenue Jumps 36% in 2020
Saxo Capital Markets UK reported profit after tax of £13.2 million for 2020, up from £4.3 million, as pandemic volatility drove trading activity.
Saxo Capital Markets UK reported profit after tax of £13.2 million for 2020, up from £4.3 million, as pandemic volatility drove trading activity.
Saxo Capital Markets UK posted £12.4 million profit after tax for 2021, down 6% year-over-year, as client assets grew to £1.62 billion.
Saxo Capital Markets UK reported an 18% revenue decline to £26.2 million and profit after tax of £10.5 million for the year ended December 2022.
Saxo Capital Markets UK reported £11.2 million profit for 2023, up 7% year-over-year, as assets under management rose 25% to £2 billion.
Saxo Capital Markets UK posted £7.6 million profit for 2024, down 32% year-over-year, as trading revenue fell 13% amid lower pricing and reduced market volatility.
Saxo Capital Markets UK profit fell 32% to £7.6 million as trading revenue declined 13% amid lower pricing and subdued market volatility.