FX Broker - Fintech Intelligence — FX, Payments & Regulatory News

Spreadex Limited reported record revenue of £69.2 million for fiscal 2021, up 41% year-over-year, with pre-tax profit rising 50% to £35.1 million.

Spreadex Limited reported profit after tax of £22.5 million for the year ended May 31, 2022, down 21% as marketing investments increased.

Spreadex Limited posted 25% revenue growth to £88.8 million for the year ending May 31, 2023, with profit after tax rising 26% to £28.2 million.

Pepperstone Limited's UK trading revenue rose 36% to £10.7 million in fiscal 2022, with profit after tax more than doubling to £3.8 million.

Pepperstone Limited's UK unit nearly tripled profit to £10 million as trading revenue rose 29% to £13.9 million for the year ended June 30, 2023.

eToro UK reported net income of $41.9 million for 2020, up 717% year-over-year, as the retail trading platform swung to profitability.

eToro UK's net income jumped 531% to $264.2 million in 2021 as retail trading activity surged, with profit before tax rising 74% to $3.8 million.

eToro UK's net income fell 46% to $143.8 million in 2022 as crypto trading activity declined, though profit after tax rose to $3.4 million.

eToro UK's net income declined 14.6% to $125.7 million in 2023 as trading commissions fell amid slower market activity.

eToro UK posted $177.7 million in net income for 2024, a 41% increase from the prior year, with profit before tax nearly doubling to $6.4 million.

Category: FX Broker