Saxo Capital Markets UK Revenue Falls 18% to £26.2 Million in 2022
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 an 18% revenue decline to £26.2 million and profit after tax of £10.5 million for the year ended December 2022.
Trading 212 UK reported £94.1 million revenue for 2021, up 73% year-over-year, with profit after tax more than doubling to £45.3 million.
Trading 212 UK reported £41.1 million profit on £98.7 million revenue for 2022, with client assets reaching £1.92 billion.
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 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 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.