Spreadex Limited, the UK-based sports and financial spread betting firm, posted record revenue of £104.6 million for the financial year ended May 31, 2025, up 1.3% from £103.3 million in the prior year, according to annual accounts filed with Companies House.
- Revenue: £104.6 million (+1.3% year-over-year, record high)
- Operating Profit: £40.1 million (+0.8% year-over-year)
- Profit Before Tax: £43.2 million (+2.3% year-over-year)
- Net Profit After Tax: £31.7 million (-2.4% year-over-year)
- Net Assets: £134.2 million (+4.8% year-over-year)
- Dividends Paid: £25.5 million (+61% year-over-year)
Profit before tax increased 2.3% to £43.2 million from £42.2 million, while operating profit rose 0.8% to £40.1 million from £39.8 million. Net profit after tax declined 2.4% to £31.7 million from £32.4 million, reflecting a higher tax charge of £11.6 million compared with £9.8 million in the prior year.
The company’s net assets grew 4.8% to £134.2 million from £128.1 million. Spreadex paid dividends of £25.5 million during the year, up 61% from £15.8 million in fiscal 2024.
Average headcount increased to 202 employees from 193, with total staff costs rising to £22.6 million from £24.6 million. Directors’ emoluments totaled £2.3 million, with the highest-paid director receiving £1.03 million.
The company noted its acquisition of Sporting Index Limited remains under review by the Competition and Markets Authority, with a final remittal report expected in September 2025. Following the reporting date, the group discontinued its online casino operations as part of a strategic restructuring.
