IG Group Limited Reports Profit Drop to £78.5 Million as Dividend Income Falls 51%
IG Group Limited's profit before tax fell 51% to £78.5 million for the year ended May 31, 2021, as dividend income from subsidiaries halved.
IG Group Limited's profit before tax fell 51% to £78.5 million for the year ended May 31, 2021, as dividend income from subsidiaries halved.
IG Group Limited reported profit before tax of £387.6 million for the year ended May 31, 2022, up 393% from £78.5 million the prior year.
IG Group Limited reported profit of £429.6 million for FY2023, up 11% from the prior year, driven by increased dividend income from subsidiaries.
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.
Trading 212 UK reported £30.4 million profit after tax for 2023, down 26% year-over-year despite surging interest income.
IG Group Limited's profit fell 51% to £78.5 million for the year ended May 31, 2021, as dividend income from subsidiaries halved.
IG Group Limited reported profit before tax of £387.6 million for FY2022, up 394% from £78.5 million, driven by higher subsidiary dividend income.
IG Group Limited reported profit of £429.6 million for the year ended May 31, 2023, up 10.8% from the prior year.
IG Group Limited posted £357.9 million profit for FY2024, a 17% decline from £429.6 million the prior year, driven by lower dividend income from subsidiaries.