Trading - Fintech Intelligence — FX, Payments & Regulatory News

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.

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.

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.

ActivTrades PLC posted a £5.8 million loss for 2023 as revenue fell 45% to £27.5 million amid declining trading gains.

Plus500UK reported revenue of £11.2 million for 2024, down 16% year-over-year, while after-tax profit rose to £2 million from £205,000.

Tag: Trading