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FY 2025
FD Technologies Posts Wider Loss, Debt Surges 84% Before First Derivatives Sale
- The company reports a challenging 6 months, with revenue down 7% to £118.2m and adjusted EBITDA falling 26% to £10.5m.
- FD Technologies recently announced its plan to sell its First Derivative business to EPAM Systems for £230 million.
Tuesday, 26/11/2024 | 07:39 GMT by
Damian Chmiel
Wise Posts 57% Profit Jump as Customer Base Expands Beyond 11 Million
- The fintech reports strong H1 FY25 results with 19% revenue growth and a 57% increase in underlying profit.
- It also reduced transfer costs for customers and achieved a 63% instant payment completion rate.
Wednesday, 06/11/2024 | 07:36 GMT by
Damian Chmiel
Wise Q2 Update: Active Users Hit 8.9M, Volume Reaches £35.2B
- The company reported results with a 23% increase in active customers and a 20% growth in cross-border volume.
- It also reduced fees while maintaining 17% revenue growth and its full-year outlook.
Tuesday, 15/10/2024 | 06:50 GMT by
Damian Chmiel
CMC Markets Just Turned a £2M Loss into a £51M Profit—Here's How
- The company expects 45% revenue growth for H1 2025 after stronger cost-cutting.
- It also reports progress in cost management and new product launches, including a partnership with Revolut.
Wednesday, 09/10/2024 | 06:37 GMT by
Damian Chmiel
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