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FinTech
Paysafe's $402 Million Q2 Revenue Drives Shares to Quarterly Peak
2023-08-15T16:27:30.086+02:00
Revenue grew 6% to a level exceeding $402 million.
In addition, Paysafe boosted its forecast for the whole year.
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Institutional FX
Plus500’s Revenue Dips 28%YoY in H1 2023 amid Declining Active Customers
2023-08-14T10:52:31.960+02:00
The company's active users declined 19% for the period.
Plus500 announced a share buyback of USD $214 million.
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Institutional FX
TP ICAP's £1.13 Billion Revenue Milestone Triggers a 16% Stock Surge
2023-08-09T10:10:43.914+02:00
The company reported higher-than-expected revenue and EBIT for H1 2023.
As a result, the company's shares surged Wednesday morning.
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Retail FX
Swissquote's Net Revenue and Client Assets Reach Record Heights in H1 2023
2023-08-09T08:03:37.471+02:00
Swissquote posted record-high net revenues, and all-time client assets peak.
Despite market challenges, Swissquote revises its full-year guidance upward.
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Retail FX
Beyond Nine-to-Five: Spectrum's Report Reveals Surge in Off-Hours Trading
2023-08-08T10:02:19.575+02:00
Spectrum's report shows that investors want to trade outside traditional trading hours.
In addition, the trading venue's H1 2023 volumes increased 20% from the previous year.
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FinTech
Fiserv Reports Revenue of $9.3B in H1 2023, but Net Income Drops
2023-07-27T09:57:45.164+02:00
Fiserv reported Q2 2023 GAAP revenue growth of 7% and adjusted EPS increase of 16%.
Having updated the 2023 outlook, the firm anticipates organic revenue growth between 9%-11%.
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Damian Chmiel
Retail FX
XTB’s Net Profit Plunges 12.2% in H1 despite Record New Clients
2023-07-26T20:23:56.268+02:00
XTB blamed the lower revenue and profit on lower volatility during Q2.
The broker onboarded 167,000 or 65.5% more new clients during H1.
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Solomon Oladipupo
Institutional FX
Alpha Group Reports Record Month and Revenue of £55M in H1 2023
2023-07-25T08:51:41.619+02:00
Alpha Group International plc has revealed a rise of 20% in revenue.
The company reported that June was a record month.
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Retail FX
NAGA Reports 22% Jump in Active Traders in H1 2023
2023-07-11T15:51:10.679+02:00
The company saw an increase of 22% in active traders.
Reported trading volume also rose to EUR 69 billion.
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FinTech
Cornerstone Estimates Revenue Jump of 89% in H1 2023
2023-07-11T09:16:45.333+02:00
Cornerstone expects total revenue for H1 2023 at £3.6 million.
The company’s CEO described the last six months as ‘excellent’.
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Damian Chmiel
FinTech
Equals Acquires Oonex and Reports Record Revenues of £45 Million
2023-07-05T10:21:41.841+02:00
The Belgian central bank confirmed the acquisition.
Equals’ revenues rose by 43% and the company expects to achieve the targets set for 2023.
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FinTech
Cornerstone’s H1 2022 Revenues Climb by 127%
2022-09-28T10:16:20.178+02:00
The company has witnessed strong growth in direct sales.
The gross margin improved to 61.7%.
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Retail FX
Admiral Markets’ Net Trading Income Surges 255% in First Half of 2022
2022-08-31T21:17:26.940+02:00
The net trading income skyrocketed from €9.1 million to €32 million.
Admirals described its H1 performance as 'exceptional'.
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Brokers
KVB Kunlun Reports Three-Fold Increase in H1 Profits
2018-08-20T10:57:45.000+02:00
Monday's report follows in the wake of an announcement made by the firm at the end of July
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Brokers
XTB Reports Significant YoY Profit and Revenue Growth in H1 2018
2018-08-06T09:35:59.000+02:00
The broker attributes its results to the implementation of its marketing strategy and favourable market conditions.
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Execution
Leucadia’s H1 Financials Reflect Strong Rebound, Revenues Trend Higher
2017-07-28T09:42:14.000+02:00
Jefferies investment banking and Berkadia’s strong debt origination helped boost the group's H1 financial results.
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Jeff Patterson
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