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Thought Leaders
NRx Pharmaceuticals Eyes First Revenue in 2024, Breakthroughs in Bi-Annual Update
2024-05-09T10:16:13.306+02:00
NRXP has achieved a series of important milestones over the past several months.
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FinTech
ISX Financial's Q4 Revenue Hits €10.5 Million: A 35% Growth
2024-01-31T14:03:43.873+02:00
The firm has reported €9.5 million gross profit amidst a Q-o-Q revenue surge of 39%.
The report has revealed a notable €3.1 million profit before tax.
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Retail FX
NAGA Achieves EUR 45.5 Million in Revenue and Highest-Ever EBITDA
2024-01-09T15:13:26.244+02:00
In 2023, the company saw growth of 132,000 new accounts and over 9.2 million trades.
The firm recently announced a merger with Capex.com, accompanied by a cash injection of $9 million.
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Brokers
IG Group Ends FY23 with Lower Trading Revenue, Expands Share Buyback
2023-07-20T09:21:13.059+02:00
The trading revenue of the broker has declined 3 percent.
It allocated £250 million more to its share buyback program.
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Institutional FX
Cornerstone FS Reports 110% Rise in 2022 Revenue
2023-05-16T16:24:32.272+02:00
Cornerstone reported substantial growth in revenue.
The company will continue to expand its partnership network and bolster its offerings.
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CryptoCurrency
UK Crypto Revenue Growing Faster than US, Projected 125% in 2023
2023-04-25T13:02:31.623+02:00
The UK's crypto revenue is expected to grow 18.9% annually, reaching $3.77 billion by 2027.
UK profits on digital assets are set to grow strongest among the top 5 digital economies in 2023.
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FinTech
Wise Reports 80% Income Jump and Record User Base in Q3 FY23
2023-01-17T12:31:20.254+02:00
The total income rose to £268.7 million from £149 million reported last year.
Wise upgrades its guidance for FY23, forecasting total income to be 68-72% higher.
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CryptoCurrency
Coinbase Expects 2022 Revenue to Tank by over 50%
2022-12-07T23:40:27.441+02:00
The gloomy expectation comes on the heel of current crypto market turmoil.
Coinbase's revenue dropped -29% to $576 million in Q3 2022.
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FinTech
Flywire Sees Record Revenue in Q3 2022
2022-11-10T08:37:29.602+02:00
Total revenues came in at $95.2 million.
The number was 40% higher than the year before.
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Institutional FX
Euronext Returns Flat Spot FX Trading Revenue in Q3 2022
2022-11-04T00:39:29.433+02:00
The revenue came in at €7.3 million, which is the same as Q2 2022.
Euronext FX's total trading volume also dropped -7% to $1.44 trillion in Q3 2022.
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News
Playtech’s Revenue Climbs 73% YoY in H1 2022
2022-09-22T10:09:18.686+02:00
Adjusted EBITDA reached €203.8 million during the first half of 2022.
The sale of Finalto was completed in July 2022.
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News
Argo Posts a Jump in BTC Mining during August
2022-09-09T10:12:02.245+02:00
The company mined 235 BTC in the last month.
Global Bitcoin miners are facing significant challenges due to rising energy prices.
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Institutional FX
Cornerstone Buys Pangea FX Limited
2022-09-02T09:59:44.257+02:00
In the financial year that ended on 31 March 2021, Pangea brought in revenue of £169,404.
In August 2022, Cornerstone named James Hickman as the new CEO.
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Brokers
IG Group Sees Solid Growth in FY22
2022-08-16T09:09:38.169+02:00
The total dividend per share came in at 44.2p, compared to 43.2p in FY21.
The company strengthened its positions across key global markets during the mentioned period.
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Institutional FX
LSEG Posts Solid Income Growth in H1 2022
2022-08-05T12:00:01.468+02:00
Interim dividend climbed by 27%.
Gross profit came in at £3,231 million.
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Brokers
StoneX Reports Net Income of $49.1 Million in the Latest Quarter
2022-08-04T12:59:58.414+02:00
For the quarter ended 30 June 2022, the company reported operating revenues of $528.8 million.
Quarterly diluted EPS came in at $2.37 per share in the mentioned period.
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Brokers
Monex Group Posts Solid Revenues in Q1 FY23
2022-08-03T09:52:24.422+02:00
Monex highlighted the latest developments regarding TradeStation’s growth strategy.
The consolidated pre-tax income in the latest quarter reached JPY 1.1 billion.
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News
PayPal’s Net Revenues Climb 9% YoY in Q2 2022
2022-08-03T07:48:04.489+02:00
The total payment volume reached $339.8 billion in the second quarter.
Operating cash flow came in at $1.5 billion.
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Executives
Rob Gatto Emerges Paysafe’s First CRO
2022-08-02T20:36:13.833+02:00
He is to lead Paysafe's international sales function.
Gatto brings decades of experience to the role.
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Institutional FX
Virtu Financial Posts $604.7 Million in Revenues for Q2 2022
2022-07-28T13:54:55.441+02:00
Total revenues jumped by 10.2% YoY.
Net income for Q2 came in at $148.9 million.
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News
Worldline’s Revenue Jumps 12.6% YoY in H1 2022
2022-07-27T11:37:54.247+02:00
Revenue for the mentioned period came in at €2,020 million.
The company witnessed strong growth in the second quarter of 2022.
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Institutional FX
SIX Sees 12% YoY Growth in Net Profit for H1 2022
2022-07-22T10:35:55.520+02:00
Operating income came in at CHF 751.7 million.
EBIT climbed by 4.9% to CHF 161.4 million.
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News
Wise Sees 51% YoY Growth in Revenue during Q1 FY23
2022-07-19T09:39:17.890+02:00
The total number of active personal clients jumped 37%.
Total volume reached £24.4 billion in the latest quarter.
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Payments
Equals Group Posts Record H1 2022 Financials, Revenue Jumps 84%
2022-07-05T09:48:44.701+02:00
There was a massive jump in the company’s international payments business.
The gross profit of the company also increased by 47 percent.
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News
Mode Global Holdings Posts 732% YoY Jump in Trading Volume for 2021
2022-06-28T10:56:31.889+02:00
The company’s users climbed by 261% during the mentioned period.
Revenue increased by 192%.
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