Capital Com (UK) Limited (Capital.com UK), the UK branch of FX & CFDs brokerage firm Capital.com, delivered a strong performance in 2022, with revenue up 88% compared to 2021.
Specifically, Capital.com UK reported revenues of £29.1 million in 2022 compared to £15.4 million in the prior year. Profits for 2022 were £4.1 million, a significant increase from £1.9 million in the previous year.
Gross profit for the year increased significantly from £7.2 million to £22.8 million and operating profit increased from £2.4 million to £5.4 million.
As of the end of 2022, Capital.com UK held total assets of £32 million, compared to £6.7 million in 2021. Total liabilities jumped from £3.4 million to £22.1 million. However, the platform's client funds fell from £20.1 million in 2021 to £18.4 million.