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IronFX UK Posts Jump in 2021 Revenue, Closes Year Profitable

Source: Youmans

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Notesco UK Limited, which operates IronFX UK, has published its financial results for the year ended on the 31st of December 2021, revealing a significant jump in revenue during the period.

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The company reported a revenue of $863,071 across the 12 month period. When measuring this against the previous year, which had a revenue of $431,449, representing a jump of over 100 percent.

The FCA regulated firm achieved a profit before tax of $82,683, this is considerably stronger than the loss before tax of $58,367 recorded in the prior year. Overall, Notesco UK achieved a profit for the year, coming in at $69,747, as compared to the loss of $56,556 of the previous year.

"The performance for the year, and the position at 31 December 2021, are considered to be satisfactory and the directors are optimistic about the future as the business seeks to continue to grow its client base in the UK,"the company mentioned."The directors are confident that with the low cost, together with a growing UK client base, the Company will continue to trade successfully in the future."

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