Capital.com UK Revenue Halves as Group Moves Staff to Separate Entity

Capital.com's UK regulated business posted a sharp decline in revenue and profit for 2025 after an internal reorganisation transferred some employees and operational activities to a newly established group service company.

The FCA-regulated entity, Capital.Com (UK) Limited, saw net trading revenue fall to £18.8 million from £40.9 million a year earlier. Gross profit dropped to £13.4 million from £39.6 million, while profit from operations fell to £604,473 from £6.2 million. The company reported profit before tax of £521,601, down from £5.9 million, and profit for the year of £1.49 million versus £4.45 million.

The steepest decline came from rebate income received from group companies, which remained the primary revenue stream but fell to £18.4 million from £42.4 million. Revenue share payable declined to £1.17 million from £2.22 million, while income from other services rose to £1.28 million from £209,010.

Headcount also reflected the reorganisation. Average monthly staffing fell to 30 employees in 2025 from 116 in 2024, with staff costs dropping to £5.0 million from £19.5 million. Administrative expenses declined to £12.8 million from £33.4 million, driven largely by the reduced staff base. Direct expenses, however, rose to roughly £5.4 million from £1.3 million, mainly on higher marketing and promotion fees, which climbed to £2.45 million from £69,817.

The balance sheet showed a contrasting trend for client money. Segregated client funds increased to £21.7 million at the end of 2025 from £19.7 million a year earlier. The company also paid a £4.0 million dividend in 2025, compared with none in 2024.

The company stated that the internal reorganisation changed the basis of remuneration from the group, and that the lower revenue and total assets reflect that structural shift rather than a discontinuation of any business activity or product line. The UK entity continued to meet its FCA capital requirements throughout the year.

The accounts cover Capital.Com (UK) Limited only and are not consolidated results for the wider Capital.com group. As such, the 54% revenue decline applies solely to the UK regulated entity.