Revolut Further Extends the Deadline to Publish 2021 Accounts

European fintech unicorn Revolut will published its 2021 accounts in the new year as the company will miss its 31 December deadline to publish them.

HMRC requires company accounts to be filed nine months after the financial year ends, however Revolut missed its original September 2022 deadline and had this extended to 31 December, a date that it will also now miss.

Revolut's 2021 figures have reportedly come under increased scrutiny, with the Financial Times reporting earlier this year that accountancy firm BDO had its previous auditing of Revolut's filings criticised as "inadequate" by the UK regulator.

Since September CEO Nikolay Storonsky has been describing Revolut as "profitable", based on its yet-to-be-filed 2021 accounts, however the exact figures that Storonsky is referring to have not been exposed.

A company spokesperson said: "Our accounts are finalised and we expect to confirm the previously reported news that we are profitable. We are very proud of this and intend to file the accounts in the new year."

Source: AltFi