Trade Capital UK (Trade.com) Records 113.8% YoY Jump in 2021 Revenue

The FCA regulated investment firm Trade Capital UK (TCUK) Ltd, operating under trading name Trade.com, has released its its annual report and financial statement for the year ended on 31 December, 2021, indicaiting a great jump in many trading metrics.

More specifically, the UK-based broker reported a revenue of £240,009, 113.8% higher than the prior year's £112,213. Operating loss for the year came in at £127,529, compared to £275,561 in the same period of 2020. Net loss stood at £71,861, down by 71.8% compared with 2020's £255,545.

Moreover, Trade Capital UK posted a gross profit of £219,759. This number for 2020 was £89,700. Administrative expenses rose from 2020's £375,261 to £408,100. In addition, total assets of the company reached £348,953, compared to the previous year's £698,597.