XTB Sees Decline in Net Profit in 2021

Fazzaco learned that X-Trade Brokers (XTB), a leading FX & CFD broker based in Poland, has released its financials for the year of 2021, ending on 31 December.

2021 key figures at a glance (2020):

• Total operating income: PLN 625.5 million (PLN 797.7 million)

• Profit on operating activites: PLN 276.8 million (PLN 515.7 million)
  

• Profit before tax: PLN 290.4 million (PLN 498.6 million)

• ​Net profit: PLN 237.8 million (PLN 402 million)

• ​Net cash from operating activites: PLN 199 million (PLN 469.1 million)

• Net cash from investing activites: PLN 54.8 million (PLN 384.2 million)

• Net cash from financing activites: PLN 216.1 million (PLN 32.8 million)

• Total assets: PLN 3.14 billion (PLN 2.28 billion)

• Total liabilities: PLN 2.23 billion (PLN 1.39 billion)

• Share capital: PLN 5.86 million (PLN 5.86 million)

• Equity: PLN 915.5 million (PLN 888.3 million)