- ActivTrades reports £4.1 million profit in 2024, reversing a £6.7 million loss and boosting revenue by 36 percent.
ActivTrades plc has reported a strong financial turnaround in 2024 after a difficult 2023. Revenues jumped 36% to £37.6 million, up from £27.5 million the previous year.
The company also moved from a £6.7 million loss in 2023 to a £4.1 million profit in 2024.
The broker scaled back its dividend payout to £1.5 million, compared to £11 million the year before, boosting its capital reserves to over £41 million by year-end.
Client activity saw a notable rise with 13,285 new funded accounts and 28,898 active traders. Although trading volume dipped 37%, net deposits increased by 14% to £25.8 million.
