- APM Capital Markets reports lower 2023 revenue as focus shifts to maintaining core operations and regulatory compliance before company sale.
APM Capital Markets has released its strategic and financial report for the fiscal year ending 2023, noting a decrease in revenue and profit due to restructuring and preparations for a company sale. Revenue dropped to £843,938 from £1,523,424 in 2022, with losses increasing to £2,993,957 from £2,259,242.
The company attributes the financial decline to a shift in focus from growth to sustaining core operations and regulatory compliance, impacting its UK client base.
Following the acquisition’s completion in July 2024, APM Capital Markets intends to re-establish itself in the UK with a new trading platform.
Although operational costs rose, from £2,239,965 to £3,085,522, the company maintains a positive financial outlook with fresh support and funding from its parent company, Asseta Holding.
