- YCM-Invest reports £808,513 in revenue and £319,478 in profit for 2024, reversing losses through effective cost-cutting strategies.
YCM-Invest has reported impressive financial results for the first nine months of 2024, achieving £808,513 in revenue and £319,478 in profit.
This marks a significant turnaround from 2023, when the company recorded a loss of £542,481.
The 147% revenue growth was driven by aggressive cost-cutting measures, with sales costs reduced to £292,078 from £414,345 and administrative expenses cut to £196,805 from £453,721.
Operating as a proprietary trading platform, YCM-Invest generates revenue through spreads and commissions, clearing $5 to $8 billion in CFD trades monthly.
The company exclusively serves professional traders, enforcing stringent criteria that include extensive trading experience and financial expertise.
