The firm has reported €9.5 million gross profit amidst a Q-o-Q revenue surge of 39%.
The report has revealed a notable €3.1 million profit before tax.
Fiscal Year 2023
ISX
Financial EU Plc (ISX Plc) has unveiled its fourth-quarter results for the
fiscal year 2023, marking a stride in its performance within the 'Bank Tech'
sector. The company's financial report reflects notable growth and
profitability, showcasing adaptability.
ISXPlc
Surpasses Expectations with €10.5 Million in Revenues
In
Q4 2023, ISXPlc reported revenues totaling €10,460,527, representing a
substantial year-on-year increase of 35%. This surge in revenue surpasses initial
expectations.
The company's gross profit for the quarter amounted to
€9,489,599, reflecting its ability to manage operational costs and drive
sustainable profitability. Moreover, ISXPlc recorded a profit before tax of
€3,074,627. Net income stood at €2,572,331. The growth momentum observed in the
quarter is further accentuated by a quarter-over-quarter expansion in
revenues of 39%.
Nikogiannis
Karantzis, the Managing Director, said: "I am thrilled with the results and
our growth profile, whilst maintaining profitability and margins. 2023 is
another profitable year for ISX, that sets the group up for a listing event on
a regulated market. As we celebrate these achievements, I invite our valued
clients, partners, and stakeholders to join us on this exciting journey ahead
as we prepare for listing."
Creation of a New Holding Company
Earlier, Finance Magnates reported that ISX Financial EU Plc announced the creation of a new holding company, ISX Plc, which will seek admission to the list. This transition aligns with the company's aspirations for an initial public offering or a direct listing of the holding entity, marking a significant shift in its corporate structure.
Shareholders of ISX Financial EU Plc will maintain their ownership stakes in ISX Plc in direct correlation to their existing holdings.
Commenting
on the reorganization, company spokespersons expressed their commitment to
navigating the regulatory landscape diligently. They acknowledged the
challenges posed by the approval process but remained steadfast in their
pursuit of regulatory compliance and transparency. The
decision to restructure underscores ISX Financial's strategic vision. By
segregating its assets under a new holding company, the organization aims to
enhance clarity in its corporate structure and optimize its financial reporting
mechanisms.
ISX
Financial EU Plc (ISX Plc) has unveiled its fourth-quarter results for the
fiscal year 2023, marking a stride in its performance within the 'Bank Tech'
sector. The company's financial report reflects notable growth and
profitability, showcasing adaptability.
ISXPlc
Surpasses Expectations with €10.5 Million in Revenues
In
Q4 2023, ISXPlc reported revenues totaling €10,460,527, representing a
substantial year-on-year increase of 35%. This surge in revenue surpasses initial
expectations.
The company's gross profit for the quarter amounted to
€9,489,599, reflecting its ability to manage operational costs and drive
sustainable profitability. Moreover, ISXPlc recorded a profit before tax of
€3,074,627. Net income stood at €2,572,331. The growth momentum observed in the
quarter is further accentuated by a quarter-over-quarter expansion in
revenues of 39%.
Nikogiannis
Karantzis, the Managing Director, said: "I am thrilled with the results and
our growth profile, whilst maintaining profitability and margins. 2023 is
another profitable year for ISX, that sets the group up for a listing event on
a regulated market. As we celebrate these achievements, I invite our valued
clients, partners, and stakeholders to join us on this exciting journey ahead
as we prepare for listing."
Creation of a New Holding Company
Earlier, Finance Magnates reported that ISX Financial EU Plc announced the creation of a new holding company, ISX Plc, which will seek admission to the list. This transition aligns with the company's aspirations for an initial public offering or a direct listing of the holding entity, marking a significant shift in its corporate structure.
Shareholders of ISX Financial EU Plc will maintain their ownership stakes in ISX Plc in direct correlation to their existing holdings.
Commenting
on the reorganization, company spokespersons expressed their commitment to
navigating the regulatory landscape diligently. They acknowledged the
challenges posed by the approval process but remained steadfast in their
pursuit of regulatory compliance and transparency. The
decision to restructure underscores ISX Financial's strategic vision. By
segregating its assets under a new holding company, the organization aims to
enhance clarity in its corporate structure and optimize its financial reporting
mechanisms.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Polymarket Replaces Bridged USDC Aiming for a U.S. Relaunch
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Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
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Watch the full video to see if Hola Prime Markets fits your trading needs.
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▶️ YouTube: /@financemagnates_official
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In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
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Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
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Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
