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.
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.
UK's Reimbursement Plan Shakes Up Payments Industry
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa