UK-based Hantec Markets, a foreign exchange (FX) and contracts-for-difference (CFD) broker, has unveiled its financial statement for the fiscal year ending June 30, 2015, according to a recent regulatory filing.
For the fiscal year ending June 30, 2015, Hantec Markets saw its turnover climb substantially to $5.05 million (£3.34 million). This represents a jump of 24.1% YoY from just $4.07 million (£2.69 million) over the same period in 2014.
ICDX, JFX Announce the 2019 Winners of the Bilateral Transactions VolumeGo to article >>
Furthermore, Hantec Markets reported an operating profit of $239,347 (£158,284) during the fiscal year ending June 30, 2015. Relative to its 2014 counterpart however, this constitutes a staunch ascent of $25,838 (£17,083) or 826.6% YoY.
This rapid climb in profits was reflected overall in a robust profit margin by the broker, which yielded $186,919 (£123,587) in the fiscal year ending June 30, 2015. Against the same period one year ago, this compares to just $12,699 (£8,397) or 1372.0% YoY.
In addition, Hantec Markets showed net current assets in holding of $2.48 million (£1.64 million) during the fiscal year ending June 30, 2015, relative to $2.27 million (£1.50 million) over the same period in 2014, or 9.3% YoY.