Financial and Business News

iSAM Securities UK Unit Revenue Down 28% in 2025: Non-Operating Income Offsets Rising Costs

Tuesday, 03/03/2026 | 12:24 GMT by Tareq Sikder
  • Core operations generate £12.2m loss; non-operating income lifts pre-tax profit to £4.5m.
  • Interest income falls 48%, but other income doubles, keeping overall profit positive.
iSAM's new Hong Kong office
iSAM's new Hong Kong office

iSAM Securities (UK) Limited has reported a decline in profitability for the financial year ended 30 June 2025. Profit before taxation stood at £4.5 million. In the previous year, the company reported £12.8 million. This represents a fall of 65% year on year.

The decline was linked to lower revenue and higher operating costs. The company remained profitable due to non-operating income.

Revenue Drops, Expenses Climb at iSAM

Turnover for the year was £19.56 million. In 2024, turnover was £27.04 million. This marks a decrease of £7.48 million, or 27.7%. The reduction reflects weaker core trading activity.

Administrative expenses increased during the same period. Costs rose from £28.31 million in 2024 to £31.74 million in 2025. The increase of 12.1%, combined with lower turnover, further reduced margins.

Source: Company Information Service UK
Source: Company Information Service UK

Other Income Offsets Larger Core Losses

The company recorded an operating loss of £12.18 million for 2025. In 2024, the operating loss was £1.27 million. This indicates that core operations generated a larger loss compared to the prior year.

Other income rose significantly. It increased from £6.39 million in 2024 to £12.66 million in 2025. Interest received declined during the year. It fell from £7.69 million to £4.02 million, a decrease of 47.7%.

The combined effect of higher other income and interest received offset the operating loss. As a result, the company reported a profit on ordinary activities before taxation of £4.50 million. The tax charge for the year was £1.18 million, lower than in the previous year. Profit after taxation totalled £3.32 million. In 2024, the company reported £9.63 million.

Previous Year Performance for Context

For comparison, in the financial year ending 30 June 2024, iSAM Securities (UK) reported turnover of £27.04 million, down from £31.62 million in 2023. Administrative expenses fell slightly to £28.31 million.

The company recorded an operating loss of £1.27 million, which was partly offset by higher other income of £6.39 million and interest income of £7.69 million. Pre-tax profit reached £12.81 million, with post-tax profit at £9.63 million. The board confirmed that resources remained adequate to support ongoing operations.

iSAM Securities (UK) Limited has reported a decline in profitability for the financial year ended 30 June 2025. Profit before taxation stood at £4.5 million. In the previous year, the company reported £12.8 million. This represents a fall of 65% year on year.

The decline was linked to lower revenue and higher operating costs. The company remained profitable due to non-operating income.

Revenue Drops, Expenses Climb at iSAM

Turnover for the year was £19.56 million. In 2024, turnover was £27.04 million. This marks a decrease of £7.48 million, or 27.7%. The reduction reflects weaker core trading activity.

Administrative expenses increased during the same period. Costs rose from £28.31 million in 2024 to £31.74 million in 2025. The increase of 12.1%, combined with lower turnover, further reduced margins.

Source: Company Information Service UK
Source: Company Information Service UK

Other Income Offsets Larger Core Losses

The company recorded an operating loss of £12.18 million for 2025. In 2024, the operating loss was £1.27 million. This indicates that core operations generated a larger loss compared to the prior year.

Other income rose significantly. It increased from £6.39 million in 2024 to £12.66 million in 2025. Interest received declined during the year. It fell from £7.69 million to £4.02 million, a decrease of 47.7%.

The combined effect of higher other income and interest received offset the operating loss. As a result, the company reported a profit on ordinary activities before taxation of £4.50 million. The tax charge for the year was £1.18 million, lower than in the previous year. Profit after taxation totalled £3.32 million. In 2024, the company reported £9.63 million.

Previous Year Performance for Context

For comparison, in the financial year ending 30 June 2024, iSAM Securities (UK) reported turnover of £27.04 million, down from £31.62 million in 2023. Administrative expenses fell slightly to £28.31 million.

The company recorded an operating loss of £1.27 million, which was partly offset by higher other income of £6.39 million and interest income of £7.69 million. Pre-tax profit reached £12.81 million, with post-tax profit at £9.63 million. The board confirmed that resources remained adequate to support ongoing operations.

Topics
ISAM
iSAM Securities
retail
retail brokers
retail forex
About the Author: Tareq Sikder
Tareq Sikder
  • 2169 Articles
  • 40 Followers
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

More from the Author

Retail FX

Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI

Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI

Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025. In this wide-ranging discussion, Hannah shares insights on: 🔹What winning the Finance Magnates award means for AXI’s credibility and innovation 🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards 🔹The development and rollout of the AXI trading app across multiple markets 🔹Driving brand evolution alongside technological advancements 🔹Encouraging and recognizing teams behind the scenes 🔹The role of marketing, content, and social media in building product awareness Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape. 🏆 Award Highlight: Most Innovative Broker of the Year 2025 👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events. #FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI

Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025. In this wide-ranging discussion, Hannah shares insights on: 🔹What winning the Finance Magnates award means for AXI’s credibility and innovation 🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards 🔹The development and rollout of the AXI trading app across multiple markets 🔹Driving brand evolution alongside technological advancements 🔹Encouraging and recognizing teams behind the scenes 🔹The role of marketing, content, and social media in building product awareness Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape. 🏆 Award Highlight: Most Innovative Broker of the Year 2025 👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events. #FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
More Videos

  • Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25

    Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25

    In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide. We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand. We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error. We close with a practical question: how retail investors can actually use AI without falling into common traps.

    In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide. We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand. We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error. We close with a practical question: how retail investors can actually use AI without falling into common traps.

  • Executive Interview | Brendan Callan | CEO, TRADU | FMLS:25

    Executive Interview | Brendan Callan | CEO, TRADU | FMLS:25

    Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner. In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences. We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading. This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.

    Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner. In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences. We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading. This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.

  • Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse

    Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse

    Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025. 🔹In this wide-ranging discussion, Elina shares insights on: 🔹What winning a Finance Magnates award means for credibility and reputation 🔹How broker demand for stability and reliability is driving rapid growth 🔹The launch of a new trade server enabling flexible front-end integrations 🔹Why ultra-low latency must be proven with data, not buzzwords 🔹Common mistakes brokers make when scaling globally 🔹Educating the industry through a newly launched Dealers Academy 🔹Where AI fits into trading infrastructure and where it doesn’t Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market. 🏆 Award Highlight: Best Connectivity 2025 👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events. #FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview

    Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025. 🔹In this wide-ranging discussion, Elina shares insights on: 🔹What winning a Finance Magnates award means for credibility and reputation 🔹How broker demand for stability and reliability is driving rapid growth 🔹The launch of a new trade server enabling flexible front-end integrations 🔹Why ultra-low latency must be proven with data, not buzzwords 🔹Common mistakes brokers make when scaling globally 🔹Educating the industry through a newly launched Dealers Academy 🔹Where AI fits into trading infrastructure and where it doesn’t Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market. 🏆 Award Highlight: Best Connectivity 2025 👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events. #FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview

  • Blueberry Broker Review 2026: Regulation, Platforms, Fees & Trading Conditions | Finance Magnates

    Blueberry Broker Review 2026: Regulation, Platforms, Fees & Trading Conditions | Finance Magnates

    In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 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 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights

    In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 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 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights