Pepperstone Limited, the London based, FCA licensed arm of Australia based Retail FX and CFDs broker Pepperstone, saw fairly steady activity in 2024 following two strong years of growth in 2022 and 2023, as the company continues to focus on international expansion.
Following a 36% increase in Revenues in 2022, and a 30% rise in 2023, Revenues at Pepperstone UK came in at £13.0 million in FY 2024 (2023: £13.9 million). Pepperstone has a June 30 fiscal year end.
On the bottom line Pepperstone UK saw Net Profit of £9.9 million in 2024, virtually identical to the £10.0 million it earned in 2023.
As at the year ended 30 June 2024, the balance of client funds held within segregated accounts was £27.0 million, up from £25.2 million the previous year.
During the year the company launched 212 new trading symbols across various asset classes taking the total number of products offered to in excess of 1,400. Dividends of £6,300,059 were declared and paid during the year (2023: no dividend paid). In light of the above, the directors of the company reported that they are satisfied with the results for the year.
Pepperstone UK’s 2024 income statement and balance sheet follow.
