Alpha FX 2017 Revenues Up 60% YoY to £13.5 Million

[kreslik.news]

Alpha FX Group plc, a UK-based provider of Foreign Exchange services, has released its financial report for FY 2017.

The numbers are indicative of improved performance across the board, highlighted by improved revenues, which reached £13.5 million, up 60% YoY from 2016 levels of £8.5 million.

Additionally, underlying operational profit also recorded a substantial improvement, climbing to £6.8 million, posting a 55% improvement from £4.4 million in 2016.

The underlying operational profit excludes one-off costs, associated with the IPO and non-cash share based payment. Alpha FX was successfully listed on AIM (London Stock Exchange) as of April 7, 2017, which read more)