eToro UK Subsidiary Reports £1.8 mln of Revenues in 2016

[kreslik.news]

The UK subsidiary of one of the leading social trading brands in the industry, eToto UK Limited is reporting more than triple the revenues in generated during the previous year. The company’s net income totaled £1.8 million (
$2.4 million). The company only represents a small portion of the global revenues of the social trading provider.

Administrative expenses also increased, marking a total of £1.7 million ($2.3 million), for a net profit of £106,000 ($143,000).

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