Switzerland based online trading and banking leader Swissquote (SWX:SQN) has issued a brief statement (see full text below) regarding its 2024 full year results, stating that the company saw “better than anticipated financial numbers” as it concluded the year.
Swissquote pointed out two factors for its good results – favourable market conditions, and crypto. Swissquote was fairly late to the crypto trading game, only recently launching full fractional crypto (and shares) CFDs trading, but it already seems to be bearing fruit on both its top and bottom line.
Digging into the (few) numbers released by Swissquote, it appears as though the company saw a 7% rise in Revenues during the second half of the year, with 2H-2024 Revenues at Swissquote coming in at a record CHF 338 million…
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