Leading Switzerland based online banking and trading provider Swissquote (SWX:SQN) has released its final financial figures for the first half of 2024, showing record top and bottom line results at the company as crypto trading has become a much bigger piece of the pie in 2024.
In the first half 2024, Swissquote said that investor sentiment improved, which had a positive impact not only on trading activity but also on customer acquisition. Net revenues reached CHF 316.9 million (or USD $365 million, +19.3% compared to year-back period) while pre-tax profit increased to CHF 169.7 million (+35.9% compared to year-back period). Net Profit came in at a record CHF 144.6 million, up 30% from 2H-2023’s previous best result.
As at 30…
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