Following a disappointing Q2, Poland based Retail FX and CFDs broker XTB (WSE:XTB) has reported its preliminary results for Q2 2024 indicating a nice bounce-back in the third quarter of the year, although activity (and profitability) did not return to record Q1 levels.
XTB Revenues and Profits
Revenues at XTB for the third quarter of 2024 came in at PLN 470 million (USD $118 million), up by 23% from Q2’s $96 million. Net Profit rose by 27% QoQ, to PLN 204 million ($51 million), versus $40 million in Q2.