Poland based online broker XTB SA (WSE:XTB) has reported its financial results for Q4 and full-year 2022, indicating a significant slowdown in activity during the last quarter of the year.
However overall, XTB had its most successful and profitable year ever in 2022.
As far as Q4 goes, XTB is reporting top-line Revenues (or what it terms Total Operating Income) of PLN 216.7 million (USD $49 million) in Q4-2022, down by 45% from Q3’s PLN 391.3 million making Q4 XTB’s slowest quarter of the year. Net profit fell from PLN 236.2 million in Q3 to PLN 50.0 million ($11 million) in Q4.
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