Tagged: financial report

Embedded Banking Firm ClearBank Reports Significant Increase in YoY Income, Achieves Monthly UK Profitability

The Embedded Banking provider announces full-year results “including 46% increase in transaction volumes and 22% growth in customers.” ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, presents “the results from its 2022 Annual Report revealing the bank nearly tripled… Read More

Cross-Border Payment Group Zepz Reaches Profitability in H1 ’22

Zepz, the group making remittance payments fair, fast and affordable by powering global cross-border remittance brands WorldRemit and Sendwave, recently announced the 2021 financial results that will be “published in its upcoming Companies House Listing Annual Report as well as an H1 ‘22 performance update,… Read More

Grab Targets Group Adjusted EBITDA Breakeven by H2 2024 as it Focuses on Profitability

Grab Holdings Limited (NASDAQ: GRAB) announced at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA basis “by the second half of 2024, as it accelerates its path to profitability.” For the second half of 2022, Group Adjusted… Read More

Latvia’s Eleving Group Releases Financial Results for H1 2022

Eleving Group reports improved results in “all key business figures in its consolidated financial report for the period ended on 30 June 2022.” The company has provided the following operational and financial information: During the reporting period, Eleving Group has “increased its adjusted EBITDA by… Read More

Brazil’s C6 Bank Publishes 2021 Annual Report with Focus on Sustainability

Brazil’s C6 Bank notes that this latest update was prepared according to global “best practices” for publishing information on economic, social and environmental impact. In the midst of celebrating its three-year launch, C6 Bank has published the 2021 Annual Report. Available in the Documents section… Read More

Bitcoin focused MicroStrategy Announces Separation of Chairman, CEO Roles, Second Q2 2022 Financial Results

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest independent publicly-traded business intelligence company, announced that, as of August 8, 2022, Michael Saylor will “assume the new role of Executive Chairman” and Phong Le, the Company’s President, will also serve as the Company’s new… Read More

Digital Banking: UK’s Atom Bank Expected to Profit from Low-Cost Business Model

After its first monthly operating profit in Q1 FY22, Atom Bank has “delivered three further consecutive quarters of operating profit.” Underlying operating loss “narrowed to £2m – a £34m improvement over the previous year.” Income grew “by over 200%, with costs increasing by just 6%,… Read More

P2P Consumer Lending Platforms Are “Most Stable” in their Growth, Robo.cash Report Claims

P2P consumer lending platforms are the “most stable” in their growth, while the business segment is “increasing faster than the others,” the team at Croatian lender Robo.cash claims. Geographically, sustainable development is “mainly shown” by Croatian and Italian platforms, the Robo.cash writes in a blog… Read More

Eleving Group Is Reporting “Record-High” Financial Results for 9M 2021

Eleving Group (previously doing business as Mogo Finance) has shared its unaudited results for the nine months of 2021, “conclusively determining the company’s course to the best financial year in its history.” As mentioned in a blog post published by the Mintos team, the group’s… Read More

European Personal Finance Firm IuteCredit Shares Latest Unaudited Operational, Financial Results

IuteCredit has shared its unaudited results for 9M 2021. The firm has released its operational, strategic, and financial highlights along with comments from the company CEO. These details were provided to the AS Mintos Marketplace by IuteCredit, a cooperation partner of Mintos that provides investment… Read More

Lithuania’s Borderless Financing Platform, Debitum, Shares Comprehensive Q3 Financial Report

Lithuania-based financial platform Debitum is pleased to share key information with their investors – the company’s Financial report Q3, 2021. As noted in an update by Debitum, the document “presents the financial and business performance of the SIA DN Operator – the platform owner.” Debitum… Read More

Fintech Qudian Reports $63.8M in Q2 2021 Revenue, with $41.8M in Income Attributed to Shareholders

Qudian Inc. (NYSE: QD), an established technology platform that aims to improve the online consumer finance experience for Chinese consumers, recently revealed its “unaudited” financial results for the quarter and “ended June 30, 2021.” As noted in a release by Qudian, some of the Q2… Read More

European Digital Asset Manager CoinShares Releases 2021 Interim Financial Results Highlights

CoinShares International Ltd (Nasdaq First North Growth Market: CS) has shared its interim financial results for the 6 months ended 30 June 2021. The full report from European digital asset manager CoinShares, may be accessed via the firm’s Investor Relations site. As stated in the… Read More

PayPal Reports Record Year with $311B in Total Payments Volume in Q2 2021, 400M Active Accounts

PayPal Holdings, Inc. (NASDAQ: PYPL) announced its Q2 2021 results on July 28, 2021, for the period ended June 30, 2021. As noted in the announcement, the earnings release and related materials discussing these results may now be accessed at its investor relations website. PayPal… Read More

Payments Platform Square Sold $1.63 Billion in Bitcoin (BTC) via Cash App, Made $32 Million in Gross Profits in Q3 2020

Square (NYSE:SQ), a popular payments platform, confirmed on November 5, 2020, that it had sold around $1.63 billion in Bitcoin (BTC) via its widely-used Cash App during Q3 2020. Square’s management reported gross profits of about $32 million from Bitcoin transactions (for the third quarter… Read More

VeChain Confirms it’s Engaged in Fight Against COVID-19, has Partnered with Sam’s Club in China to Launch DLT based Traceability Solution

VeChain, the developer of blockchain-based solutions for enhancing supply chain management processes (among other use cases), has published its Financial Executive Report. VeChain says that it regularly releases its comprehensive financial report to promote greater “transparency, openness, and fairness.” The VeChain team noted that its… Read More

Ping An Insurance Releases Q1 2020 Performance Report, Says its Wealth Management Firm Lufax Is using AI to Enhance Operations during COVID-19

Ping An Insurance Group, China’s largest insurance and logistics conglomerate, has released its Q1 2020 financial results for the three months ending on March 31, 2020. Ping An’s management noted that they are coping with the Coronavirus (COVID-19) outbreak by adopting measures which include a… Read More

Crowdcube Success Monzo Releases 2017 Annual Report

This week, Crowdcube success and challenger bank, Monzo, released it’s 2017 Annual Report, which was sent to Companies House, with the year ending on February 28, 2017.  According to the company, every company throughout the UK submits their yearly financial accounts to Companies House and consists… Read More

OTC Markets Releases First Quarter 2016 Financial Results

OTC Markets Group Inc. (OTCQX: OTCM), operator of open, transparent and connected financial markets for 10,000 U.S. and global securities, announced on Wednesday its financial results for the first quarter 2016. R. Cromwell Coulson, president and CEO of OTC Markets, stated: “During the first quarter,… Read More

OTC Markets Releases Four Quarter & 2015 Fiscal Year Financial Results

OTC Markets Group Inc.,  operator of open, transparent and connected financial markets for 10,000 U.S. and global securities, announced this week its financial results for the fourth quarter and fiscal year 2015. R. Cromwell Coulson, president and CEO of OTC Markets, stated: “Our record revenues in… Read More

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