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Admiral Markets’ Net Trading Income Surges 255% in First Half of 2022

From financemagnates.com

Estonia-based Admiral Markets AS, which operates as Admirals, recorded a 255% increase in its net trading income in the first half (H1) of 2022. The income skyrocketed from €9.1 million recorded in the first half of 2021 to €32.3 million within the same period this year. This is according to data shared by the online trading provider in its unaudited interim report for January to June 2022. The report shows that while Admiral Markets’ net profit surged 1512% to 23.3 million in the period (as against 1.6 million in H1 2022), earnings before interest, taxes, depreciation and amortization (EBITDA) climbed a further ... (full story)

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