Admiral Markets reports a record 2022% growth in first half of 2020
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In the first half of the year, Admiral Markets also set a record growth of new customers with 260% increase since the previous year.
Bogatenkov explained:
Sergei Bogatenkov
Admiral Markets is today a financially secure company, offering its customers a successful partnership. Our focus is on aggressive clients’ growth. As a digitally developed company, one of the reasons for success is definitely our IT developments. The most prominent of these is the new trading application, which provides customers an even more personalized native trading experience than before.
Statement of Financial Position
(in thousands of euros)
30.06.2020
31.12.2019
Assets
Due from credit institutions
25,881
19,757
Due from investment companies
9,533
6,786
Financial assets at fair value through profit or loss
11,915
9,759
Loans and receivables
6,842
3,983
Other assets
1,098
912
Long-term investments
4,180
0
Tangible assets
1,365
1,283
Right-of-use asset
4,447
4,059
Intangible assets
546
630
Total assets
65,807
47,169
Liabilities
Financial liabilities at fair value through profit or loss
133
66
Liabilities and prepayments
2,739
2,349
Subordinated debt securities
1,827
1,827
Lease liabilities
4,584
4,145
Total liabilities
9,283
8,387
Equity
Share capital
2,586
2,586
Statutory reserve capital
259
259
Retained earnings
53,679
35,937
Total equity
56,524
38,782
Total liabilities and equity
65,807
47,169
Read More:
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