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Home News Sources Leaprate

Admiral Markets reports a record 2022% growth in first half of 2020

[item_description],

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:

  • Admiral Markets plans to issue bonds to raise €10 million additional capital
  • Admiral Markets adds featured trading ideas to its Premium Analytics portal

The post Admiral Markets reports a record 2022% growth in first half of 2020 appeared first on LeapRate.

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