XTB makes nice recovery in Q3-2024 with Revenues up 23%, Profits rise 27%
Trading volumes at XTB averaged $232 billion monthly in Q3-2024, up 12% from $207 million per month in Q2-2024.
Trading volumes at XTB averaged $232 billion monthly in Q3-2024, up 12% from $207 million per month in Q2-2024.
XTB will also unveil a new tagline, “Where your money works,” as part of the marketing campaign centered around Zlatan.
The share sale took Jakub Zablocki’s holdings in XTB down below 50% for the first time, from 50.9% prior to the sale to 43.78% currently.
Jakub Zablocki plans to sell 8.4 million XTB shares, which would take his stake in XTB from 50.9% currently to 43.78%.
In Q2 2024 XTB brought in 102,569 new clients, down from 129,747 in Q1.
XTB gets about 11% of its Revenues from Spain based clients (2023 data), making Spain one of XTB’s most important markets.
Spain accounted for more than 11% of XTB’s Revenues in 2023, one of its most important geos after its own home market in Poland.
Poland based Retail FX and CFDs brokerage group XTB SA (WSE:XTB) has followed up a record 2023 with an even […]
The share price for the sale was at a fairly steep (12.3%) discount to XTB’s closing price on Monday of PLN 46.78.
Poland based Retail FX and CFDs brokerage group XTB SA (WSE:XTB) closed out a record year for both Revenues and […]