FNG Exclusive… Following a stellar 2024 which saw a refocus on professional clients, FCA regulated Black Pearl Securities Limited, which operates the BP Prime online trading brand, has seen a large reversal of fortune in FY2025.

FNG has learned via regulatory filings that BP Prime has seen a 78% drop-off in Revenues in fiscal year 2025 (year ended March 31), with Revenues at BP Prime coming in at £3.5 million, versus £16.0 million the previous year. FY2024’s Net Profit of £849K turned into a Net Loss of £427K in FY2025.

Explaining the change from 2024 to 2025, BP Prime said that during the course of the year the turnover decreased substantially due to the loss of several key clients, and resulted in the company making a loss. The retail product saw a decline in account applications and consequent reduction in profit contribution. The CFD sectors, professional and retail clients, remain highly competitive in the marketplace.

At the year end BP Prime had net assets of £1,827,010 (2024: £2,254,250).

BP Prime underwent a rebrand in 2024, refreshing its logo and launching a new website (bpprime.com).

During FY2025 BP Prime Managing Director Zuzana Hashemi resigned and left the company, as was exclusively reported at the time here at FNG. Zuzana is now CEO of Goldstone Group, also owned by BP Prime controlling shareholder Vladimir Gesperik, which operates several online trading brands including Goldstone Securities, FXGSS and GS Securities.

Black Pearl Securities and BP Prime are controlled by Vladimir Gesperik, a Slovak entrepreneur now resident in the UAE. Mr. Gesperik also operates offshore (Labuan) CFDs broker Golden Brokers.

BP Prime’s FY2025 income statement and balance sheet follow below.