London-based multi-asset execution, clearing and liquidity provider, Sucden Financial, today released its latest financial results for the financial year ended on 31 December 2022.
The company highlighted that its total net assets increased 12.7% to £160.7 during the year, compared to £142.6 million in 2021.
Net revenues decreased came in at £69.5 million, slightly below the £69.8 million generated the previous year.
Profit before tax was also mostly the same as last year, at £18.4 million, growing by 0.6%.
Marc Bailey, Sucden Financial CEO, said:
Marc Bailey
Sucden Financial delivered another strong performance in 2022, driven by the hard work and expertise of our people and the positive impact of our ongoing strategic initiatives. Our sustained investment in technology and the diversification of our services means the business is well positioned to deliver value in the year ahead.
