Sucden Financial sees 1,025% jump in profit before tax in 2021

Sucden Financial today released its latest financial results for the financial year ended on 31 December 2021.

Multi-asset execution, clearing and liquidity provider registered increasing revenues and profits during last year.

The company highlighted that its total net assets increased 13.8% to £142.6 during the year, compared to £125.3 million in 2020.

Sucden Financial

Net revenues came in at £69.8 million, 29.5% higher than the £53.9 million generated the previous year.

Profit before tax skyrocketed with 1,025% to £18.0 million, compared to £1.6 million in 2020.

Marc Bailey, Sucden Financial CEO, said:

Marc Bailey, Sucden Financial

Marc Bailey

2021 was a strong year, as we continued to expand our diversified client base and invest in our services. As a result, we are in a solid position for further growth.

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