Spreadex 2016 profit hits £21.9 million – LeapRate Exclusive


LeapRate Exclusive… Last time we shared Spreadex annual report was 2015 and the comment was that the year was good for the shareholders of Spreadex.com. Well, since we’re about to share their latest report, this year good should be replaced with great.

UK sports and financial spreadbetting company Spreadex Limited, which has a May 31 financial year end, has completed the year with a profit of £21.9 million. The 2016 profit seems extremely good compared to last year’s £17.7 million.

Spreadex

Total net assets stood at £44.7 million.

Shareholders of Spreadex were paid out more than £25 million in dividends from the company over the past year.

Copies of Spreadex’s income statement and balance sheet follow:

Spreadex income 2016

Spreadex Balance sheet 2016

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Spreadex 2016 profit hits £21.9 million – LeapRate Exclusive

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