TechFinancials announces a 42% YoY decrease in revenues in FY18 LeapRate

TechFinancials converts loan into Footies

June 20, 2019 BY Valentina Kirilova

TechFinancials announces a 42% YoY decrease in revenues in FY18

Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) announced earlier this week its results for the year ended 31 December 2018, and as expected, they don't look good at all. Financial Highlights Revenues of US$7.8 million (2017: US$13.4 million) a decrease of 42% Blockchain trading technology revenues of US$3.8 million (2017: US$0.24 million) increased…

July 04, 2017 BY LeapRate Staff

TechFinancials revenues plummet 39% in 1H-2017 as binary options squeeze hits

Binary options platform and brokerage group TechFinancials Inc (LON:TECH) has issued its Trading Update for the first six months of 2017 and, not unexpectedly, did not contain much good news. As the binary options sector has been hit hard both by regulators worldwide, including TechFinancials' home country of Israel, and by a lot of negative press…

techfinancials optionfair binary options

September 12, 2016 BY LeapRate Staff

TechFinancials reports record Revenues and improving results at Binary Options brokerage OptionFair in 1H-2016

TechFinancials also launched a Contracts for Difference (CFDs) platform during the year.

September 17, 2015 BY Maria Nikolova

TechFinancials stays downbeat on FY 2015 prospects, as OptionFair weighs on results

The company confirms that it will not be able to meet profit and revenue forecasts for the year to December 31, 2015, as its binary options brands OptionFair fails to deliver anticipated level of business.

August 21, 2015 BY LeapRate Staff

TechFinancials shares drop 25% after Revenues disappoint for first half 2015

Binary platform provider and operator TechFinancials Inc (LON:TECH) saw its shares tumble more than 25% Friday after a Trading Update revealed disappointing Revenues for the first half of 2015. TechFinancials - which sells a turnkey binary options platform solution and also operates its own regulated binary options brokerage OptionFair - said that first half revenues…

March 03, 2015 BY LeapRate Staff

TechFinancials IPO finalized, all the prospectus details - LeapRate Exclusive

How much money is TechFinancials raising? And at what valuation? What are TechFinancials Revenues? Earnings? How important is lead client 24option.com to TechFinancials? We reveal all inside.

Tag: TechFinancials revenues