The Czech firm FTMO, which offers with overseas capital buying and selling, elevated its gross sales by a fifth final yr to nearly 5 billion crowns. Its EBITDA working revenue rose by half a billion to 2.3 billion crowns. The corporate made the announcement in a press launch on July 29.
The variety of open buying and selling accounts on the FTMO platform elevated by as much as a 3rd year-on-year and exceeded 2.3 million in 2023. FTMO purchased conventional proprietary buying and selling firm Quantlane final yr and purchased advertising company eVisions earlier this yr. Progress into a bunch of corporations in associated industries is the objective of the founders for the next years as effectively.
“Final yr was essential for us for a number of causes, however the primary one is clearly the transition from an organization coping with one enterprise to a bunch combining varied industries in synergy. We think about it a terrific success that we had been capable of additional increase our providers on the platform and develop when it comes to the variety of customers throughout this time,” mentioned FTMO co-founder Otakar Šuffner.
“Attaining report turnover and revenue is essential for us primarily from the viewpoint of wholesome funds and the chances that this progress represents for the continued growth of the group. The imaginative and prescient, which might be near the ultimate one, is to make FTMO a spot the place each aspiring dealer or particular person eager about buying and selling can discover what they want,” added Šuffner.
“We’re engaged on professionalizing inner processes and have a whole lot of plans to take the platform even additional. The whole holding will even obtain extra consideration, for which we’re nonetheless searching for fascinating entities that might synergistically match into our plans, as was the case with Quantlane and eVisions,” added co-founder Marek Vašíček.
FTMO is a know-how firm targeted on creating expertise and data for buying and selling within the monetary markets. Since its launch, nearly two million individuals from everywhere in the world have tried the platform in each paid and unpaid modes.
