VIBHS Financial Ltd reported a significant rise in annual
turnover, reaching £358,425 for the year ending March 2025, up from £93,469 the
previous year, a 283% increase. Administrative expenses declined to £437K from
£514K, reflecting ongoing cost-control efforts.
The UK-based broker, regulated by the Financial Conduct
Authority since 2014, offers CFDs on foreign exchange , indices, and commodities
through the MetaTrader 4 platform, serving both retail and professional
clients. It does not provide equity or cryptocurrency CFDs.
Despite the revenue growth, the company posted a net loss of
£100,708, though this marks a notable improvement from the prior year’s
£516,700 loss. Operating loss narrowed to £103,904 from £519,116, aided by a
drop in the cost of sales to £25,791 from £98,863. Interest income also edged
up slightly to £3,465.
Source: Company Informatin, UK
You may find it interesting at FinanceMagnates.com: “Decreasing
Regulatory Burden is a Focus” in Market Overhaul, Says FCA’s Holland.
VIBHS’ comprehensive loss was further reduced
due to an £80,000 one-time gain from asset revaluation, bringing the total
comprehensive loss to £20,708 for 2025, compared with £516,700 the year before.
The company stated in its filing: “Based on the work we have
performed, we have not identified any material uncertainties… that may cast
significant doubt on the company’s ability to continue as a going concern.”
VIBHS Struggles Through Difficult Trading Year
Last year, Finance
Magnates reported that VIBHS
saw its revenue drop by around 82% to £93,469 in the fiscal year ending
March 2024, while its net loss widened to £516,700 from £226,047. The decline
in cost of sales to £98,863 mirrored the drop in turnover, but the firm
reported a gross loss of £5,394. Administrative expenses remained high at £513,722.
The board maintained focus on cost control and business
development, with shareholder support reaffirmed. The company also noted
resilience amid challenging market conditions.
VIBHS Financial Ltd reported a significant rise in annual
turnover, reaching £358,425 for the year ending March 2025, up from £93,469 the
previous year, a 283% increase. Administrative expenses declined to £437K from
£514K, reflecting ongoing cost-control efforts.
The UK-based broker, regulated by the Financial Conduct
Authority since 2014, offers CFDs on foreign exchange , indices, and commodities
through the MetaTrader 4 platform, serving both retail and professional
clients. It does not provide equity or cryptocurrency CFDs.
Despite the revenue growth, the company posted a net loss of
£100,708, though this marks a notable improvement from the prior year’s
£516,700 loss. Operating loss narrowed to £103,904 from £519,116, aided by a
drop in the cost of sales to £25,791 from £98,863. Interest income also edged
up slightly to £3,465.
Source: Company Informatin, UK
You may find it interesting at FinanceMagnates.com: “Decreasing
Regulatory Burden is a Focus” in Market Overhaul, Says FCA’s Holland.
VIBHS’ comprehensive loss was further reduced
due to an £80,000 one-time gain from asset revaluation, bringing the total
comprehensive loss to £20,708 for 2025, compared with £516,700 the year before.
The company stated in its filing: “Based on the work we have
performed, we have not identified any material uncertainties… that may cast
significant doubt on the company’s ability to continue as a going concern.”
VIBHS Struggles Through Difficult Trading Year
Last year, Finance
Magnates reported that VIBHS
saw its revenue drop by around 82% to £93,469 in the fiscal year ending
March 2024, while its net loss widened to £516,700 from £226,047. The decline
in cost of sales to £98,863 mirrored the drop in turnover, but the firm
reported a gross loss of £5,394. Administrative expenses remained high at £513,722.
The board maintained focus on cost control and business
development, with shareholder support reaffirmed. The company also noted
resilience amid challenging market conditions.
