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Chronicles

The story behind the story

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Revolut publishes delayed 2022 accounts, removing a hurdle in its UK banking license bid, reporting revenue up 45% YoY to £922.5M and a £25.4M pretax loss

- Auditors at BDO say issues for 2021 data have been resolved  — Fintech reports pretax loss; sees $2 billion revenue this year

Bloomberg Aisha S Gani

Discussion

  • @yoramdw Yoram Wijngaarde on x
    Speaking of neo banks: Revolut expects to double its revenues in 2023 to $2B. [image]
  • @ownsomeshares Gordon Gekko on x
    Revolut have just confirmed to the FT revenue for 2023 will actually hit £1.7bn(!). 👀🚀 This represents an 85% increase on the £922.5m figure for 2022 (vs 65% growth in 2022). Revenue growth is accelerating. [image]
  • @sytaylor Simon Taylor on x
    📰 Revolut posted £1.5bn ($1.91bn) of revenue in an unaudited account. Revolut is averaging £125m revenue per month, with “unnamed sources” telling Bloomberg it is adding 300k customers per week and a total of “almost 40m customers globally.” The same reports also put profit at...
  • @ownsomeshares Gordon Gekko on x
    Hats off to the sales person/team at Revolut that has signed up a business with 60,000 employees. 🚀 [image]
  • @revolutapp @revolutapp on x
    Today, we published our 2022 annual report. Want to see what never settling looks like in practice? Here's some of the top highlights. Learn more 👉 https://www.revolut.com/... [video]
  • @ownsomeshares Gordon Gekko on x
    Revolut have just filed their 2022 audited accounts. 🚀 £922.5m revenue 6000 employees £25m loss for the year Growth continues at a fast rate with revenue coming from a plethora of sources - not just interest on cash balances. https://cdn.revolut.com/...