Revolut expects pre-tax profit to reach $1.4 billion in 2024, up 149% year-on-year due to surge in crypto transactions
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Odaily Planet Daily News According to the annual report released by British fintech company Revolut on Thursday, the company's pre-tax profit reached $1.4 billion in 2024, a year-on-year increase of 149%, partly due to the surge in cryptocurrency trading activities. Its revenue growth was mainly attributed to its wealth department growing by 298% year-on-year, reaching $647 million. Additionally, Revolut's total revenue in 2024 increased by 72% to $4 billion, up from $2.2 billion in 2023. (The Block)
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