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2020-12-09
News FOREX.com
FOREX.com Parent Company Releases 4Q2020 Financial Statement

FOREX.com Parent Company Releases 4Q2020 Financial Statement

StoneX Group Inc. has officially released its financial results for the fourth quarter of 2020. Operating revenue was $342.1 million, an increase of 19%. At the same time, the company's net income reached $77.4 million (an increase of 185%)

Sean M. O'Connor, CEO of StoneX Group Inc., said: “Despite the coronavirus pandemic and its impact on the economy and markets in general, 2020 was a successful year for our company. We have achieved record results in almost all business areas, completed several deals, including the major strategic acquisition of Gain Capital Holdings, and re-branded the company”.

According to O'Connor, the company has good opportunities and chances for further development. Against the background of the ongoing consolidation of the industry and the high rates of its development, the company is ready to improve the list of services and quality of customer service. The parent company FOREX.com plans to submit its annual report to the SEC and also post it on its official website.

To know all the pros and cons of the broker, as well as customer feedback on its work, read the Forex.com expert review on the Forex-Up portal.

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