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Our customer base is expanding at impressive rates, and our diversified business model continues to fuel exceptional financial performance, delivering revenues of over $2.2bn in 2023 and a record profit before tax of $545m. Revolut posted revenue of $2.2bn for the year ended 31 december 2023, up by roughly 95% compared with 2022, according to a 2 july announcement. Uk challenger revolut has published its annual financial report for the year ending 31 december 2023, in which the company reveals it delivered record profits and revenue growth
The fintech’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023. Revolut recorded a record jump in revenue and profit last year on the back of strong growth in new customers, according to its latest annual results Revolut has published its fy 2023 results, showing a company that is increasingly seeing strong performance
We look at how the company has diversified its revenue, where it is finding growth and the role of interest income.
Our customer base is expanding at impressive rates, and our diversified business model continues to fuel exceptional financial performance, delivering revenues of over $2.2bn in 2023 and a record profit before tax of $545m With a net profit of $428m, 2023 was our third profitable year in a row. Revolut’s 2023 revenues soared by 95% to $2.2bn (£1.8bn) from $1.1bn (£0.92bn) in 2022 Profit before tax reached a record $545m (£438m), with a net profit margin of 19%.
In 2023, revolut’s revenue surged by an astonishing 95%, rising from $1.1 billion in 2022 to $2.2 billion This remarkable growth propelled the company to secure a record profit before tax of $545 million, with a net profit of $428 million. Revolut, the financial super app, has published its revenues for the year 2023, revealing record profits of 545 million dollars The fintech company has been in net profit for three consecutive years.
Revolut’s 2023 financial report is a blockbuster, with revenues set to double from last year’s impressive figures
This brought the total to 38 million in 2023.
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