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Restructuring of TIOmarkets' UK Arm Resulted in a 2022 Revenue Drop

Restructuring of TIOmarkets' UK Arm Resulted in a 2022 Revenue Drop
The British arm of TIOmarkets, TIO Markets UK Limited, went under "consolidation [and] restructuring" in 2022, pushing its yearly revenue down to $34,171. In the previous year, the company reported a revenue of $150,961. TIOmarkets UK Broke Even in 2022The cost of sales of the UK-based subsidiary, on the other hand, increased to $197,131 from $145,935. Its administrative costs also came in at $807,729, higher than $446,096. Additionally, The UK company generated $970,645 from other operating in... Read More
Posted: Sep 8 2023, 07:49
Author Name: financemagnates
Views: 102156

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