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Home Business NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

by Jessica Weisman-Pitts
iStock 1140300355
  • Companies House filings show a 117% increase in pre-tax profits and 70% reduction in administration costs
  • New Leadership Team includes:
  • Jana Zdravecka – Joins as Executive Director – Former CEO of London Capital Group
  • Daniel Skowronski – Joins as director and will work at an Executive Level
  • Lee Holmes – Returns in an executive management role after a stint at Hantec Markets and Exinity
  • First set of results since new shareholders assumed management control 

 

INFINOX Capital Limited (INFINOX), a globally recognised, multi-regulated brokerage firm, reported a 117% YOY increase in pre-tax profits, according to Companies House filings released today.

Founded in 2009 in a Pret a Manger in London, INFINOX has grown exponentially since inception by focusing on client relations and its core offering – MT4 and MT5. Both are part of INFINOX’s IXO Prime brand which offers liquidity and institutional services to brokers, money managers, professional clients and fintech companies. The business has significantly restructured the leadership and operations teams in the last 12 months, achieving a 70% reduction in administration costs.

The new leadership team has been appointed to steer the company towards its strategic growth ambitions, with the transition including the departure of Robert Berkeley and continued leadership of Jay Mawji as CEO. Jana Zdravecka has joined as Executive Director, Daniel Skowronski as Director and Lee Holmes has returned in an executive management role.

INFINOX’s Companies House filings reveal revenues of £3.6m, administrative expenses of £2.4m and overarching profits of £0.9m – a significant improvement on the £5.2m loss from twelve months prior. INFINOX’s net assets for the year ended 31st March 2024 have also risen to £2.4m from £1.4m the previous year.

This is the first set of results since the new shareholders assumed management control of the wider INFINOX group earlier this year. Since then, the shareholders have supported the group considerably, including a significant sponsorship deal with BWT Alpine F1 Team and Alpine Endurance Team. The impact of this support is underlined by group-wide Key Performance Indicators, including a 245% increase in actual revenue and 415% rise in net deposits.

With a successful year behind it, INFINOX plans to reinvest significantly in the business over the next 12 months, especially in its technology infrastructure to enhance client service capabilities.

 

Jay Mawji, the CEO of INFINOX Capital (INFINOX) said: “Our steadfast commitment to doing the simple things very well may seem boring to some – but we see it as vital to our recipe for success. The strong performance from our FCA business and impressive KPIs for the wider group indicate that our strategy is working and with the investment and resources from the new shareholders we are well positioned to achieve our ambitions”

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Jessica Weisman-Pitts

Jesse Pitts has been with the Global Banking & Finance Review since 2016, serving in various capacities, including Graphic Designer, Content Publisher, and Editorial Assistant. As the sole graphic designer for the company, Jesse plays a crucial role in shaping the visual identity of Global Banking & Finance Review. Additionally, Jesse manages the publishing of content across multiple platforms, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.