VIBHS Financial Ltd reported a significant rise in annual turnover, reaching £358,425 for the year ending March 2025, up from £93,469 the previous year, a 283% increase. Administrative expenses declined to £437K from £514K, reflecting ongoing cost-control efforts.

The UK-based broker, regulated by the Financial Conduct Authority since 2014, offers CFDs on foreign exchange, indices, and commodities through the MetaTrader 4 platform, serving both retail and professional clients. It does not provide equity or cryptocurrency CFDs.

VIBHS Reports Loss Despite Revenue Growth

Despite the revenue growth, the company posted a net loss of £100,708, though this marks a notable improvement from the prior year’s £516,700 loss. Operating loss narrowed to £103,904 from £519,116, aided by a drop in the cost of sales to £25,791 from £98,863. Interest income also edged up slightly to £3,465.

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VIBHS’ comprehensive loss was further reduced due to an £80,000 one-time gain from asset revaluation, bringing the total comprehensive loss to £20,708 for 2025, compared with £516,700 the year before.

The company stated in its filing: “Based on the work we have performed, we have not identified any material uncertainties… that may cast significant doubt on the company’s ability to continue as a going concern.”

VIBHS Struggles Through Difficult Trading Year

Last year, Finance Magnates reported that VIBHS saw its revenue drop by around 82% to £93,469 in the fiscal year ending March 2024, while its net loss widened to £516,700 from £226,047. The decline in cost of sales to £98,863 mirrored the drop in turnover, but the firm reported a gross loss of £5,394. Administrative expenses remained high at £513,722.

The board maintained focus on cost control and business development, with shareholder support reaffirmed. The company also noted resilience amid challenging market conditions.

This article was written by Tareq Sikder at www.financemagnates.com.Retail FXRead More

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