Axi Financial Services (UK) Limited, the UK unit of CFDs broker Axi, reported a sharp increase in profitability for the fiscal year ended on 30 June 2025. Net profit rose to almost $10.2 million, a 320 per cent increase from the previous year's $2.4 million, supported by strong revenue growth and higher operating income.
Revenue for the period climbed to $59.3 million from almost $38 million a year earlier, representing a year-on-year increase of 56 per cent. Despite a rise in sales and administrative costs, operating profit reached $9 million, up from over $1.4 million in the prior year. Interest income also contributed to the improved bottom line, doubling to almost $4 million.
Client Balances and Business Structure
The company did not specify a direct reason for the revenue surge in its latest Companies House filing. However, it highlighted an increase in client money balances held on its platform. The average month-end client money balance at the end of the fiscal year was $20.6 million, compared with $19.3 million in the previous year. The highest month-end balance recorded during the period was $25.6 million.
The filing further shows that Axi Financial Services (UK) Limited is a direct subsidiary of Australia-based AxiCorp Financial Services. The UK entity also has three subsidiaries related to One Financial Markets, a business Axi acquired in 2018.
Products and New Crypto Service
In the UK market, Axi’s offering is broadly in line with its international portfolio of forex and CFDs, though leverage is limited in accordance with local norms. In addition, the broker provides spread betting to British residents, a tax-free trading product in the country.
During the reporting period, Axi expanded its product range by joining other large CFD brokers such as IG and Pepperstone in offering physical cryptocurrency trading. Earlier in the year, it launched a new service called Axi Buy Crypto, enabling clients to buy, sell, or hold cryptocurrency directly on its platform. This addition complements its existing derivatives-focused business in the UK.
