Tuesday marked a significant day for Revolut as the London-headquartered fintech reported a record pre-tax profit of £438mn for 2023, compared with a loss of £25mn for the previous year, after revenues nearly doubled to £1.8bn.
Perhaps as important was the timing of the results announcement. After waiting until December 2023 to file its accounts for 2022, the company filed its accounts for 2023 well ahead of the statutory September filing deadline, the first time it had done so in three years.