24th January 2023 : ISX Financial EU Plc (“ISXPlc”) is pleased to present its Q4 Update for the year 2022.
Some key highlights:
- Profit after tax (unaudited) for the year 2022 was €4.1m, increased by 206% compared to the prior year.
- Cash at bank increased by circa €1m, even taking into account investment of A$1.6m into NSX, and early repayment of the convertible note of A$2.3m (€1.5m).
- Our 2022 focus has been in growing open banking revenues from new and existing clients. During 4Q22 open banking volume of €134.4m increased by 103% compared to 3Q22, and increased by 600% compared to the same quarter of prior year.
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