Aetos UK reports just £1,004 in profit for FY 22

Aetos Capital Group (UK) Limited, FCA-regulated arm of Sydney-based provider of FX and CFDs AETOS Capital Group, today unveiled its financial results for the fiscal year ending March 31, 2023, which were characterised by flat metrics in areas ranging from operating income to revenues, according to its latest filing with the UK’s Companies House.

Aetos Capital Group UK Limited is part of AETOS Group, which has a major presence in the Asia Pacific and a growing global presence, with offices around the world including in London and Shanghai. The company’s immediate parent undertaking is Aetos (Europe) Holdings Ltd, a company incorporated in the British Virgin Islands. The ultimate controlling party is Mr. Y. Q. Lu by virtue of his shareholdings in the group.

In terms of the aggregated financial results, by the end of March 2023 Aetos UK put together a mixed YoY performance relative to 2022 figures.

Specifically, Aetos UK witnessed a double-digit increase in its operating revenues, which came in at £399,017 – this figure shows a 12 percent advance from the £356,030 reported back in the same period a year ago.

Meanwhile, administrative expenses increased notably year-on-year, offsetting the higher revenue, coming in at £398,875 relative to £355,787 the year prior.

In terms of its operating income, the figure handle broke even, having yielded a profit of £1,004 compared to an operational profit of £281 for the fiscal year ending March 31, 2022.

Finally, Aetos UK has revealed that its CFDs business is brokered with Aetos Capital Group Holdings Ltd, a fellow group undertaking incorporated in Cayman Island. However, the company confirmed that the trades are being handled accordance with FCA best execution requirements.

During the year, the company received fees amounting to £399,017 (2022: £356,030) from entities connected to the ultimate controller, negotiated on normal commercial terms. As of the year end, Aetos UK owed connected entities worth £41,650 (2022: £35,208), which are interest free and unsecured.