Trading Software Maker smartTrade’s UK Arm Lifts Profit 22% on Flat Revenue
By Damian Chmiel
AI summary of the source article
smartTrade Technologies' UK subsidiary raised net profit 22% to £3.39 million in the year to March 31, 2026, despite revenue dropping 0.9% to £19.55 million.
Key facts
- smartTrade's UK unit reported a 22% rise in net profit to £3.39 million on £19.55 million in revenue.
- The accounts show a £5.21 million investment in Kace Financial Limited following the purchase of kACE from BGC Group.
- Dividends increased 46% to £2.73 million, while operating profit rose 44% to £4.97 million.
Source excerpt · Finance Magnates
smartTrade Technologies' UK subsidiary raised net profit 22% to £3.39 million in the year to March 31, 2026, while revenue slipped 0.9% to £19.55 million. The London-based software unit filed the full-year accounts with Companies House on Monday. They are the first accounts to show smartTrade's purchase of kACE, the derivatives pricing business it agreed to buy from BGC Group for up to $119 millio…