HYCM UK 2025 Results: Higher Expenses Push Firm Into Loss

HYCM Capital Markets (UK) Limited has released its financial results for the year ended 31 December 2025, reporting a shift to a net loss as higher administrative expenses weighed on performance, even as revenue held relatively steady.

Turnover for 2025 came in at £981,137, compared with £950,775 in 2024, reflecting a modest year-on-year increase. However, administrative expenses rose sharply to £1,304,859 from £580,908 the previous year. This increase pushed the firm to an operating loss of £323,665, versus an operating profit of £373,024 in 2024.

HYCM UK 2025 Results: Higher Expenses Push Firm Into Loss

After accounting for interest income of £7,820, the company reported a pre-tax loss of £315,845. A tax credit of £79,541 partially offset this, resulting in a net loss of £236,304 for the year. This compares with a net profit of £1.25 million recorded in 2024, when results were supported by fair value gains.

On the balance sheet, total equity stood at £3.42 million at year-end 2025, down from £3.66 million a year earlier. Cash at bank and in hand increased to £5.12 million, up from £2.91 million, while debtors declined to £1.64 million from £1.87 million. Creditors due within one year rose to £3.34 million, compared to £1.13 million in 2024.

Client funds held by the company increased to £398,850 at the end of 2025, from £246,428 a year earlier.

The 2025 results follow a management buyout completed in 2024, led by controlling shareholder Stavros Lambouris alongside former partner Roger Bach.

The firm continues to operate as an execution-only broker, offering contracts for difference (CFDs) across foreign exchange, commodities, and other derivatives for retail and professional clients. Its income is generated through agency fees earned for providing these services on behalf of another group entity.

Also, stay updated with the Latest Stock Broker News.