ISX Financial EU Plc Reports Strong Profit Growth and Capital Position for H1 2025
ISX Financial EU Plc (ISXX), a leading provider in regulated transactional banking and real-time payment solutions, recently announced its unaudited financial results for the first half of 2025, concluding on June 30, showcasing profitable growth and a strengthened capital position. The firm reported a 6% increase in net profit after taxes, amounting to €12.3 million, along with a 5% rise in revenues to €27.7 million, primarily supported by open banking services and an expanding customer base.
The company's operating expenses grew by just 3%, reaching €15.6 million, reflecting their commitment to investing in personnel and technology. Additionally, its net assets surged by 29% to €54.1 million, with equity also rising to €44.7 million. This substantial financial growth contributed to an operating capital increase to €39.4 million, while liabilities decreased by 8% to €181.4 million.
According to Ajay Treon, the Chief Financial Officer of ISXX, the first half of 2025 has demonstrated the strength and scalability of their business model. Despite navigating a dynamic market environment, the company achieved profitable growth while continually investing in their platform and staff. Treon highlighted the positive reception of their strategic focus on low-cost, SEPA real-time transfers among clients and emphasized that their financial discipline positions them well for long-term growth.
ISXX's growth trajectory is evident, driven by an increasing demand for open banking payment solutions from both new and existing customers. The company is actively shifting from traditional card acquiring to more efficient account-to-account (A2A) real-time payments through their proprietary product, PaidBy®. Moreover, the limited increase in operational costs can be primarily attributed to investments in their workforce and IT infrastructure. During this period, ISXX recorded a gain of €0.9 million from the fair value of its NSX shareholding, while impairments were maintained at a lower level.
The balance sheet remains robust, as ISXX reported higher cash and investment balances alongside reduced liabilities. These enhancements have significantly improved their capital base and operational flexibility. Furthermore, ISXX continues to invest in core technology and compliance infrastructure to support scalable growth across European and global markets. In the latter half of 2025, the company plans to strengthen its central bank connections, enhance its real-time transfer capabilities, and fortify its regulatory position concerning upcoming regulations like PSD3, FIDA, and DORA.
Nikogiannis Karantzis, the company's Chief Executive Officer, also shared that ISXX has submitted its prospectus to the Cyprus Securities and Exchange Commission (CySEC) for approval to list on the Cyprus Stock Exchange. As a result of this submission, the company will adhere to the regulatory requirements for listing, which means they will no longer issue quarterly reports, instead complying with obligations for timely disclosures, half-year financial reports, and annual reports.
To explore ISX Financial EU Plc's interim results for the first half of the year, interested parties can access the report via their official website or through the provided link. With their headquarters based in Nicosia, ISX has established itself as a significant player in the European Economic Area, holding a license as an e-money institution from the Central Bank of Cyprus and regulated by the Financial Conduct Authority in the UK. Combining financial strength with regulatory resilience and innovation, ISX aims to deliver value to businesses and communities across Europe and beyond. Nikogiannis Karantzis brings over 30 years of experience in various secure digital enterprises, solidifying ISX's position as a trusted provider in the financial technology landscape.
The company's operating expenses grew by just 3%, reaching €15.6 million, reflecting their commitment to investing in personnel and technology. Additionally, its net assets surged by 29% to €54.1 million, with equity also rising to €44.7 million. This substantial financial growth contributed to an operating capital increase to €39.4 million, while liabilities decreased by 8% to €181.4 million.
According to Ajay Treon, the Chief Financial Officer of ISXX, the first half of 2025 has demonstrated the strength and scalability of their business model. Despite navigating a dynamic market environment, the company achieved profitable growth while continually investing in their platform and staff. Treon highlighted the positive reception of their strategic focus on low-cost, SEPA real-time transfers among clients and emphasized that their financial discipline positions them well for long-term growth.
ISXX's growth trajectory is evident, driven by an increasing demand for open banking payment solutions from both new and existing customers. The company is actively shifting from traditional card acquiring to more efficient account-to-account (A2A) real-time payments through their proprietary product, PaidBy®. Moreover, the limited increase in operational costs can be primarily attributed to investments in their workforce and IT infrastructure. During this period, ISXX recorded a gain of €0.9 million from the fair value of its NSX shareholding, while impairments were maintained at a lower level.
The balance sheet remains robust, as ISXX reported higher cash and investment balances alongside reduced liabilities. These enhancements have significantly improved their capital base and operational flexibility. Furthermore, ISXX continues to invest in core technology and compliance infrastructure to support scalable growth across European and global markets. In the latter half of 2025, the company plans to strengthen its central bank connections, enhance its real-time transfer capabilities, and fortify its regulatory position concerning upcoming regulations like PSD3, FIDA, and DORA.
Nikogiannis Karantzis, the company's Chief Executive Officer, also shared that ISXX has submitted its prospectus to the Cyprus Securities and Exchange Commission (CySEC) for approval to list on the Cyprus Stock Exchange. As a result of this submission, the company will adhere to the regulatory requirements for listing, which means they will no longer issue quarterly reports, instead complying with obligations for timely disclosures, half-year financial reports, and annual reports.
To explore ISX Financial EU Plc's interim results for the first half of the year, interested parties can access the report via their official website or through the provided link. With their headquarters based in Nicosia, ISX has established itself as a significant player in the European Economic Area, holding a license as an e-money institution from the Central Bank of Cyprus and regulated by the Financial Conduct Authority in the UK. Combining financial strength with regulatory resilience and innovation, ISX aims to deliver value to businesses and communities across Europe and beyond. Nikogiannis Karantzis brings over 30 years of experience in various secure digital enterprises, solidifying ISX's position as a trusted provider in the financial technology landscape.
Topics Financial Services & Investing）
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