Taurex UK Returns to Profit as Turnover Nearly Triples to £5.6 Million

London-based online
trading company Taurex Limited, formerly known as Zenfinex Limited, returned to
profit in 2025 after a loss-making year, with a sharp increase in turnover
helping to improve its financial performance.

The company generated
a profit of £148,561 for the year ended 31 December 2025, according to its
latest profit and loss account. That compares with a loss of £1.71 million in
2024.

The latest results
follow a period of rapid revenue growth at Taurex. Finance Magnates reported
last year that the
company’s turnover more than doubled to £1.95 million in 2024, although it
remained loss-making. Administrative expenses stood at £3.04 million that year.

In May, Taurex
appointed Matthew
Wright as Global CEO, returning him to the role four years after he stepped
down. Wright had spent the previous year as a Non-Executive Director at the CFD
broker. The company said the Board approached him to take over as CEO, with his
return taking effect immediately.

Taurex Turnover Surges Nearly Threefold

The improvement in
profitability was largely driven by the substantial increase in turnover.

Taurex reported £5.62
million in turnover, compared with £1.95 million a year earlier. The increase
of almost £3.7 million means revenue was nearly three times the level recorded
in 2024.

The stronger revenue
performance also translated into a significant increase in gross profit.

Cost of sales
increased from £619,405 to £959,809 during the year. However, the rise was
considerably smaller than the increase in turnover.

As a result, gross
profit reached £4.66 million, up from £1.33 million in 2024. This represented
an increase of more than £3.3 million over the year.

Moves Into Profit Despite Rising Costs

Taurex also recorded
higher administrative expenses. These rose from £3.04 million to £4.56 million,
an increase of around £1.52 million.

Despite the higher
administrative costs, the increase in gross profit was sufficient to move the
company into operating profit.

Taurex recorded an operating
profit of £100,557 in 2025, compared with an operating loss of £1.71 million in
the previous year. The operating result therefore improved by approximately £1.8
million.

The company also
received a larger contribution from interest receivable and similar income,
which increased from £8,418 in 2024 to £15,050 in 2025.

After accounting for
this income, Taurex reported a pre-tax profit of £115,607, compared with a pre-tax
loss of £1.71 million a year earlier.

A tax credit further
increased the final result. Taurex recorded a £32,954
tax credit for 2025, while no tax charge or credit was reported in the previous
year.

After the tax credit,
the company’s profit for the financial year stood at £148,561, marking an
improvement of roughly £1.85 million from the previous year.

This article was written by Tareq Sikder at www.financemagnates.com.