VIBHS Financial Ltd reported a significant rise in annual turnover, reaching £358,425 for the year ending March 2025, up from £93,469 the previous year, a 283% increase. Administrative expenses declined to £437K from £514K, reflecting ongoing cost-control efforts.

The UK-based broker, regulated by the Financial Conduct Authority since 2014, offers CFDs on foreign exchange, indices, and commodities through the MetaTrader 4 platform, serving both retail and professional clients. It does not provide equity or cryptocurrency CFDs.

VIBHS Reports Loss Despite Revenue Growth

Despite the revenue growth, the company posted a net loss of £100,708, though this marks a notable improvement from the prior year’s £516,700 loss. Operating loss narrowed to £103,904 from £519,116, aided by a drop in the cost of sales to £25,791 from £98,863. Interest income also edged up slightly to £3,465.

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VIBHS' comprehensive loss was further reduced due to an £80,000 one-time gain from asset revaluation, bringing the total comprehensive loss to £20,708 for 2025, compared with £516,700 the year before.

The company stated in its filing: “Based on the work we have performed, we have not identified any material uncertainties... that may cast significant doubt on the company’s ability to continue as a going concern.”

VIBHS Struggles Through Difficult Trading Year

Last year, Finance Magnates reported that VIBHS saw its revenue drop by around 82% to £93,469 in the fiscal year ending March 2024, while its net loss widened to £516,700 from £226,047. The decline in cost of sales to £98,863 mirrored the drop in turnover, but the firm reported a gross loss of £5,394. Administrative expenses remained high at £513,722.

The board maintained focus on cost control and business development, with shareholder support reaffirmed. The company also noted resilience amid challenging market conditions.