BetaThis is a new service - help us to improve it by providing feedback.

Image for 'Revolut records annual loss but revenue grows fivefold'

Challenger banking service Revolut has reported its annual results for the year 2017: the revenue has increased fivefold to £12.8m and the customer base has trebled to 1.3m, but it made an overall loss of £14.8m.

Read full article
Image for 'Revolut records annual loss but revenue grows fivefold'

1 comment

2 months ago

Well we always used to say Turnover is vanity, profit sanity and cash flow reality. Maybe this is different with VC?