Revolut Group 2023 Annual Report and Consolidated Financial Statements

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Revolut released its Annual Report for the year ending 31 December 2023 on 2 July 2024 (GMT).

The following is a summary of the report.

Revolut’s revenues surpass $2.2bn, with record profits of $545m in 2023

• Group revenues increased by 95% to $2.2bn (£1.8bn), from $1.1bn (£0.92bn) in 2022
• Profit before tax reached $545m (£438m); net profit margin was 19% 
• Revolut added 12 million new customers globally last year, totalling 38m in 2023 and reached 45 million in June 2024
• 38% increase in customer balances to $23bn (£18.2bn) and 41% increase in paid subscriptions

Find the Revolut Ltd annual report and press release (in English) below:

• Annual report webpage
• Annual report PDF
• Press release