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OvalX (Previously ETX Capital) Turns Loss in 2021, Client Count Jumps

OvalX (Previously ETX Capital) Turns Loss in 2021, Client Count Jumps

Its revenue took a hit because of Brexit.

Its expenses also increased significantly due to investments.

Moncor (London) Limited, which is operating as OvalX (previously ETX Capital), ended the financial year 2021, ending on December 31, with a pre-tax loss of £9.2 million due to staggering investments and macroeconomic events.

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