
MultiBank Group Records Exceptional Financial Results with Revenue of $361.8 Million and EBITDA of $284.9 Million in 2024
- Revenue surpasses $361 million in 2024, marking an 18% year-on-year increase
- EBITDA surged by 24.5% to reach $284,909,572 in 2024.
- Net income exceeds $264 million, reflecting 16% growth
Dubai, UAE – April 6th 2025: MultiBank Group, the world's largest financial derivatives institution headquartered in Dubai, has achieved a record-breaking financial performance in 2024, reinforcing its status as a global industry leader.
According to the latest audited financial statements, MultiBank Group’s revenue surged to $361,874,865, an 18% increase from $306,636,714 in 2023. Meanwhile, EBITDA skyrocketed by 24.5% to reach $284,909,572 compared to $228,792,229 in the previous year. This milestone highlights the Group’s global growth, technological-advancements, and its commitment to delivering exceptional value to its worldwide client network.
The Group also reported a 16% increase in net income, rising from $226,837,355 in 2023 to $264,054,898 in 2024, highlighting strong operational efficiency and sustained profitability.
In his comments, Naser Taher, Founder and Chairman of MultiBank Group, said: 'Our exceptional financial results are a testament to our relentless pursuit of excellence, innovation, and client trust. As we continue to expand globally, we remain committed to providing world-class financial solutions that empower traders and institutions worldwide. We look forward to building on this success in the years ahead.'
Managing an impressive daily trading volume of over $25.6 billion, MultiBank Group serves a vast and diverse clientele of more than 2 million traders across 100 countries, and is licensed by 17 financial regulators globally. The group is setting new industry standards with its user-friendly online trading platforms, leveraging state-of-the-art technology, while showcasing its commitment to providing cost-effective trading solutions and leading-edge financial products.
ShareHome >> Business and Economy Section
NHRI Organizes Ninth Knowledge Lab on Workers' Rights
Mercato Wows Visitors with Circus Spectacles, Iconic Slide, and Weekly Cash Prizes This DSS!
RTA Calls on Motorists to Perform Routine Vehicle Checks and Servicing
Dubai Municipality launches ‘Future Talents' programme to train 200 students in future skills
Cigna Healthcare Becomes First Health Partner for UAE Startup Ecosystem Ignyte
FDF hosts dialogue forum to showcase services in Al Khatim
Dubai Open Tennis Academies Championship Concludes with Resounding Success
UAEREP's 12th Rain Enhancement Hub Webinar Session Explores Eco-Friendly Cloud Seeding Technologies
DSS 2025 Unveils AED 20 Million In Prizes With Citywide Raffles and Retail Promotions
Emirates SkyCargo doubles down on providing exceptional customer experience
The Emirates A350 begins regular operations to Muscat
Zoho Strengthens Support for UAE's Tech Sector By Partnering with DART
Dubai Launches Landmark Initiative Further Enabling First-Time Homeownership
SalamAir Releases 2nd Quarter (Q2) On-Time Performance Data
'School of Life' Brings a Summer of Enriching Experiences to Public Libraries