Revolut swung to a £25 million pre-tax loss in 2022 as the London-based fintech counted the cost of its rapid expansion plans.
The firm’s annual accounts were given a clean bill of health by auditors BDO who said IT-related troubles that had made it difficult to verify 2021 revenues had been “resolved.” But BDO continued to issue a qualified opinion on the accounts in light of problems in comparatives with the previous year’s figures.
