Carl Jani, Co-CEO outlines Argentex’s business model, their latest trading and the strategy going forward.
Interesting to note trading in March - with CV19 panic took away from H1, further added to by 'decision paralysis', but there is an economic necessity for clients do foreign exchange transactions, so those revenues don't go away, they're just delayed. The second half should be strong. Video & podcast.
Introduction – 00:18
What we do – 00:50
How we work – 01:44
Addressable market – 03:58
Clients – 05:43
Performance – 06:35
Interim results – 06:55
Income statement – 08:12
Balance sheet – 09:26
Cash – 10:07
H1 in context – 11:10
H1 in detail – 13:05
London HQ – 17:53
Overseas expansion – 18:30
Summary – 19:17
Outlook – 19:46
Q&A – 20:32
Argentex Group PLC is a United Kingdom-based company that is a provider of foreign exchange (FX) services. The Company operates as a Riskless Principal broker for non-speculative spot, forward foreign exchange and structured financial derivative contracts. The Company delivers tailored foreign exchange advisory and execution services to a global client base consisting principally of institutions, corporates and high net worth private individuals.