smartTrade Technologies’ UK software business reported net profit of £3.39 million for the year to 31 March 2026, up 22%, while revenue fell 0.9% to £19.55 million. Finance Magnates reported the figures on 28 October after a Monday filing. Operating profit rose 44% to £4.97 million, cost of sales fell 9% to £13.08 million and administration costs fell 20% to £1.5 million.
The unit develops and licenses FX and fixed-income trading software. UK revenue fell 7.9% to £7.82 million, other European revenue rose 10% to £6.57 million and the rest of the world fell 1.8% to £5.16 million. Average staff increased from nine to 12, with staff costs up 22% to £1.51 million. A £58,178 currency gain replaced a £586,620 loss.
The accounts include a £5.21 million investment in Kace Financial Limited following the kACE derivatives-pricing acquisition. The transaction had an $80 million upfront payment and up to $39 million contingent consideration, according to BGC’s earlier disclosure; it was not a new October purchase. Parent-company fees fell 13% to £10.98 million, while the unit ended owing its parent £13.61 million after being owed £12.56 million a year earlier.
The unit paid a £2.73 million dividend, up 46%, and a further £3.3 million was recommended. Cash rose to £1.83 million from £1.29 million, while net current assets of £3.55 million became net current liabilities of £1.26 million. These are legal-entity accounts, not consolidated financial statements for the whole smartTrade group.
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