These numbers are almost revolutionary: Nik Storonsky, CEO and founder of the fintech Revolut, presented his annual report on Tuesday – and it is impressive. With consolidated sales of 5.3 billion euros, the company generates a profit of two billion euros. The profit margin is 38 percent. For comparison: US giants like Google, Meta or Microsoft average 20 to 30 percent. Why is Revolut so profitable – and is it sustainable?
