Monzo - First full year of profitability - Annual Report (2024)

We had our first full year of profitability
With growth in all areas of the business


Very encouraging reading. Begs the question - will there ever be a dividend for investors….?:face_with_raised_eyebrow:

probably not until IPO at the least.

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It’d have been pretty terrible if they hadn’t made a profit given interest rates have risen substantially and they still opt to pay none to non-fee paying customers and a pretty low amount to fee paying ones.

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