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iFOREX Plans IPO on February 25, 2025, with $48.8 Million Revenue and 1.1x Valuation

INDUSTRIAL IOT

iFOREX anticipates $48.8 million in revenue for 2025, down from $50.1 million in 2024, with an adjusted EBITDA of $4 million. The company aims to list on February 25, 2025, seeking to raise £8.75 million at a valuation of £43.3 million. The funds will be used for automation and market expansion. iFOREX operates under licenses in Cyprus and the British Virgin Islands and plans to secure regulatory licenses in several countries including Australia and the UAE.

iFOREX Plans IPO on February 25, 2025, with $48.8 Million Revenue and 1.1x Valuation
Feb 22, 2026, 6:00 AM

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