Swissquote Ltd, the UK arm of Swiss financial services group Swissquote, widened its annual loss in 2025 as revenuedeclined and administrative costs increased. The results came despiteadditional financial support from its parent company after the year-end.In January 2026,Swissquote Group Holding Ltd injected £5 million into the UK business. A monthlater, the UK's Financial Conduct Authority approved the company's Variation ofPermission application, expanding its regulatory permissions to support new productsand services.Financial statements for the year ended 31December 2025 showed gross turnover fell 39% to £320,921, while interestreceivable and similar income dropped 53% to £188,670.Administrativeexpenses increased 17% to £2.27 million, widening the pre-tax loss by 52% to£1.76 million. A prior-period tax adjustment reduced the net loss to £1.70million.Net Assets andClient Money DeclineThe balance sheet alsoweakened during the year. Shareholders' funds fell 40% to £2.48 million, whileclient money held in segregated accounts declined 51% to £2.90 million. Cashand cash equivalents stood at £4.91 million. Trade and otherpayables totalled £3.52 million, including £2.07 million owed to groupundertakings.Software InvestmentContinuesThe companycapitalised £764,432 in software development costs for its GIA, ISA and SIPPtrading platforms. The projects remained under development at the balance sheetdate and had not yet been amortised. Its right-of-use assetbecame fully depreciated during the year, while lease liabilities were fullysettled.Staffing Costs RiseSwissquote UK employednine people during 2025, unchanged from a year earlier. Staff costs increasedto £1.22 million, while directors' remuneration rose to £548,711. Share-basedcompensation expense declined to £36,971.No dividend was paidor proposed for the year.The company said it isundertaking a restructuring programme "to return the business to profitability". Swissquote UK operateson a matched-principal basis with Swissquote Bank Ltd, with all client tradesmatched back-to-back. This article was written by Tareq Sikder at www.financemagnates.com.