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Clear out junk files and repair common Windows errorsFree Scan →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Revolut reported £790 million in net profit for the year ended 31 December 2024—about $1 billion in the company’s announcement. It also reported £3.1 billion in revenue. The separate $45 billion figure was an implied valuation from a 2024 secondary share sale, not a public-market value or an IPO valuation. Revolut announced the results on 24 April 2025; its later 2025 annual report has since updated the company’s performance and valuation context.
What Revolut reported for 2024
These are group-level results for Revolut Group Holdings Ltd, not figures for an individual subsidiary. Revolut’s announcement covered the year ended 31 December 2024.
| Measure | 2024 result | What it means |
|---|---|---|
| Revenue | £3.1 billion (approximately $4.0 billion) | Income before expenses; not profit. |
| Net profit | £790 million (approximately $1.0 billion) | Profit after expenses and other applicable deductions. |
| Profit before tax | £1.1 billion (approximately $1.4 billion) | A pre-tax measure, distinct from net profit. |
| Net profit margin | 26%, compared with 19% in 2023 | Net profit as a share of revenue. |
| Customers | 52.5 million, up 38% during 2024 | Revolut’s reported customer base. |
The figures are from Revolut Group Holdings Ltd’s 2024 annual report and Revolut’s 24 April 2025 results announcement. The announcement gives rounded dollar equivalents; the reported results are in pounds.
Why the $45 billion figure is not profit or a public-market value
The $45 billion figure was the implied company valuation in a secondary share sale completed in 2024. A secondary sale involves existing shares changing hands; the valuation is inferred from the transaction price. It is not revenue, profit, an IPO valuation, or a stock-market capitalization. Revolut was not being valued through a public-market share price in that transaction.
#1 Best Overall
- CREDIT CARD PROTECTIVE CASE: Lauspuck credit card holder is made of aluminum shell and ABS plastic material, with built-in RFID shielding technology, effectively protecting your credit card, ID card, debit card, and driver's license from illegal scanning and information theft, ensuring the security of your personal information during travel or daily activities
- SLIM COMPACT: Our Lauspuck aluminum card holder wallet measures 4.3 x 2.7 x 0.8 inches and can easily fit into pockets and bags, making it perfect for travel and business. The smooth surface and rounded design provide a good tactile sensation, making it compact and easy to grip.
- LARGE CAPACITY CARD ORGANIZER: Pocket credit card holder with 7 accordion slots for convenient storage of credit cards, ID cards, business cards, and cash notes, perfect for daily use or travel.
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- EXQUISITE GIFT: Lauspuck Women's Mini Wallet Credit Card Holder is an excellent gift choice for various holiday occasions such as Valentine's Day, Mother's Day, Christmas, birthdays, etc. We have cute, interesting, elegant, and minimalist style patterns to choose from, meeting everyone's preferences.
What Revolut said drove growth
Revolut attributed its growth to adding customers, deeper customer engagement, and broader use of retail and business products. The company said revenue increased across all its revenue streams. These are Revolut’s explanations of its results, rather than independently established causal findings.
CEO Nik Storonsky said in the 24 April 2025 announcement: “2024 was a landmark year for Revolut. We not only accelerated our customer growth, welcoming nearly 15 million new users globally, but critically, we also saw customers engaging more deeply by adopting a wider range of our services across both our retail offering and Revolut Business.”
Rank #2
- WHAT YOU SEE IS WHAT YOU GET: The transparent front allows you to see the plastic card contained in the credit card sleeves. No more searching to quickly have the right card at hand.
- EASY TO USE: easy handling due to thumb cutout for easy removal of the debit card or rfid card. In addition robust plastic in frosted transparent (95%).
- FITTING EXCATLY: The card protector sleeves are suitable for all common cards with the dimensions 3.37" × 2.13". Thus also suitable for wallets for women and men and credit card holders with suitable slot.
- TESTED SECURITY: Reliable RFID protection against data theft despite transparent front of the card protectors! Tested and certified by the TUEV (german product certification organization) in the laboratory. A commercially available (passive) RFID blocker card cannot receive this certificate.
- APPLICATION: As long as the insurance card or business card is stored in the credit card covers (top load), it is protected and shielded against readout. To pay, remove the credit card from the rfid card sleeves. Now the NFC function can be used and the card can interact with the cash terminal. See also our video, which you can find in the product photos.
How the picture changed in 2025
Revolut’s 2025 annual report, published after the 2024 results, reports £4.5 billion in revenue and £1.7 billion in profit before tax for 2025. It also describes a subsequent fundraising process at an implied $75 billion valuation. The profit figures are different measures—2025 profit before tax and 2024 net profit—so they should not be compared as if they were the same metric. The $75 billion figure likewise reflects a later fundraising process, not the 2024 secondary sale. See Revolut Group Holdings Ltd’s 2025 annual report.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Which Revolut accounts these figures describe
The headline figures are consolidated group results for Revolut Group Holdings Ltd. They should not be confused with the accounts of separate legal entities such as Revolut Ltd or Revolut Bank UK Ltd. Companies House lists filings for individual Revolut entities in its filing history; those subsidiary filings are not a substitute for the group’s consolidated annual results.
Quick Recap
Best Value
- Material: Head layer genuine leather, soft, breathable comfortable. The lining was made of polyester, smooth and durable.
- Size: 10.6cm*7.6cm*1cm, great fit for use. It is easy to put into your front/back pockets.
- Capacity: 1 display window, 5 card slots and one pocket for about 40 business cards.
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Rank #4
- Expandable pockets that neatly organizes cards and bills
- Outer shell made out of aluminum
- Features a click button for easy opening and closing
- Helps prevent identity theft by blocking RFID scanning of your credit cards
- Note: Has a water resistant design but cannot be placed in water
Rank #3
- RFID Blocking Protection: Designed to help protect RFID‑enabled cards from unauthorized scanning and reduce the risk of electronic data theft.
- Organized Multi‑Slot Storage: Includes 20 credit card slots (10 double sided pouches) and two more pages 6 small card cells for memory card like CF cards and TF cards, keeping cards well organized!
- Premium Materials: Holder is made of soft PU leather, heavy duty PVC and RFID material cloth build inside the leather for reliable daily use.
- Magnetic Closure Design: Magnetic closure keeps cards securely inside the holder while allowing quick and easy access.
- Compact & Portable Size: 4.44"x2.87"x0.76" (11.3cmx7.3cmx1.95cm), suitable for carrying in a wallet, bag, or pocket.
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