TradeInformer has had confirmation that revenue at prop firm FundedNext “exceeded $100m” in 2024, according to a source familiar with the matter.
The source did not reveal what the prop firm’s profit for the period was or whether there was meaningful growth in revenues last year.
The figure would fit with the prop firm’s own stated payout history.
Using the Wayback Machine the end of 2024, the company said that it had paid out $96m.
Assuming that figure is actually correct, the firm would likely have to do in excess of $100m in sales to maintain marketing spend and headcount.
How far in excess is an interesting question.
TradeInformer understands that some prop firms are content to run with margins that are in the 10% range, meaning that, if you can keep headcount costs down, actual revenues do not have to be massively more than payout figures.
