HYCM UK Swings to £236,304 Loss in 2025 as Costs Outpace Revenue Growth
HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.
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Abstract:Club Deportivo Saski-Baskonia, a prominent Spanish basketball team, and eToro, a Retail FX broker, have recently announced a sponsorship agreement.

This pioneering association with Baskonia marks eToro's first foray into the world of basketball sponsorships. Demonstrating its commitment to sports sponsorships, eToro has already established partnerships with 17 teams in esteemed leagues such as the English Premier League, German Bundesliga, Italian Serie A, and Rugby Australia. As one of Europe's leading sports sponsors, eToro remains dedicated to forging strategic alliances with sporting communities, elevating awareness of its platform, and showcasing the potential for knowledge and wealth accumulation through investment. Notably, eToro's sponsorship of the UK Premiership Rugby was revealed just a week before this announcement.
Haritz Kerejeta, CEO of Baskonia-Alavés Group, expressed his enthusiasm, stating, “This agreement not only facilitates our international growth but also fills us with pride, as a global company of eToro's stature, with significant sports partnerships, has chosen Baskonia as their first basketball club association.”
Tali Salomon, Regional Manager of Iberia and LatAm at eToro, emphasized the alignment between eToro's social features and the strong sense of community among sports fans. Salomon remarked, “Our trading and investment platform is powered by community and shared knowledge. We are thrilled to sponsor such a prestigious team, both within Spain and internationally, and connect with basketball enthusiasts.”
As part of the sponsorship, eToro's branding will be prominently displayed through various channels. This includes featuring on Baskonia players' uniforms, garnering visibility on LED boards, engaging with fans through social networks and forums, and prominently appearing on court-side banners.
The partnership between eToro and Baskonia heralds an exciting chapter for both entities, combining the passion for basketball with the opportunities provided by eToro's innovative investment platform.
About eToro
eToro is an online forex and CFDs broker that has existed in the industry for many decades. It offers users access to a wide range of financial instruments, including stocks, cryptocurrencies, forex, indices, and commodities, among others. The platform provides a user-friendly interface that caters to both novice and experienced traders alike, making it one of the most popular trading platforms on the market. eToro is a regulated broker and WikiFX has given this broker a decent score of 7.52/10.

About Spains Baskonia
Baskonia, also known as Kirolbet Baskonia for sponsorship reasons, is a prominent professional basketball team based in Vitoria-Gasteiz, Spain. Established in 1952 as Club Deportivo Vasconia, the team has grown to become one of the most successful and respected basketball clubs in Spain and Europe. With a rich history and a passionate fan base, Baskonia has consistently competed at the highest level of Spanish basketball, showcasing exceptional skills and fierce determination on the court. Known for its competitive spirit and commitment to excellence, Baskonia has left an indelible mark on the sport and remains a prominent force in Spanish basketball to this day.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.

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