Business

Global Laboratory Balances and Scales Market to Witness High Revenue in the Next Decade

Published

6 years ago

June 26, 2019

In marketing research carried out by FutureMarketInsights.com, it has been seen that global laboratory balances and scales market is expected to witness a huge revenue growth in the time span of 2017-27. According to the research results, there will be a growth of CAGR 5.4% in the forecast period of 2017-27. Currently, the laboratory balances and scales market was valued at US$ 1270 Mn in 2017 and it will reach the mark of US$2129 Mn by 2027.

The use of laboratory balances and scales in the determination of density, dynamic weighing, and formulation at a mass rate will contribute to the increased revenue growth. Pharmaceuticals, medical, and biotechnology are some of the sectors in which laboratory balances and scales are used on a large scale. The high adoption of such items in end-use industries and the stricter regulatory compliance are the other reasons for the high growth forecast for this market.

Due to their high sensitivity, microbalances or ultra-microbalances give results with high precision which is why these items are utilized in weighing samples in micrograms. The availability of micro-analytical laboratory balances, like Sartorius analytical balance, has led to their increasing use in the pharmaceutical and medical industries. They are highly used in product testing and quality assurance laboratories. In addition to this, these are adopted in mining industries and chemical laboratories due to their high requirement in measuring powdered substances.

All the popular manufacturers in this market are focusing on launching up-graded laboratory balances and scales for customized use. And the expenditure on research and development in various industries such as pharmaceuticals, medical and biotechnology is playing a crucial role in contributing to the high growth of laboratory balances and scales market.

Business

Black Banx Group — Third Quarter 2025 Results

Published

2 days ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.