Nexia, the ninth largest global network of independent accounting companies and consulting, we are pleased to announce the financial results for 2019.
In 2019, Nexia’s total revenue from fees amounted to over USD 4.3 billion in the entire network – an increase of 7% compared to 2018.
This increase in global income is a consequence of steady growth throughout the entire network in each region, with North America and Latin America performing particularly well. The increase in fee income in these regions can be attributed to the recruitment of new businesses and healthy organic growth.
In 2019, Nexia continued to expand globally, welcoming new member companies in Brazil, Chile, Egypt, Kosovo, Puerto Rico, Slovenia, Sudan, Switzerland and Ukraine.
Commenting on the results, Kevin Arnold, CEO of Nexia International, says:
“This global revenue increase is great news for Nexia. It is based on the regular and consistent growth we have had over the past ten years,
and reflects the investments of our structures and our ambitions to meet the growing needs of member companies and new clients. ”