CMC Markets Revenue Growth: Key Highlights

CMC Markets Revenue Growth Key Highlights include a 50% increase in trading revenue and higher net profits. The publicly listed online trading platform serving retail and institutional clients (LSE: CMCX), has confirmed its full-year net operating income forecast in its latest trading update for the period from October 1 to December 31, 2024 (Q3 2025).

CMC Markets Revenue Growth for 2025

In today’s trading update, the company confirmed that it remains on track to meet its net operating income expectations for the year. The management also reiterated its confidence in achieving its cost guidance of approximately £225 million, “excluding variable remuneration and one-off charges.”

“We remain confident in meeting the guidance set earlier this year, with net operating income expected to be in line with market consensus, supported by a strong pipeline of B2B partnerships and ongoing product expansion and diversification,” said Peter Cruddas, CEO of CMC Markets.

This provides the first insight into the company’s financial performance since it released the results for the first half of fiscal year 2025 at the end of November. Between April and September, trading revenue surged by 50%, reaching £131.3 million.

The London-based broker reported £19.9 million in investment net revenue and £23.4 million in interest income. These figures contributed to total net operating revenue of £177.4 million, reflecting a 45% increase from the same period last year and closely aligning with the projected £180 million. Moreover, the company’s pre-tax profits for the six-month period reached £49.6 million, slightly under the £51 million target but marking a significant recovery from the £2 million loss recorded during the previous year.

Strategic Update

Earlier this year, the brokerage firm announced several executive changes at its Singapore hub, most of which it finalized in the prior year. Christopher Forbes became Head of Asia, where he now oversees operations across three of the company’s brands: CMC Markets, CMC Invest, and CMC Connect, its institutional division..

“Christopher’s track record speaks volumes about his ability to grow and scale businesses while prioritising client experience,” stated Lord Cruddas.

Additionally, the company appointed Melissa Lwee-Ramsay as Head of Marketing for Asia and Daphne Tan as Business Development Director. Lwee-Ramsay has been with the company since mid-2022, while Tan joined CMC in February 2019.

The company also wrote off its £2.8 million investment in Strike X, a blockchain solutions firm in which it acquired a 33% stake in June 2023. Initially considered a strategic move into the blockchain sector, it was determined that the full value of the investment was no longer recoverable, leading to its complete write-off.

CMC Markets

Founded in 1989, CMC Markets operates across 12 countries, with key markets in the UK, Australia, Germany, and Singapore. The company provides online and mobile trading platforms for over 12,000 financial instruments, including shares, indices, foreign currencies, commodities, and treasuries.

In addition to its contracts for difference (CFDs) and financial spread betting services in the UK and Ireland, CMC offers stockbroking services in Australia, Singapore, and the UK.

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