Gaitame Boosts Swiss Parent with Strong Revenue Growth

Gaitame boosts Swiss parent, driving strong revenue growth through rising forex trading volumes and strategic expansion efforts. Compagnie Financière Tradition (SWX: CFT), an inter-dealer broker and operator of a Japanese retail forex trading platform, ended 2024 with a consolidated revenue exceeding CHF 1.05 billion, up from CHF 982.4 million the previous year. This marks a 7 per cent increase in current currencies and 10.4 per cent in constant currencies.

Gaitame Boosts Swiss Parent with CHF 35M Contribution

Including joint ventures, the Group’s consolidated revenue totaled CHF 1.13 billion, compared to CHF 1.05 billion in 2023. Revenue from its inter-dealer broking business (IDB) surged 10.7 per cent to approximately CHF 1.1 billion, while Gaitame, its online forex trading platform for Japanese retail investors, generated CHF 35 million, reflecting a 22.6 per cent rise.

“In 2024, the dynamic macroeconomic environment in which the Group operated was marked by a pivotal shift in monetary policy by central banks in the world’s largest economies,” the Group stated in its official announcement. “These changes, along with ongoing geographical uncertainty, drove volatility in financial markets and helped boost trading volumes across all regions and asset classes. Furthermore, the Group’s organic growth policy continued to stimulate its activity.”

Organic Growth Strategy

The Swiss Group posted a net profit of CHF 115.6 million in 2024, up from CHF 94.4 million in 2023. Operating profit climbed to CHF 125.4 million, reflecting an 18.9 per cent rise in current currencies and 21.6 per cent in constant currencies. Pre-tax profit also saw substantial growth, reaching CHF 153.5 million compared to CHF 127.2 million in the prior year.

Additionally, the Group’s operating margin improved to 11.9 per cent from 10.7 per cent.

Looking ahead, Compagnie reaffirmed its commitment to organic growth, “particularly through targeted recruitment to expand its product portfolio across different geographic regions.” It also plans to continue strategic investments in the digitalisation of its hybrid brokerage services and its data and analytics businesses.

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