Marex Group (MRX)
Connects commodity and financial-market clients through clearing, execution, liquidity and hedging.
$72.36
vs last close−0.29 (−0.41%)
In millions of USD, except per-share figures
| In millions | Q4 FY20Dec 2020 | Q2 FY21Jun 2021 | Q4 FY21Dec 2021 | Q2 FY22Jun 2022 | Q4 FY22Dec 2022 | Q2 FY23Jun 2023 | Q4 FY23Dec 2023 | Q2 FY24Jun 2024 | Q4 FY24Dec 2024 | Q2 FY25Jun 2025 | Q4 FY25Dec 2025 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 379 | 413 | 413 | 665 | 345 | 1,161 | 721 | 740 | 2,155 | 500 | 3,130 | 1,177 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 449 | 1,159 | 306 | 612 | 624 |
| Gross profit | 379 | 413 | 413 | 665 | 345 | 1,161 | 721 | 291 | 996 | 194 | 2,518 | 553 |
| 362 | 378 | 378 | 625 | 264 | 1,149 | 837 | 291 | 160 | 93 | 1,458 | 136 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, general & administrative | 138 | 185 | 185 | 0 | 459 | 0 | 799 | 0 | 486 | 0 | 0 | 834 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 39 | 291 | −326 | 93 | 1,458 | −698 |
| Operating income | 18 | 34 | 34 | 40 | 63 | 9 | −117 | 391 | 437 | 101 | 1,060 | 417 |
| 9 | 1 | 1 | −153 | 4 | −305 | 39 | 0 | −141 | 3 | −752 | −891 | |
| Interest income | 10 | 0 | 0 | −15 | 15 | 0 | 0 | 0 | 0 | 0 | 913 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 268 | 202 | 125 | 413 | 0 | 760 | 261 |
| Other non-operating income | 0 | −14 | −14 | −16 | 0 | −4 | −117 | 0 | 0 | 0 | −11 | −3 |
| Income before tax | 27 | 35 | 35 | 55 | 66 | 120 | 76 | 139 | 157 | 104 | 308 | 308 |
| Income tax expense | 6 | 7 | 7 | 12 | 12 | 29 | 26 | 36 | 42 | 27 | 77 | 76 |
| Net income from continuing operations | 22 | 28 | 28 | 44 | 54 | 125 | 51 | 103 | 115 | 77 | 231 | 232 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 22 | 28 | 28 | 37 | 54 | 91 | 51 | 103 | 115 | 77 | 232 | 268 |
| EPS, basic | $0.36 | $0.40 | $0.40 | $0.39 | $0.90 | $1.28 | $0.72 | $1.33 | $1.54 | $2.01 | $0.97 | $2.96 |
| EPS, diluted | $0.36 | $0.40 | $0.40 | $0.39 | $0.90 | $1.28 | $0.72 | $1.33 | $1.39 | $1.91 | $0.92 | $2.96 |
| Weighted average shares, basic | 61 | 71 | 71 | 61 | 61 | 71 | 71 | 72 | 70 | 71 | 71 | 76 |
| Weighted average shares, diluted | 61 | 71 | 71 | 61 | 61 | 71 | 71 | 72 | 78 | 72 | 76 | 76 |
| EBITDA | 4 | 53 | 53 | 294 | 7 | 440 | 11 | 407 | 451 | 109 | 1,099 | 431 |
| Depreciation & amortization | 4 | 5 | 5 | 7 | 7 | 11 | 11 | 15 | 13 | 9 | 28 | 11 |
| EBIT | 0 | 48 | 48 | 287 | 0 | 429 | 0 | 391 | 437 | 101 | 1,071 | 419 |