CMC Markets (CMCX)

Sector:

Financials

Index:

FTSE 250

227.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 317.00
  • 52 Week Low: 211.50
  • Currency: UK Pounds
  • Shares Issued: 279.82m
  • Volume: 29,113
  • Market Cap: 635.18m

CMC Markets FY net operating income at top end of guidance

By Iain Gilbert

Date: Friday 08 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Financial services company CMC Markets said on Friday that the fourth quarter of its recently wrapped up trading year had been its strongest, leaving full-year net operating income at the top end of guidance.
CMC Markets stated annual net operating income was predicted to be approximately 280.0m, a record performance outside of the Covid-19 pandemic period, but did also warn that gross leveraged client income was pegged to have fallen from 335.0m to 288.0m, while leveraged and non-leveraged trading revenues were expected to have slipped 34% and 12% year-on-year, respectively.

Full-year operating costs, excluding variable remuneration, were expected to be approximately 173.0m, up from 168.0m a year earlier, primarily due to higher personnel costs to deliver strategic objectives.

CMC Markets will publish results for the year ended 31 March on 9 June.

Chief executive Peter Cruddas said: "Outside of the pandemic year (financial year ending March 2021), this is a record net operating income result for the company. The performance reflects the ongoing success of our B2B technology partnerships and focus across our leveraged and non-leveraged businesses."

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CMC Markets Market Data

Currency UK Pounds
Share Price 227.00p
Change Today -1.00p
% Change -0.44 %
52 Week High 317.00
52 Week Low 211.50
Volume 29,113
Shares Issued 279.82m
Market Cap 635.18m

CMC Markets Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.99% above the market average50.99% above the market average50.99% above the market average50.99% above the market average50.99% above the market average
10.57% above the sector average10.57% above the sector average10.57% above the sector average10.57% above the sector average10.57% above the sector average
Price Trend
33.55% below the market average33.55% below the market average33.55% below the market average33.55% below the market average33.55% below the market average
22.14% below the sector average22.14% below the sector average22.14% below the sector average22.14% below the sector average22.14% below the sector average
Income
57.23% above the market average57.23% above the market average57.23% above the market average57.23% above the market average57.23% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Growth
0.79% above the market average0.79% above the market average0.79% above the market average0.79% above the market average0.79% above the market average
15.97% below the sector average15.97% below the sector average15.97% below the sector average15.97% below the sector average15.97% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 3
Sell 0
Strong Sell 1
Total 6
neutral
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CMC Markets Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Dec-22 14-Jul-22
Paid 05-Jan-23 11-Aug-22
Amount 3.50p 8.88p

Trades for 09-Dec-2022

Time Volume / Share Price
12:27 368 @ 227.00p
12:27 144 @ 226.50p
12:27 598 @ 226.50p
12:27 3 @ 226.50p
12:27 330 @ 226.50p

CMC Markets Key Personnel

CEO Peter Cruddas
CFO Euan Marshall

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