CMC Markets Reports Estimated Pre-Tax Profit of £51M in H1 FY25

Leading online financial trading provider CMC Markets has issued its trading update for the six months to 30 September 2024 (H1 2025). The company expected H1 2025 net operating income to be approximately £180 million, up 45% compared to £123 million in H1 2024.

Other financial and operational highlights include:

• estimated operating costs (excluding variable remuneration and non-recurring charges) of approximately £113 million, a decrease of approximately 7% from the prior year’s £122 million;

• an estimated profit before tax of approximately £51 million compared to H1 2024’s £2 million loss, attributed to the combination of robust net operating income and disciplined cost management.

CMC Markets commented: “The strong performance reflects the success of our ongoing diversification strategy, continued expansion of the B2B segment, and sustained levels of client trading activity. Management remains focused on growing profit margins and taking a disciplined and balanced approach to investment whilst driving efficiencies through the business.”