The CMC Markets Board has proposed a final dividend of 8.3 pence, in addition to the 3.1 pence we paid as an interim dividend, reflecting their policy of paying out 50% of full-year profit
Other financial highlights include:
Record net operating income of AU$106.3 million (FY 2024: AU$85.1 million) in Australian stockbroking, with double-digit growth in active clients and new accounts
Interest income of £42.5 million (FY 2024: £35.0 million) is up 21%, driven in part by strong performance from their Treasury Management and Capital Markets division
Underlying EBITDA up 12% year-on-year to £103.4 million (FY 2024: £92.7 million), reflecting strong underlying profitability alongside improved operating leverage
Profit before tax of £84.5 million (FY 2024: £63.3 million), with margin of 24.8% (FY 2024: 19.0%) reflecting robust net operating income, disciplined cost management and lower one-off charges
Operating expenses, excluding variable remuneration, were £230.2 million (FY 2024: £237.9 million) as the Group maintains a focus on delivering margin expansion
Non-recurring charge of £4.3 million relating to customer remediation in Australia following an industry-wide review into margin netting - provision expected to be fully utilised in FY 2026
Final dividend of 8.3 pence per share (FY 2024: 7.3 pence) taking dividend for the full year to 11.4 pence per share (FY 2024: 8.3 pence), up 37% year-on-year
