CMC Markets Reports Increased Profit, Expands into Decentralized Finance

CMC Markets closed its fiscal year 2025, which ended on March 31, with a net operating income of £340.1 million, a 2 percent annual increase. The company's pre-tax profits reportedly jumped by 33 percent to £84.5 million, with net profit recorded at £62.2 million. While overall net operating income increased, the company's annual trading and investing revenue saw a slight decline of 2 percent, reaching £313.3 million.

The financial results, released today, June 5, 2025, indicate a record year for CMC's Australian stockbroking unit, which achieved a net operating income of AU$106.3 million, up from AU$85.1 million in the previous year. This growth was attributed to "double-digit growth in active clients and new accounts." The London-headquartered broker also improved its profit margin to 24.8 percent, up from 19 percent in the prior year, and basic earnings per share increased by 35 percent to 22.6 pence. Annual interest income rose by 21 percent to £42.5 million, driven in part by strong performance from its Treasury Management and Capital Markets division. EBITDA also saw a 12 percent increase, reaching £103.4 million.

CMC, which previously operated with two business verticals - a Direct-to-Consumer (D2C) platform and a B2B-focused Platform Technology as a Service (PTAS) - has now launched a third segment: Decentralised Finance (DeFi) and Web 3.0 capabilities. This new vertical is supported by the broker's offerings in crypto trading, digital asset treasury, and payment capabilities. The company also acquired a controlling stake in the blockchain platform StrikeX. Lord Peter Cruddas, CMC Markets Chief Executive and Founder, stated, "This is a move that positions CMC to take advantage of the structural changes we are seeing in the financial ecosystem in the years to come."

In addition to its financial results and new business segment, CMC announced a reshuffle of its board. David Fineberg, currently Deputy Chief Executive Officer and Board Director, will not seek re-election and will transition into the newly created role of Global Head of Strategic Partnerships. This role will focus on strengthening key institutional relationships and accelerating growth through partnerships, including those with Revolut and StrikeX. Matthew Lewis, currently Head of ANZ and a Board Director, will also step down from CMC's board but will continue to focus on expanding the Group's presence in the ANZ region, particularly in stockbroking and digital asset services. Concurrently, the board has appointed Laurence Booth, CMC's Global Head of Capital Markets, as an Executive Director. Earlier this year, CMC also obtained a Bermuda license and opened a new office on the island.