CMC Markets’ Two Subsidiaries Posts Financials for FY21

Fazzaco learned that CMC Spreadbet plc and CMC Markets UK plc, two subsidiaries of the online UK broker CMC Markets, have released their annual financials for the 2021 fiscal year, ending on March 31. 

The revenue of CMC Spreadbet and CMC Markets came in at £27.29 million and £394.1 million, respectively. The revenue from both CMC Spreadbet and CMC Markets gained by 47 percent and 58 percent, respectively. Along with the revenue, both the units reported a significant jump in profits for the year: the profits from the spread betting rose to £2.75 million from the previous year's £1.4 million, while CMC Markets UK generated £150.6 million, which is up from £65.1 million in FY2020.

The net operating income from CMC Markets UK came in at £373.6 million, increasing from the previous year's net operating income, £231.5 million.

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CMC Spreadbet provides regulated spread betting services and CMC Markets UK offers CFDs and other trading services under its FCA license in the UK.

​Fazzaco recently reported that CMC Markets has partnered with St Kilda Football Club​, an Australian rules football club known as the Saints, to bring traders a new series—Analyst Mode.