LuxSE Sees 20.5% Jump in 2021 Net Profit

Fazzaco learned that LuxSE today published its financial results for the financial year ending on 31 December 2021, revealing record growth.

The Luxembourg Stock Exchange Group, which consists of LuxSE and its wholly owned subsidiary Fundsquare, reported consolidated revenues of EUR 55.4 million for the financial year 2021. This represents a revenue growth of 8.1% compared to the previous year. The group also reported a net profit of EUR 13.5 million, up 20.5% from 2020.

Fazzaco Live Webinar on 12th May: Vladimir Moshkov on How to Start a Crypto Exchange from Scratch​

The strong financial performance in 2021 was driven by a considerable growth in the number of new listings. In the course of 2021, LuxSE welcomed 12,687 new securities on its markets and on the LuxSE Securities Official List, up 17% compared to 2020. This makes 2021 the strongest year for LuxSE in terms of new listings since 2008. At the end of 2021, LuxSE reported a total of 37,839 listed securities, up 2% compared to 2020.   

"After a challenging 2020 marked by the pandemic, economic activity picked up across the world in 2021, and this was reflected on the Luxembourg Stock Exchange. We saw a considerable increase in listing activities on our exchange last year and this resulted in a strong financial performance. 2021 was also a record year for sustainable finance, both globally and on LGX, and we continued to contribute to the transformation of finance through new products and services. 2022 is likely to be marked by a challenging geopolitical and economic context and the war in Ukraine, and this makes our focus on the increasingly urgent green and digital transitions even more important," explained Julie Becker, CEO of LuxSE.

Highlights of 2021

2021 was a year of milestones for the Luxembourg Green Exchange (LGX), the world's leading platform for sustainable securities. LGX reached the 1,000 sustainable bonds mark in May. LuxSE developed the platform further by adding a section for Climate-Aligned issuers, which features companies that derive at least 75% of their revenues from environmentally friendly activities. The exchange also revamped the existing fund window on LGX to reflect the fund classification brought by the Sustainable Finance Disclosure Regulation (SFDR).

In terms of its focus on technology, LuxSE continued to invest in tech start-ups and completed the first, fully digital listing via the Origin platform.