StoneX’s Operating Revenues from FX/CFD Contracts Increase 21% in Q1 FY22

StoneX Group Inc., a diversified global brokerage and financial services firm providing execution, risk management and advisory services, market intelligence and clearing services across multiple asset classes and markets around the world, announced its financial results for the fiscal year 2022 first quarter ended December 31, 2021.

Operating revenues increased $70.4 million, or 19%, to $450.5 million in the three months ended December 31, 2021, compared to $380.1 million in the three months ended December 31, 2020.

Operating revenue derived from securities transactions declined $3.9 million, or 3%, to $122.7 million in the three months ended December 31, 2021 compared to $126.6 million in the three months ended December 31, 2020.

Operating revenues derived from FX/CFD contracts increased $12.4 million, or 21% to $72.2 million in the three months ended December 31, 2021 compared to $59.8 million in the three months ended December 31, 2020, principally as a result of a $12.1 million increase in operating revenues derived from retail FX/CFD in Retail segment.

Sean M. O'Connor, CEO of StoneX Group Inc., stated:"We delivered strong results in our fiscal first quarter with a diluted EPS of $2.04, an ROE of 18.0% on book value and 20% on tangible book value. We continued to experience higher volumes across the board from increased client engagement and market share gains. Increased market volatility and the prospect of rising interest rates provide additional catalysts for continued growth."