Virtu Posts Fourth Quarter and Full Year 2021 Results

Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, has reported results for the fourth quarter ended December 31, 2021.

Fourth Quarter and Full Year Selected Highlights

Fourth Quarter 2021:

• Net income of $186.0 million; Normalized Adjusted Net Income of $220.6 million

• Basic and diluted earnings per share of $0.90 and $0.89 respectively; Normalized Adjusted EPS of $1.19

• Total revenues of $705.6 million; Trading income, net, of $513.4 million; Adjusted Net Trading Income of $485.6 million

• Adjusted EBITDA of $328.4 million; Adjusted EBITDA Margin of 67.6%

• Share buybacks of $101.6 million, or 3.7 million shares, under the Share Repurchase Program

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Full Year 2021:

• Net income of $827.2 million; Normalized Adjusted Net Income of $876.6 million

• Basic and diluted earnings per share of $3.95 and $3.91 respectively; Normalized Adjusted EPS of $4.57

• Total revenues of $2,811.5 million; Trading income, net of $2,105.2 million; Adjusted Net Trading Income of $1,909.9 million

• Adjusted EBITDA of $1,301.2 million; Adjusted EBITDA Margin of 68.1%

• Share buybacks of $405.2 million, or 14.7 million shares, under the Share Repurchase Program

The Virtu Financial, Inc. Board of Directors declared a quarterly cash dividend of $0.24 per share. This dividend is payable on March 15, 2022 to shareholders of record as of March 1, 2022.