|Year ended 31 March £ million (unless otherwise stated)||2021||2020||Change %|
|Net operating income||409.8||252.0||63%|
|Profit before tax||224.0||98.7||127%|
|Earnings per share (pence)||61.5||30.1||104%|
|Ordinary dividend per share (pence)||30.6||15.0||104%|
|CFD gross client income||335.3||240.6||39%|
|CFD net trading revenue||349.2||214.5||63%|
|CFD active clients (numbers)||76,591||57,202||34%|
|CFD revenue per active client (£)||4,560||3,750||22%|
|Stockbroking active clients (numbers)||232,053||181,630||28%|
|Stockbroking net trading revenue||54.8||31.8||72%|
“I am delighted with our record performance, which vindicates our strategy of continuing focus on high value clients and technology investment. I am tremendously proud of the resilience, flexibility and capability displayed by all of my colleagues at CMC and would like to personally thank them all for the commitment and passion with which they continue to deliver high levels of service to our clients.
The performance in 2021, building on a strong performance in 2020, is a result of the Group’s unwavering focus on our strategic initiatives. This has delivered increased diversification of Group revenues and improved CFD client income retention. Active client numbers have also increased substantially, primarily as a result of COVID-19 related volatility and heightened levels of interest in the financial markets, but our strategy allows us to attract and retain these new clients. The growing contribution of B2B revenues is also particularly pleasing and will continue to be an important part of our strategy going forward.
During the period we continued to recruit new staff and we did not request to participate in any Government financial support schemes. Our Digital Transformation Programme, led by our new Chief Technology Officer, Brendan Foxen, was initiated during the year and has started to make fantastic progress with the first ‘lighthouse’ project, our Dynamic Trading product, having launched in May 2021.
CMC continues to provide clients with market leading trading platforms and client service, even during periods of extreme volatility and trading activity, holding true to our values. This technological excellence provides the Group with a solid foundation on which to serve current and future clients, along with the expertise to continue to invest in new products that will deliver sustainable growth.”
A presentation will be held for equity analysts and investors today at 10.00 a.m. (BST), note questions will only be taken over the conference call line.
A live audio webcast of the presentation will be available via the following link: https://webcasts.cmcmarkets.com/results/2021fullyear
Alternatively, you can dial into the presentation by registering via the following link: https://webcasts.cmcmarkets.com/results/2021fullyear/vip_connect
A copy of the CMC Markets plc (the “Company”) Annual Report and Financial Statements for the year ending 31 March 2021 (the “2021 Annual Report and Financial Statements”) is available within the Investor Relations section of the Company website http://www.cmcmarkets.com/group/results/annual-reports
Pursuant to Listing Rule 9.6.1 the Company has submitted the 2021 Annual Report and Financial Statements to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
In compliance with The Disclosure and Transparency Rules (DTR) 6.3.5, the information in the document below is extracted from the Company’s 2021 Annual Report and Financial Statements. This material is not a substitute for reading the 2021 Annual Report and Financial Statements in full and any page numbers and cross references in the extracted information below refer to page numbers and cross-references in the 2021 Annual Report and Financial Statements.
|Thursday 29 July 2021||Q1 2021 trading update|
|Thursday 7 October 2021||H1 2021 pre-close trading update|
|CMC Markets Plc|
|Euan Marshall, Chief Financial Officer||[email protected]|
|Geoffrey Pelham-Lane / Jennifer Renwick||020 3757 4994|
(LEI: 213800VB75KAZBFH5U07), was established in 1989 and is now one of the world's leading online financial trading businesses. The company serves retail and institutional clients through regulated offices and branches in 12 countries, with a significant presence in the UK, Australia, Germany and Singapore. The Group offers an award-winning, online and mobile trading platform, enabling clients to trade over 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference ("CFDs") and financial spread bets (in the UK and Ireland only). Clients can also place financial binary bets through Countdowns and, in Australia, access stockbroking services. More information is available at http://www.cmcmarkets.com/group/
This announcement and Appendix may include statements that are forward looking in nature. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Group undertakes no obligation to update, revise or change any forward looking statements to reflect events or developments occurring after the date such statements are published.