Financial highlights
Strategy key
Trading platform product diversification
Investment in B2B technology capability
Expansion of Invest platforms and Institutional offering
Group KPIs
£288.4m
KPI definition
This is a statutory measure, which represents total revenue net of introducing partner commissions and spread betting levies.
Why we measure
Key operating metric
Link to strategy
Statutory profit before tax1
£52.2m
KPI definition
This is a statutory measure, which comprises net operating income less operating expenses and interest expense.
Why we measure
Key operating metric.
Link to strategy
Profit after tax1
£41.4m
KPI definition
This is a statutory measure, which comprises statutory profit before tax less tax expense.
Why we measure
Largest driver of shareholder equity and Board-approved metric for calculating dividend payable.
Link to strategy
14.7p
KPI definition
This is a statutory measure, which is calculated as earnings attributed to Ordinary Shareholders divided by weighted average number of shares.
Why we measure
Key shareholder value metric.
Link to strategy
7.40p
KPI definition
Any dividend declared, proposed or paid relating to the financial year.
Why we measure
Key shareholder value metric.
Link to strategy
Trading business KPIs
£303.5m
KPI definition
Spread, financing and commission fees charged to CFD and spread bet clients. CFD net revenue is the product of gross CFD and spread bet client income, multiplied by client income retained.
Why we measure
Used to measure the total income generated from CFD and spread bet client transaction charges.
Link to strategy
58,737
KPI definition
Individual clients who have traded or held CFD or spread bet positions with CMC Markets on at least one occasion during the financial year.
Why we measure
Representative of the continuing success of the business in acquiring and retaining clients which trade on a regular basis.
Link to strategy
£3,968
KPI definition
Net revenue generated from CFD and spread bet active clients, divided by the number of active clients during the year.
Why we measure
High value clients are central to the Group's strategy and the growth in this figure is indicative of the success in attracting and retaining these clients.
Link to strategy
77%
KPI definition
Percentage of gross client income retained after rebates and gains and losses from risk management.
Why we measure
Used to measure the success of the risk management strategy of converting client spread, financing and commissions charges to trading net revenue.
Link to strategy
99.97%
KPI definition
The percentage of trading hours that clients are able to trade on the Next Generation CFD platform.
Why we measure
The platform is at the core of our business – if clients are unable to trade, the Group will be unable to earn revenue. Maintaining a very high uptime is key to the continued success of the Group.
Link to strategy
Investing business KPIs
£37.9m
KPI definition
Income received from brokerage and FX spread on client trades, less rebates.
Why we measure
Revenue diversification and high value clients are central to the Group's strategy and the growth in this figure is indicative of the success in growing the invest business and attracting and retaining high value clients.
Link to strategy
Investing active clients2
218,310
KPI definition
Individual clients who have traded on Invest platforms on at least one occasion during the financial year.
Why we measure
Representative of the continuing success of the business in acquiring and retaining clients which trade on a regular basis.
Link to strategy
Platform uptime3
99.93%
KPI definition
The percentage of trading hours that clients are able to trade on the CMC Invest Australia platform.
Why we measure
The platform is at the core of our business - if clients are unable to trade, the Group will be unable to earn revenue. Maintaining a very high uptime is key to the continued success of the Group.
Link to strategy
- 12022 and 2021 figures restated. Further information on the 2022 restatement can be found within note 33.
- 2Includes CMC Invest UK active clients of 1,645.
- 3Uptime represents CMC Invest Australia only. CMC Invest UK uptime of 99.95% in 2023, a combined statistic will be reported in 2024.