Year in review
Statements
Under my leadership, and particularly since our IPO in 2016, CMC has had a clear, focused strategy for growth as a technology driven, multi-asset, multi-platform, financial services provider. Now, with the advent of our exciting third vertical - our Web 3.0 and DeFi capabilities - we are leading the revolution in trading and investing services, bridging the gap between the TradFi and DeFi ecosystems.
Our vision is simple: one wallet, all assets, anytime, anywhere.
Peter Cruddas
Founder & CEO
Financial highlights
Net operating income1
£340.1m
Statutory profit before tax
£84.5m
99.93%
Basic earnings per share
22.6p
Ordinary dividend per share2
11.4p
Operational and financial highlights
- Major agreements with Revolut and ASB Bank have solidified CMC's role as a premier technology partner in banking and fintech, with Revolut set to expand into new geographies in FY 2026 - paving the way for even greater global reach
- Launch of 24/7 crypto trading has unlocked an additional 104 trading days per year, supporting vision of round-the-clock market access and strengthening position in digital asset infrastructure
- UK Cash ISA product is performing strongly, attracting record levels of client inflows and enhancing our D2C investment offering
- Significantly expanded our product set, now offering listed and fractional futures and options
- Established new Bermuda office, expanding trading, investment, and digital asset services, and growing our global footprint
- CMC CapX, our capital markets platform launched in 2022, has rapidly become a leading force in UK public market fundraising, whilst also building a robust presence in private capital markets
- Reinforced leadership team with several senior hires, bringing further expertise to drive the next phase of our growth
- Post-period end acquired majority 51% stake in StrikeX, cementing CMC’s position as a leader in blockchain technology and tokenised financial products, supporting the development of our third vertical
Our Strategy
Offering a best-in-class multi-asset trading experience, incorporating platform technology, products, educational resources, liquidity and execution services.
Institutional-grade trading platform technology and execution services to (B2B and B2B2C) through our open API and white-label solutions, deriving higher turnover and profits through scale and distribution.
Next-generation trading and custody through decentralised infrastructure, tokenisation, and blockchain technology. Always on, borderless, and self-custodial – delivering greater access, transparency, and control for clients in a 24/7 financial ecosystem.
Sustainability highlights
We are committed to acting responsibly in delivering on our purpose: empowering investors to achieve their trading and investing goals. A fundamental component of this commitment is ensuring sustainable and responsible practices. By doing so, we create value not only for our shareholders but also for our customers, employees, and wider stakeholders.
As part of this commitment, we have refined our approach to sustainability, focusing on the areas most critical to our success. We have streamlined our key pillars from five to three, ensuring greater clarity, alignment with our strategy and reducing overlap. These core pillars define how we operate as a responsible business:
- Platform and Proposition – Delivering a robust, innovative and transparent trading and investing platforms that meets the evolving needs of our customers.
- People – Creating a diverse, inclusive, and high-performing workplace that enables our employees to thrive.
- Planet – Managing our environmental impact and integrating sustainable practices into our operations.
These pillars underpin our approach to responsible business, guiding our decision-making and ensuring that we continue to operate in a way that is sustainable, ethical and aligned with our long-term strategic goals.
- 1Turnover reflects the notional value of client trades .
- 2Net operating income represents total revenue net of introducing partner commissions and spread betting levies.
- 3Ordinary dividends paid/proposed relating to the financial year.