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Periodo fiscal
Q1 2025
Fecha de la conferencia
27 may., 2025
Resumen con IA
Q1 2025

Trading Activity: Q1 2025 saw a 28% jump in average daily traded value to nearly EUR 190 million, the highest since 2009.

Revenue Growth: Consolidated turnover rose 17% to EUR 15.8 million, with transactional revenues making up 68% of total revenue.

Margins: EBITDA margin expanded nearly 5 percentage points to 54%; net profit margin reached 37.8%.

Profitability: Net after-tax earnings grew 31.5% to EUR 5.7 million; EBIT rose 32% to EUR 7.1 million.

Operating Expenses: Operating expenses increased 6%, mainly due to an 8% rise in personnel costs tied to variable compensation.

Guidance: Management expects operating expense growth to remain in the mid- to high-single digits for the year, not reaching double digits.

Dividends: Proposed 2024 dividend of EUR 0.29, up 21% from last year, representing a 101% payout ratio.

Datos financieros clave
Average Daily Traded Value
EUR 190 million
Consolidated Turnover
EUR 15.8 million
Trading Revenue
EUR 3 million
Post-Trading Revenue
EUR 7.7 million
Revenue from Derivatives
EUR 614,000
Revenue from IT and Digital Services
EUR 2 million
Ancillary Services Revenue
EUR 400,000
Operating Expenses
EUR 7 million
Personnel Costs
EUR 4.3 million
EBIT
EUR 7.1 million
Net After-Tax Earnings
EUR 5.7 million
EBITDA Margin
54%
Net Profit Margin
37.8%
Cash and Cash Equivalents
EUR 77.4 million
Proposed Dividend
EUR 0.29

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