TMX Group Ltd
TSX:X

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TMX Group Ltd
TSX:X
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Price: 55.91 CAD 1.32% Market Closed
Market Cap: 15.5B CAD

TMX Group Ltd
Investor Relations

In the bustling financial landscape of Canada, TMX Group Ltd. stands as a cornerstone in the orchestration of market activities, embodying a rich history of facilitating capital formation and exchange. Headquartered in Toronto, TMX Group operates key exchanges such as the Toronto Stock Exchange (TSX) and the TSX Venture Exchange, which serve as pivotal platforms for companies looking to raise capital. These exchanges are instrumental in connecting businesses with investors, encompassing an extensive range of sectors from mining to technology. It creates a symbiotic environment where companies seeking to grow can connect with investors looking for potential returns. Furthermore, TMX Group extends its reach beyond mere listings, providing a suite of services including market data analytics and clearing and settlement solutions, which enhance the overall market efficiency and reliability.

At the core, TMX Group's revenue stream is multifaceted, drawing from several well-established channels. Listing fees form a significant part of the income, charged to companies for initial public offerings (IPOs) and maintaining their status on the exchange. On top of this, transaction-based revenue flows in from the buying and selling of securities across its platforms, showcasing TMX's role as a central hub for trading activities in Canada. Additionally, TMX leverages its treasure trove of market data, offering critical insights to market participants, which is a growing revenue segment in the information age. The group also benefits from providing clearing services, ensuring the seamless execution of trades while managing risks associated with trading. This diversified model not only secures its financial standing but also cements its role as a pivotal institution in maintaining the health and vibrancy of Canada's financial markets.

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Earnings Calls

2024 Q4
Feb 4, 2025
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TMX Group Reports Strong Growth and Positive Outlook for 2025
2024 Q4
Feb 4, 2025

TMX Group showcased impressive Q4 2024 results with $393.3 million in revenue, up 30% year-over-year, and organic revenue growth of 17%. The diluted earnings per share surged 87% to $0.58, driven by strong performance in Global Solutions, Insights, and Analytics, which grew 48%. TMX's Trayport and VettaFi segments contributed significantly, with revenues increasing 26% and 21%, respectively. The company anticipates continued growth, expecting a 10% organic revenue increase and solid margins into 2025, supported by successful acquisitions and a robust client base. Additionally, a 5% dividend raise reflects a strong financial position.

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Management

Mr. David Arnold
Chief Financial Officer
No Bio Available
Ms. Cheryl Graden
Chief Legal & Enterprise Corporate Affairs Officer and Corporate Secretary
No Bio Available
Shane Quinn
Head of Communications & Public Affairs
No Bio Available
Ms. Cindy Bush
Chief Human Resources Officer
No Bio Available
Mr. Loui Anastasopoulos
CEO of Toronto Stock Exchange & Global Head of Capital Formation
No Bio Available
Nina Bai
Senior Manager of Investor Relations
No Bio Available

Contacts

Address
ONTARIO
TORONTO
300 - 100 Adelaide St. West
Contacts
+14169474700.0
www.tmx.com