Diversified Resilient Dynamic This Presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of the Company or any of its affiliates nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of the Company or in connection with any other contract or commitment whatsoever. This presentation does not constitute a ...

Core Viewpoint - Marex Group plc has been included in the Russell 3000 Index and the small-cap Russell 2000 Index, marking a significant milestone for the company as a public entity, which is expected to enhance its visibility among a wider range of investors [1][2]. Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [5]. - The company offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [5]. - Marex has access to 60 exchanges and serves a diverse clientele, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [5]. - The company operates more than 40 offices globally and employs over 2,400 staff across Europe, Asia, and the Americas [5]. Market Context - The Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, with approximately $10.6 trillion in assets benchmarked against these indexes as of June 2024 [2].

Core Viewpoint - Marex Group plc has announced the acquisition of Agrinvest Commodities, a Brazilian agricultural commodities business, which will enhance Marex's operations in the Americas and diversify its earnings [1][2]. Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides liquidity, market access, and infrastructure services across energy, commodities, and financial markets. The company operates in four main service areas: Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions [3]. Acquisition Details - Agrinvest Commodities connects buyers and sellers in physical agricultural markets, including corn and soybeans, and offers consulting support for hedging options and commercial strategies [2]. - The acquisition will provide Marex with physical commodities capabilities in Brazil, complementing its existing derivatives operations. Agrinvest has approximately 1,300 clients and 100 employees, which will enhance Marex's current Brazilian business [2]. Strategic Importance - The CEO of Marex, Ian Lowitt, emphasized Brazil's significance as a global commodity producer and the potential for growth in supporting Agrinvest's future expansion [3]. - Ram Vittal, CEO of the Americas for Marex, highlighted the acquisition as a reinforcement of Marex's commitment to growth in the Americas and an opportunity to broaden its agricultural business capabilities [3]. Future Prospects - Benedito Joao Gai Neto, CEO of Agrinvest, expressed enthusiasm about joining Marex, noting the support for business expansion and enhanced service offerings in Brazil and other countries [3].

NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (“Marex”), the diversified global financial services platform, announces that it will be participating in a fireside chat at Piper Sandler's Global Exchange & Trading Conference. The presentation will be given by Ian Lowitt, Group Chief Executive Officer and will take place on Thursday, June 5th at 8:00 a.m. ET. The event will be available via webcast and can be accessed here: https://www.wsw.com/webcast/pipersandler44/marx/2943128 Ab ...

Financial Data and Key Metrics Changes - Adjusted profit before tax for Q1 2025 was $96 million, up 42% year-over-year, with revenues growing 28% to $467 million [6][10][18] - Reported return on equity increased to 29%, up six percentage points year-over-year [10] - Adjusted diluted EPS rose to 91¢ per share, reflecting a 32% increase year-over-year [19] Business Line Data and Key Metrics Changes - Clearing revenue grew 18% to $119 million, driven by higher net interest income despite lower average Fed fund rates [20] - Agency and execution revenue surged 42% to $240 million, with securities revenue increasing 59% to $151 million [20][21] - Energy revenue rose 20% to $88 million, benefiting from record volumes and strong demand [21] - Market making revenue grew 27% to $53 million, with security revenues doubling [22] Market Data and Key Metrics Changes - Exchange volumes in Q1 were up 15% year-over-year and 12% compared to Q4 [7] - Average daily value at risk remained low at $3.4 million, indicating effective market risk management [22] - Average balances increased to $17.1 billion, up from $11.3 billion a year ago, reflecting growth in client balances [23] Company Strategy and Development Direction - The company aims to generate reliable earnings growth across cycles by servicing client flow and gaining market share [14] - There is a focus on expanding the prime services offering and enhancing margins in the agency and execution segment [36][41] - The company is actively evaluating M&A opportunities while maintaining strict discipline to meet return targets [32][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the firm's operational resilience and ability to convert higher volumes into revenue and profit growth [30] - The company anticipates continued momentum for the rest of the year, despite potential risks from falling interest rates [31] - Management noted that client health remains strong, with minimal liquidity pressure observed during recent volatility [74][78] Other Important Information - The company successfully executed a $500 million senior notes issuance to enhance liquidity [9][17] - A dividend increase to 15¢ per share was announced for Q1 2025, up from 14¢ in 2024 [10][29] - The firm maintains a strong capital and liquidity position, with total funding increasing to $4.3 billion [28] Q&A Session Summary Question: Insights on the Prime business and its recent performance - Management noted a significant pickup in prime services, indicating unmet demand has been captured, but growth rates may slow [36][37] Question: Contribution from the Arna acquisition - The Arna acquisition closed at the end of Q1, with minimal contribution in the quarter, but early performance in April met expectations [42][43] Question: Divergence between cleared volume growth and commission revenue growth - Management explained that the previous year's unusually positive environment in agriculture affected year-over-year comparisons, but no pricing pressure was noted [48][51] Question: Client clearing balances growth - Average balances grew significantly, driven by increased house liquidity and client onboarding, with expectations for continued growth [59][62] Question: M&A appetite and activity - The company remains active in pursuing acquisitions, with a disciplined approach to ensure target returns are met [66][68] Question: Client health and potential risks - Management reported strong client performance with minimal stress observed, despite recent volatility [74][78] Question: Front office headcount changes - Some remapping of headcount occurred, particularly in the agriculture business, but overall growth and investment in clearing remain strong [80][82]

Marex Group (MRX) Q1 2025 Earnings Call May 15, 2025 09:00 AM ET Speaker0 Day, and thank you for standing by. Welcome to the Marek's Q1 twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there'll be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Adam Strachan, Head of Investor Relations. Please go ahead. Speaker1 Goo ...

Marex Group plc announces strong results for first quarter of 2025 NEW YORK, 15 May 2025 (GLOBE NEWSWIRE) – Marex Group plc ('Marex' or the 'Group'; Nasdaq: MRX) a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets, today reported financial results for the first quarter ('Q1 2025'). Ian Lowitt, Group Chief Executive Officer, stated, "Robust levels of client activity across our bu ...

Financial Performance - Adjusted profit before tax increased by 42% to $96 million in Q1 2025, driven by robust client activity and positive market conditions[10] - Revenue increased by 28% to $467 million, with strong revenue growth across all business segments[10] - Agency and Execution revenue increased significantly by 42% to $240 million, driven by growth in Securities revenues and the Energy business[10] - Adjusted Return on Equity (RoE) increased by 100bps year-over-year to 30%[32] - Adjusted diluted Earnings Per Share (EPS) increased by 32% year-over-year to $0.91[32] Business Segment Performance - Clearing revenue increased by 18% from $101 million in Q1 2024 to $119 million in Q1 2025[34] - Agency and Execution revenue increased by 42% from $168 million in Q1 2024 to $240 million in Q1 2025[34] Market and Operational Highlights - Clearing volumes increased by 17% from 267 million contracts in Q1 2024 to 312 million contracts in Q1 2025[15] - Agency and Execution - Energy volumes increased by 14% from 15 million contracts in Q1 2024 to 17 million contracts in Q1 2025[15] - Agency and Execution - Securities revenue increased by 59% from $95 million in Q1 2024 to $151 million in Q1 2025[15] - The company successfully issued $500 million 3-year senior unsecured notes in May, diversifying funding sources[10]

Core Insights - Marex Group plc reported strong financial results for Q1 2025, with a 42% year-on-year increase in adjusted profit before tax, driven by robust client activity and positive market conditions [2][5][20] Financial Highlights - Revenue increased by 28% to $467.3 million compared to $365.8 million in Q1 2024 [4][13] - Profit before tax rose by 66% to $98.0 million, with profit after tax also increasing by 66% to $72.5 million [4][10] - Adjusted profit before tax reached $96.3 million, a 42% increase from $67.7 million in the previous year [4][20] - The profit before tax margin improved by 500 basis points to 21% [4][20] - Basic earnings per share increased by 63% to $0.98, while diluted earnings per share rose by 64% to $0.92 [4][20] Operational Performance - Agency and Execution segment saw revenue growth of 42% to $239.5 million, driven by strong performance in securities and energy [5][29] - Net trading income surged by 50% to $159.1 million, with significant contributions from various asset classes [15][20] - Net interest income also increased by 50% to $53.4 million, reflecting growth in average balances [16][20] Strategic Developments - The acquisition of Aarna Capital was completed, enhancing Marex's clearing presence in the Middle East [5][20] - A successful secondary equity offering was significantly oversubscribed, increasing the public float to approximately 70% [5][20] - The company issued $500 million in senior unsecured notes, diversifying funding sources and enhancing liquidity [5][20] Segment Performance - Clearing services revenue increased by 18% to $119.2 million, driven by higher net interest income [23][24] - The Agency and Execution segment's revenue rose by 42% to $239.5 million, with securities revenues growing significantly [29][31] - Market Making revenue increased by 27% to $52.9 million, with notable growth in securities revenues [34][35] - Hedging and Investment Solutions revenue grew by 9% to $45.0 million, driven by strong demand for financial products [41][42] Financial Position - Total equity increased by 7% to $1,046.2 million, reflecting strong profitability [47] - Total assets slightly increased to $24.4 billion, with a stable balance sheet consisting of high-quality liquid assets [48][49] - The Group maintained a total capital ratio of 243%, indicating significant capital headroom above minimum requirements [59][61]

Before Marex's initial public offering (IPO) on Nasdaq in April 2024, private equity shareholders including JRJ Group held around 96% of Marex stock. Following the IPO and two successful secondary follow-on offerings, private equity owners now hold around 30% of Marex stock. LONDON, May 15, 2025 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, announces today that Roger Nagioff has stepped down from the Group Board. Roger represented private equity inves ...