Marex Group plc(MRX)
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Marex Group plc announces third quarter 2025 results
Globenewswire· 2025-11-06 12:00
Core Insights - Marex Group plc reported strong financial results for Q3 2025, with revenue reaching $485 million and Adjusted Profit Before Tax increasing by 25% year-on-year to $101 million, reflecting successful business diversification and growth in Prime services [2][6][20]. Financial Performance - Year-to-date revenue for Q3 2025 was $1,452 million, a 23% increase from $1,179 million in Q3 2024 [3][22]. - Q3 2025 revenue was $485 million, up 24% from $391 million in Q3 2024 [4][14]. - Adjusted Profit Before Tax for Q3 2025 was $101 million, a 25% increase from $80.5 million in Q3 2024 [6][21]. - Reported Profit Before Tax increased by 25% to $98.8 million in Q3 2025, with a margin of 20.4% [20][25]. Revenue Breakdown - Clearing revenue increased by 14% to $133.5 million, driven by a 4% growth in average client balances to $13.3 billion [6][30]. - Agency and Execution revenue surged by 52% to $258.5 million, primarily due to strong growth in Securities revenues [6][41]. - Hedging and Investment Solutions revenue rose by 36% to $48.4 million, marking the strongest quarter on record for this segment [6][59]. Cost and Efficiency - Total reported costs for Q3 2025 increased by 24% to $380.3 million, reflecting higher Front Office and Control and Support costs [18][24]. - Front Office costs rose by 23% to $264 million, driven by increased compensation linked to revenue performance and higher headcount [18][24]. - Control and Support costs increased by 26% to $116.3 million, reflecting investments in finance, risk, technology, and compliance [19][24]. Strategic Developments - The company continued its disciplined M&A growth strategy, announcing acquisitions such as Winterflood Securities and Valcourt, enhancing its market presence and capabilities [10]. - Marex maintained a strong balance sheet with significant levels of surplus liquidity, reaffirming its Investment Grade credit rating [10]. Segment Performance - Market Making revenue decreased by 16% to $43.8 million due to challenging market conditions in Metals and Agriculture, despite growth in Securities and Energy [49][50]. - Adjusted Profit Before Tax for Market Making fell by 59% to $7 million, reflecting lower overall revenue [51][54]. - The Agency and Execution segment saw a 51% increase in revenue year-to-date, driven by strong growth across all asset classes [45].
Marex Group's Impressive Financial Performance
Financial Modeling Prep· 2025-11-06 10:06
Core Insights - Marex Group (NASDAQ: MRX) is a significant player in the financial services sector, known for strategic acquisitions and strong client activity driving its growth [1] Financial Performance - On November 6, 2025, Marex Group reported earnings per share of $1.07, exceeding the estimated $0.92, reflecting a trend of outperforming expectations with an average earnings surprise of 11.58% over the past four quarters [2][6] - The company's revenue reached $500.1 million, surpassing the anticipated $481.25 million [2][6] - Preliminary third-quarter results indicate a profit before tax of up to $101 million [3] Efficiency Metrics - Marex Group's return on equity (ROE) is nearing 27%, showcasing high efficiency in generating profits from shareholders' equity [3][6] - The company maintains a high debt-to-equity ratio of approximately 7.69, yet it sustains a solid financial standing [3] Valuation Metrics - The price-to-earnings (P/E) ratio is about 11.41, indicating reasonable valuation in terms of earnings [4] - The price-to-sales ratio is approximately 0.83, and the enterprise value to sales ratio is around 1.44, suggesting a balanced market valuation relative to sales [4] Financial Health - Marex Group's current ratio is about 1.32, indicating its capability to meet short-term liabilities [5] - The enterprise value to operating cash flow ratio is approximately 2.34, reflecting efficient cash flow management [5] - The earnings yield is about 8.77%, offering a solid return on investment for shareholders [5]
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Marex Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - MRX
Newsfile· 2025-11-06 00:14
Core Viewpoint - Rosen Law Firm is encouraging investors of Marex Group plc to secure legal counsel before the December 8, 2025 deadline for a class action lawsuit related to securities purchased between May 16, 2024, and August 5, 2025 [2][3]. Group 1: Class Action Details - Investors who purchased Marex securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by December 8, 2025 [4]. - The lawsuit alleges that Marex made materially false and misleading statements and failed to disclose critical information regarding its financial practices, leading to investor damages when the truth was revealed [6]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [5]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has been consistently ranked among the top firms for securities class action settlements since 2013 [5]. - In 2019, the firm secured over $438 million for investors, showcasing its capability and experience in handling such cases [5].
Marex Group plc Sued for Securities Law Violations - Contact The Gross Law Firm Before December 8, 2025 to Discuss Your Rights – MRX
Globenewswire· 2025-11-05 22:58
Core Viewpoint - The Gross Law Firm is notifying shareholders of Marex Group plc regarding a class action lawsuit due to allegations of false statements and misleading information related to the company's financial performance [1][3]. Group 1: Allegations and Class Period - The class period for the lawsuit is from May 16, 2024, to August 5, 2025 [3]. - Allegations include that Marex Group improperly inflated its cash flow, revenues, assets, and profits in its Market Making segment through off-book intercompany transactions [3]. Group 2: Shareholder Actions - Shareholders who purchased MRX shares during the specified class period are encouraged to register for the class action and may seek lead plaintiff status by the deadline of December 8, 2025 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to deceitful practices and misleading statements by companies [5].
Marex Group Set to Release Q3 Earnings: What's in Store for MRX?
ZACKS· 2025-11-05 14:50
Core Insights - Marex Group plc (MRX) is set to report its third-quarter 2025 results, with expectations of year-over-year increases in earnings and revenues [1][10] - The company has a strong earnings surprise history, having exceeded the Zacks Consensus Estimate in the last four quarters with an average beat of 11.58% [2] Q3 Developments - During Q3, Marex Group executed its growth strategy by expanding into new geographies and product capabilities, including the acquisition of Agrinvest in Brazil and Hamilton Court Group for enhanced FX capabilities in EMEA [3][4] - A strategic partnership with FalconX was established to provide clients access to digital asset derivatives [5] Market Conditions - Strong trading volumes and client activity were noted in Q3, driven by a global risk-on sentiment and dovish central bank stances, with equity markets benefiting from moderating inflation and easing geopolitical tensions [6] - Despite a decline in exchange volumes at CME and ICE by over 15%, Marex Group is expected to report solid financial results, supported by its diversified franchise and recent acquisitions [7] Financial Performance Estimates - Average clearing client balances increased by 4% sequentially to $13.3 billion, with clearing revenues estimated at $126 million, an 8% increase year-over-year [8] - Agency and execution revenues are projected to rise by 40.6% to $239.6 million, while market making revenues are expected to grow by 5% to $54.6 million [9] - Preliminary results indicate a profit before tax of up to $101 million and a return on equity (ROE) near 27% [10][12] Cost and Investment Insights - Total operating expenses are anticipated to be elevated as the company invests in enhancing platform capabilities, product innovation, and regulatory compliance [11] Earnings and Sales Estimates - The Zacks Consensus Estimate for earnings is unchanged at 92 cents per share, reflecting a 21.1% increase from the previous year, while sales are estimated at $480 million, indicating a 22.7% jump [15] - Preliminary revenue expectations range between $475 million and $485 million, up from $391 million in the prior year [16]
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Marex Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – MRX
Globenewswire· 2025-11-04 17:53
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Marex Group plc during the specified Class Period of the upcoming lead plaintiff deadline on December 8, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - The class action lawsuit has been filed against Marex Group plc, alleging that during the Class Period, the company made materially false and misleading statements and failed to disclose critical information regarding its financial practices [4]. - Specific allegations include Marex selling over-the-counter financial instruments to itself, inconsistencies in financial statements between subsidiaries, and misleading positive statements about its business operations [4]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [3]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [3].
MRX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Globenewswire· 2025-11-04 17:03
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Marex Group plc due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by December 8, 2025 [4]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [6]. - Specific allegations include a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits, with examples such as a $17 million fabricated receivable and nearly $1 billion in concealed derivatives exposure [7]. - Following the release of a report by NINGI Research, Marex's stock dropped 6.2%, closing at $35.31 on heavy trading volume [8]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $10,000 in Marex between May 16, 2024, and August 5, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The role of lead plaintiff in the class action is designated to the investor with the largest financial interest who is typical of class members, with options for other members to either move to serve as lead plaintiff or remain absent [9]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Marex's conduct [10].
NASDAQ: MRX INVESTOR ALERT: Berger Montague Advises Marex Group plc (NASDAQ: MRX) Investors of a December 8, 2025 Deadline
Prnewswire· 2025-11-03 14:06
Core Points - A class action lawsuit has been filed against Marex Group plc on behalf of investors who purchased shares between May 16, 2024, and August 5, 2025 [1][2] - The lawsuit follows a report by NINGI Research that alleged financial improprieties, including a multi-year accounting scheme and misleading disclosures [3][4] - Marex is accused of concealing nearly $1 billion in off-balance-sheet derivatives, which inflated profits and operating cash flow [4] Company Overview - Marex Group plc is headquartered in London and provides global financial services, including trading, clearing, and risk management [2] Allegations and Impact - The complaint details discrepancies in intercompany receivables and loans across over 56 entities, amounting to multi-million-dollar discrepancies [3] - Following the release of the report, Marex's stock price fell by $2.33, or 6.2%, closing at $35.31, resulting in significant investor losses [4]
Marex Group plc Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - MRX
Prnewswire· 2025-11-03 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Marex Group plc regarding a class action lawsuit due to allegations of false statements and misleading information related to the company's financial performance [1][2]. Summary by Sections Allegations - The complaint alleges that Marex Group plc improperly inflated its cash flow, revenues, assets, and profits in its Market Making segment through off-book intercompany transactions, leading to materially false and misleading statements about the company's business and prospects [2]. Class Period and Registration - The class period for the lawsuit is from May 16, 2024, to August 5, 2025. Shareholders who purchased shares during this period are encouraged to register for the class action [2][3]. Next Steps for Shareholders - Shareholders must register by December 8, 2025, to be considered for lead plaintiff status. Registration includes enrollment in a portfolio monitoring software for updates on the case [3]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements or omissions that artificially inflated stock prices [4].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Marex Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – MRX
Globenewswire· 2025-11-01 13:24
Core Points - Rosen Law Firm is reminding purchasers of Marex Group plc securities from May 16, 2024, to August 5, 2025, about the December 8, 2025, lead plaintiff deadline [1] - Investors who purchased Marex securities during the specified period may be entitled to compensation through a contingency fee arrangement [1] Class Action Details - A class action lawsuit has been filed against Marex Group plc, with allegations of materially false and misleading statements regarding the company's financial practices [4] - Specific claims include Marex selling over-the-counter financial instruments to itself, inconsistencies in financial statements, and misleading positive statements about the company's business and prospects [4] Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience [3] - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [3]