Admiral Markets AS 2025 Unaudited 6 Months Financial Results

Core Insights - Admiral Markets AS has shown operational discipline and realignment amidst lower client trading activity in its core European markets [1] - The company voluntarily suspended onboarding new European clients in 2024 to comply with regulatory recommendations, reflecting its commitment to regulatory compliance and client trust [2] - Client onboarding resumed in March 2025, with intensified user acquisition efforts in the second quarter, reinforcing its position as a trusted multi-asset investment brokerage [3] Financial Position - As of June 30, 2025, total assets amounted to €74.226 million, a slight decrease from €74.690 million at the end of 2024 [5] - Total liabilities increased to €7.532 million from €4.449 million at the end of 2024, while total equity decreased to €66.694 million from €70.241 million [5] Comprehensive Income - For the first half of 2025, net trading income was €4.1 million, down from €6.9 million in the same period of 2024 [6][7] - The company reported a net loss of €3.5 million for the reporting period, compared to a net profit of €0.9 million in the first half of 2024 [6][7] - The number of active clients stood at 23,190, with a focus on rebuilding and expanding the client base following a temporary strategic pause [7] Strategic Outlook - The company remains confident in its diversified strategy, supported by market-leading trading technology and a robust financial position, positioning itself for sustainable growth [4]