Core Insights - Marex Group plc reports a strong performance in Q3 2025, with revenues expected between $475 million and $485 million, reflecting a 23% year-over-year increase at the midpoint [2] - Adjusted Profit Before Tax is projected to be in the range of $96 million to $101 million, marking a 22% year-over-year increase at the midpoint [2] - The company anticipates full Q3 results to be released on November 6, 2025 [2] Financial Performance - Revenue for Q3 2025 is estimated at $475 million to $485 million, compared to $391 million in Q3 2024 [4] - Adjusted Profit Before Tax is estimated between $96 million and $101 million, up from $81 million in Q3 2024 [4] - Adjusted Return on Equity is approximately 27%, with an Adjusted Profit Before Tax Margin around 21% [2][4] Operational Highlights - Average Clearing Client balances increased by 4% to $13.3 billion in Q3 2025, up from $12.8 billion in Q2 2025 [3] - The company achieved a record of over $10 billion in US client assets in October 2025, as reported by the Commodity Futures Trading Commission [3] - Despite a challenging operating environment with exchange volumes down over 15% on average in Q3 compared to Q2, Marex maintained its growth trajectory [3] Management Commentary - Ian Lowitt, Group CEO, expressed confidence in the company's performance and growth prospects, highlighting the resilience of the business model [3] - The management aims to address investor questions regarding performance and client balances following recent share price movements [3]
Marex Group plc provides a strong preliminary Q3 trading update