Financial Data and Key Metrics Changes - Grab reported a 21% year-on-year growth in on-demand GMV in U.S. dollars, or 18% on a constant currency basis [6][7] - Adjusted EBITDA growth has been sustained for fourteen consecutive quarters, with trailing twelve months adjusted free cash flow expanding to $229 million [7] - The company achieved a margin of 8.7% for Mobility, nearing its steady state margin target of over 9% [17] Business Line Data and Key Metrics Changes - Mobility transactions grew by 23% year-on-year, with GMV increasing by 19% year-on-year [15] - Delivery GMV accelerated to 19% year-on-year on a constant currency basis, driven by product-led initiatives [22] - GrabFood for One and Saver products contributed significantly to transaction growth, with Saver accounting for 34% of delivery transactions in Q2 [25] Market Data and Key Metrics Changes - The company is actively participating in government initiatives in Indonesia and Thailand to support local economies and tourism [12][13] - Grab's financial services business saw total loan disposals reaching close to $3 billion on an annualized run rate basis in Q2 [7] Company Strategy and Development Direction - Grab is focusing on affordability and product-led innovations to drive user engagement and retention [10][11] - The company aims to sustain growth momentum and accelerate on-demand GMV growth rates relative to 2024 levels [8] - Grab is leaning into the autonomous vehicle opportunity, planning pilots and partnerships to expand its AV services across Southeast Asia [28][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic uncertainties through product-led investments and partnerships with governments [10][11] - The outlook for the second half of the year is positive, with expectations for stronger adjusted EBITDA compared to the first half [13] Other Important Information - Grab's advertising revenue reached a run rate of $236 million, growing at 45%, with significant potential for further growth [70] - The company is committed to achieving steady state margins of over 4% in the delivery segment in the long term [27][51] Q&A Session Summary Question: Outlook for Grab in the macro environment and consumption trends - Management is focused on affordability and has launched products to enhance user engagement, positioning the company well amid macro uncertainties [10][11] Question: Strategies driving increase in mobility transaction frequency - The growth in mobility transactions is attributed to reinvestment in scale economies and product-led growth initiatives [14] Question: Impact of new delivery products on margins - Despite the introduction of affordable products, delivery segment margins have expanded, and the company expects to reach steady state margins of over 4% [26][51] Question: Contribution mix between premium and affordable rides - Saver rides now account for one-third of mobility transactions, while premium rides are also growing, indicating a balanced approach to pricing [52] Question: Competition in food delivery and capital allocation - Management acknowledged competitive dynamics but emphasized Grab's scale and reinvestment strategy to maintain growth [40][41] Question: Expectations for advertising revenue growth - The advertising business is expected to continue growing due to increased penetration among merchants and high returns on advertising spend [72] Question: Financial services loan portfolio growth - The loan portfolio is projected to exceed $1 billion by year-end, driven by strong product offerings and risk management strategies [84][86]

Financial Data and Key Metrics Changes - For Q2 2025, consolidated revenue was $684 million, and first half revenue was $1.5 billion, reflecting a 6366% increase, largely driven by the Marcom acquisition [15] - Adjusted EBITDA for Q2 increased by 128% to $66 million, and more than doubled to $356 million for the first half [16] - Adjusted EBITDA margin was 17% for the quarter and 23% year to date, an increase of nearly 500 basis points compared to last year [17] - Adjusted diluted earnings per share for Q2 increased by 64% to $0.95, and for the first half, it increased by 47% to $3.26 [19] Business Line Data and Key Metrics Changes - Financial Services segment revenue for Q2 was $570 million, up approximately 84%, with adjusted EBITDA more than doubling to $111 million, a margin of 20% [20] - Benefits and Insurance segment revenue was $102 million in Q2, up approximately 5%, with adjusted EBITDA of $20 million, a 21% increase [21] Market Data and Key Metrics Changes - Year-to-date organic revenue for core services in Benefits and Insurance and Accounting and Tax Services grew by low single digits, while the National Practice segment grew by 13% [6] - Year-to-date rate increases averaged about 4%, which is 200 to 300 basis points below expectations, creating a headwind of about $75 million for the full year [9] Company Strategy and Development Direction - The Marcom acquisition is viewed as a significant strategic decision, enhancing the company's position in key U.S. markets and expanding its client base [12] - The company aims to maintain a disciplined approach to capital allocation, focusing on deleveraging to 2.5 times or below by 2026 [22][23] Management's Comments on Operating Environment and Future Outlook - The current economic climate has impacted market-sensitive areas, with clients prioritizing cost controls and waiting for more stable conditions before investing in discretionary services [6][8] - Management expects continued steady demand for core recurring essential businesses, despite ongoing headwinds in nonrecurring services [10] Other Important Information - The company ended the quarter with approximately $1.6 billion in net debt, representing 3.7 times leverage, and approximately $400 million of available liquidity [23] - The company has repurchased approximately 1 million shares at a value of approximately $71 million during the second quarter [24] Q&A Session Summary Question: Advisory business performance and guidance - Management indicated that the guidance for the rest of the year suggests the second half will look much like the first half, with clients remaining cautious in a challenging environment [31][32] Question: Pricing pushback and structural limits - Management believes the pricing pushback is market-driven and not indicative of reaching structural limits, with optimism for future pricing improvements as market conditions stabilize [38][39] Question: Integration costs and synergies - Integration costs are expected to remain around $75 million for the year, with ongoing efforts to realize synergies exceeding initial expectations [50][45] Question: Free cash flow and leverage targets - The company anticipates a similar cash flow profile moving forward, with a notable use of working capital in the first quarter and aims to achieve 2.5x leverage by 2026 [54][55] Question: Client feedback on the Markham transaction - Management reported positive feedback regarding team quality and collaboration, with adjustments made to improve client experiences during the integration process [57][66]

Company Overview - StoneX Group Inc. operates a global financial services network connecting companies, organizations, traders, and investors to the market ecosystem through digital platforms and execution services [3] - The company is headquartered in New York City and is listed on the Nasdaq Global Select Market (NASDAQ: SNEX) [3] - StoneX serves over 54,000 commercial, institutional, and global payments clients, along with more than 400,000 self-directed/retail accounts from over 80 offices across six continents [3] Upcoming Financial Results - StoneX will release its fiscal 2025 third quarter results after market close on August 5, 2025 [1] - A conference call to review these results will take place on August 6, 2025, at 9:00 a.m. Eastern Time [1] Conference Call Details - A live web cast of the conference call will be available, along with additional information in PDF form on the company's website [2] - Participants can preregister for the conference call approximately ten minutes before the start time [2] - A replay of the call will be accessible for those unable to attend the live broadcast [2]

Japan’s financial industry is looking to tighten oversight of trading in government bond futures, after Nomura joined a list of brokerages fined for manipulating the instruments https://t.co/bkKLPVifgX ...

Financial Performance - Robinhood's Q2 revenue reached $989 million, a 45% year-over-year increase, surpassing the estimated $921.5 million [1] - Net income for Q2 rose to $386 million, or $0.42 per share, exceeding expectations [1] Revenue Breakdown - Crypto-related revenue increased 98% to $160 million, slightly below the $162.1 million forecast [1]

Robinhood Beats Q2 Expectations Despite Sagging Crypto Revenue► https://t.co/tnzYT2PLfv https://t.co/tnzYT2PLfv ...

Company Overview - Bluemount Holdings Limited is a Hong Kong-based consulting and advisory and financial services provider, as well as a trader of commodities such as luxury timepieces [6] - The company offers comprehensive consulting and advisory services on business development strategies and focuses on underwriting, securities dealing, brokerage, and asset management services [6] Initial Public Offering (IPO) Details - The underwriter of Bluemount's IPO has partially exercised their over-allotment options to purchase an additional 140,000 Class B Ordinary Shares at a public offering price of $4.00 per share, resulting in additional gross proceeds of $560,000 [1] - After the partial exercise, the total number of shares sold in the Offering increased to 1,515,000 Class B Ordinary Shares, with total gross proceeds rising to $6,060,000 before deducting underwriting discounts and other expenses [2] - The Offering was conducted under the company's registration statement on Form F-1, which was filed with the U.S. Securities and Exchange Commission (SEC) on March 17, 2025, and declared effective on June 30, 2025 [3] Trading Information - Bluemount's Class B Ordinary Shares began trading on the Nasdaq Capital Market on July 11, 2025, under the symbol "BMHL" [2] - Dominari Securities LLC acted as the representative of the underwriters, with Pacific Century Securities, LLC and Revere Securities LLC serving as co-underwriters [2]

Robinhood posted second-quarter revenue that beat Wall Street estimates, boosted by strength in cryptocurrency trading https://t.co/FwBZqD5P16 ...

Robinhood’s Q2 crypto volume jumps 32% as firm pushes tokenization, Bitstamp deals https://t.co/DAle18uM87 ...

Core Viewpoint - Roma Green Finance (ROMA) experienced a 5.19% increase in stock price, reaching $4.05 per share, with a total market capitalization of $48.45 million as of July 31 [1] Financial Performance - As of September 30, 2024, Roma Green Finance reported total revenue of HKD 3.1698 million, a year-on-year decrease of 37.58% [1] - The company recorded a net profit attributable to shareholders of -HKD 17.354 million, reflecting a significant year-on-year decline of 887.93% [1] Company Overview - Roma Green Finance Limited is a Cayman Islands-registered holding company, primarily operated by its domestic subsidiary, Roma Risk Consulting Limited [1] - Roma Risk Consulting Limited offers a diverse range of high-level professional services, including enterprise risk consulting, sustainable development strategy consulting, climate risk consulting, environmental, social, and governance (ESG) reporting services, and sustainable finance services [1]