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]
Marex Group plc(MRX) - 2025 Q1 - Earnings Call Presentation