IG Group (IGG) Q1 2025 TU earnings summary

Executive summary

• Q1 FY25 revenue rose 15% year-on-year to £278.9 million, driven by higher revenue per client amid increased market volatility in early August.

• Active clients declined 1% year-on-year to 263,200.

Financial highlights

• OTC derivatives revenue grew 14% to £208.1 million compared to Q1 FY24.

• Exchange traded derivatives revenue increased 20% to £59.6 million year-on-year.

• Stock trading and investments revenue rose 8% to £11.2 million.

• Net interest income reached £36.8 million, up from £34.4 million in Q1 FY24.

Outlook and guidance

• FY25 performance expected to align with market expectations.

• Next scheduled announcement: half year FY25 results in January 2025.