Record Quarter for Start of Fiscal 2025
StoneX reported a record quarter with net income of $85.1 million and diluted EPS of $2.54, representing 23% and 19% growth over the prior year quarter.
Strong Growth in Operating Revenues
Operating revenues reached $944.3 million, up 20% year-over-year and 3% quarter-over-quarter.
Expansion in Physical Contracts
Operating revenues from physical contracts increased by 80% compared to the prior year, driven by strong growth in precious metals and physical ag and energy businesses.
Self-Directed Retail Segment Performance
The self-directed retail segment achieved record net operating revenues up 41% and segment income up 98%.
Strategic Acquisitions and Expansions
StoneX completed several strategic acquisitions, including Oktop Finance and JBR Recovery, and received approval to operate a digital asset business in Europe.
Payments Segment Growth
The payments segment saw a 20% increase in operating revenue on the immediately preceding quarter with significant growth in transaction volumes.