IG Group profit up 25% in FY 2025 on strong trading income and strategic expansion
IG Group Holdings plc has announced strong financial results for the fiscal year ended 31 May 2025 (FY25), supported by rising trading revenues and successful strategic initiatives, including the acquisition of Freetrade.
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The report revealed that IG Group’s total revenue rose 9% year over year, reaching £1.08 billion, up from £987.3 million in FY24. A key driver behind this increase was net trading revenue, which climbed 12% to £942.8 million, fueled by higher customer activity and product enhancements. Notably, net trading revenue from the Group’s US subsidiary, tastytrade, grew 21% in US dollar terms, highlighting the company’s expanding presence in North America.
However, net interest income declined by 6% to £133.1 million due to lower interest rates, although this was more than offset by overall trading activity.
Profit and EPS show significant growth
Statutory profit before tax rose 25% to £499.2 million, up from £400.8 million the previous year. Adjusted profit before tax, which excludes one-off expenses, increased 17% to £535.8 million, resulting in an improved adjusted margin of 49.8%.
Statutory basic earnings per share (EPS) rose 34% to 106.3 pence, while adjusted EPS jumped 26% to 114.1 pence, driven by both higher profitability and a reduced share count due to buybacks.
Shareholder returns and capital position
In FY25, IG Group returned a total of £397.5 million to shareholders through dividends and share repurchases. The company has proposed a full-year dividend of 47.2 pence per share, up 2% from FY24, and announced a new £125 million share buyback programme, set to launch in the first half of FY26, subject to capital availability and market conditions.
The Group’s capital reserves remain solid, with regulatory capital resources standing at £847.2 million, significantly above the minimum requirement of £295.5 million.
Freetrade acquisition and customer growth
IG completed the acquisition of UK-based trading app Freetrade on 1 April 2025. In just two months, Freetrade contributed £4.8 million to Group revenue. Overall, IG’s active customer base surged 137% to 820,000, with Freetrade accounting for 457,300 of those accounts. Excluding the acquisition, IG still achieved 5% organic growth in active customers.
First trades—a key metric of new customer activity—increased 26% to 88,400, including 5,400 from Freetrade. Organically, first trades rose 19%.
Outlook
CEO Breon Corcoran expressed confidence in meeting market expectations in FY26. He added that beyond FY26, the company expects total revenue to grow organically at a mid-to-high single-digit rate annually. Efforts to scale digital servicing and maintain cost discipline are expected to support profitability and operating leverage.
IG Group’s FY25 results underscore its resilience, strategic clarity, and ability to execute in a competitive financial services landscape.
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