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Marex Group plc (MRX) is a global financial services leader providing liquidity and market infrastructure across commodities, energy, and financial markets. This news hub offers investors and professionals centralized access to official announcements and market developments.
Find timely updates on earnings reports, strategic partnerships, and regulatory milestones that shape MRX's operations in clearing, market making, and hedging solutions. Our curated feed includes press releases on exchange expansions, technology investments, and client-focused initiatives across all business segments.
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Marex Group (NASDAQ: MRX) has scheduled its fiscal 2025 first quarter earnings release for Thursday, May 15, 2025, before the market opens. The company will make the earnings report and supplementary materials accessible through their investor relations website. A conference call discussing the results will be held the same day at 9:00 AM ET, with registration available for analysts and investors who wish to participate.
Marex Group plc (Nasdaq: MRX) has announced the pricing of its public offering at $35.50 per share. The offering consists of 10,283,802 ordinary shares being sold by certain selling shareholders, who have also granted underwriters a 30-day option to purchase up to an additional 1,542,570 ordinary shares.
The company itself is not selling any shares and will not receive any proceeds from the offering. The transaction is expected to close on April 17, 2025. Goldman Sachs, Barclays, and Jefferies are serving as lead book-running managers, while UBS Investment Bank, Keefe, Bruyette & Woods, Piper Sandler, TD Securities, and Berenberg are acting as bookrunners for the offering.
Marex Group plc (Nasdaq: MRX) has announced a public offering of ordinary shares by its selling shareholders. The offering consists of 8,500,000 ordinary shares, with an additional 30-day option for underwriters to purchase up to 1,275,000 additional shares.
The company itself is not selling any shares and will not receive any proceeds from the offering. Goldman Sachs & Co. , Barclays, and Jefferies are serving as lead book-running managers for the proposed offering.
The offering will be conducted through a prospectus, and a registration statement has been filed with the SEC, pending effectiveness. The sale of securities cannot commence until the registration statement becomes effective.
Marex Group has completed the acquisition of Aarna Capital, marking a significant expansion into the Middle East market. The Abu Dhabi-based Aarna Capital specializes in clearing, execution, and customized risk management solutions across multiple sectors including energy, base and ferrous metals, equities, fixed income, and FX.
This strategic acquisition aligns with Marex's objectives to broaden its client base, diversify operations, and enhance earnings resilience, while strengthening its clearing business presence in the region.
Marex Group plc (Nasdaq: MRX) reports strong preliminary Q1 2025 results, with expected revenues of $449.3-464.3 million compared to $365.8 million in Q1 2024. The company projects Adjusted Profit Before Tax of $92.3-97.3 million, up from $67.7 million in Q1 2024.
The financial services platform experienced robust client activity across its businesses, particularly in Prime Services and Energy segments. The company's diversification strategy has helped offset lower net interest income from the current interest rate environment.
Key metrics show improvement with Profit After Tax Margin expected at 16% (vs 12% in Q1 2024) and Adjusted Basic Earnings per Share projected between $0.94-0.99 (vs $0.74 in Q1 2024).
Marex Group (Nasdaq: MRX) reported strong Q4 and full-year 2024 results, with Adjusted Profit Before Tax rising 40% to $321.1 million on a 28% revenue increase. The company's Q4 performance showed revenue growth of 28% to $415.6 million.
Key financial highlights include:
- Net commission income up 25% to $226.0 million in Q4
- Net trading income increased 15% to $128.1 million in Q4
- Net interest income grew 107% to $62.6 million in Q4
- Average invested assets increased 12% to $15.5 billion
The company successfully completed its IPO on Nasdaq in April and conducted a secondary placing in October, increasing public float to 52%. Marex announced a dividend of $0.14 per share to be paid in Q1 2025. The company reported a strong start to 2025 with continued positive momentum in the first two months.
Marex Group plc (NASDAQ: MRX) has scheduled two important investor events. The company will release its fourth quarter and full year 2024 financial results before market open on March 6, 2025, followed by a conference call at 9am ET on the same day. The earnings release and supplementary materials will be accessible through the company's investor relations website.
Additionally, Marex will host an investor day on April 2, 2025, in New York City. Analysts and investors interested in participating in the earnings conference call can register through the provided link.
Marex Group plc (Nasdaq: MRX) reported strong results for Q3 and 9M 2024, ending on September 30, 2024. Key financial highlights include:
Q3 2024:
- Revenue: $391.2m, up 32% YoY
- Profit Before Tax: $79.0m, up 66% YoY
- Profit After Tax: $58.4m, up 80% YoY
- Basic EPS: $0.78, up 77% YoY
9M 2024:
- Revenue: $1,179.1m, up 28% YoY
- Profit Before Tax: $218.0m, up 39% YoY
- Profit After Tax: $161.3m, up 42% YoY
- Basic EPS: $2.20, up 40% YoY
The company upgraded its full-year 2024 guidance, now expecting Adjusted Operating Profit between $300m-$305m. Strategic investments included acquisitions of Aarna Capital, Hamilton Court Group, Dropet, and a carbon credit partnership with Key Carbon. Marex also completed a successful secondary equity placement and issued $600m in 5-year senior unsecured notes. A dividend of $0.14 per share will be paid in Q4 2024.
Marex Group plc (Nasdaq: MRX) has announced the pricing of a U.S.$600 million Senior Notes offering with a 6.404% interest rate, due 2029. The Notes will be issued at 100% of principal value and will be senior unsecured obligations. The offering is expected to close around November 4, 2024. The company plans to use the proceeds for working capital, incremental growth funding, and general corporate purposes. The offering received strong investor interest, reflecting market confidence in Marex's prudent capital profile and business model.
Marex Group plc (Nasdaq: MRX) has announced the pricing of its public offering at $24.00 per share. The offering consists of 8,472,333 ordinary shares being sold by existing shareholders, with an additional 30-day option for underwriters to purchase up to 1,270,849 shares. The company itself is not selling any shares and will not receive any proceeds from the offering. The closing is expected on October 25, 2024. The offering is led by joint book-running managers Barclays, Goldman Sachs, Jefferies, and Keefe, Bruyette & Woods, with additional bookrunners and co-managers participating.
