Admiral Markets AS audited annual report 2024

Admiral Markets AS audited annual report 2024 Despite lower client activity, Admirals Markets AS delivered resilient trading income and positive net profit through effective cost control measures.    Net trading income increased by 48% to EUR 13.5 million (2023: EUR 9.1 million) being supported by higher volatility on the financial markets.Total operating expenses decreased by 26% to EUR 13.7 million (2023: EUR 18.5 million).EBITDA was EUR 1.1 million (2023: EUR -6...

Tallinn, 30/04/2025 (informazione.news - comunicati stampa - servizi)

Although the income was supported by higher volatility in financial markets, Admirals Group's cost optimisation effort was partly muted due to voluntary suspension of new client registrations in the Cyprus based operating company Admirals Europe Ltd. This company acts as the primary service entity of the Group in the EU which is one of the core markets for the Group's business. The suspension started in April 2024 is voluntary and temporary in nature and it was necessary to allow for the implementation of required technical and organisational measures to ensure satisfactory alignment of Group's product governance efforts with objectives and needs of it's European clients. Following the successful completion of these measures, the onboarding of new clients in the EU was resumed in March 2025.

Statement of Financial Position

Statement of Comprehensive Income

Additional information: 

Lauri Reinberg 
Chief financial officer of Admirals Group AS
lauri.reinberg@admiralmarkets.com 
+372 6309 300
https://www.admirals.group/

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