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StoneX Group Inc. [SNEX] reports $238.5M profit for year ended Sep 30, 2023

StoneX Group Inc. [SNEX] reports $238.5M profit for year ended Sep 30, 2023

The company records $2,914.1M revenue

By USInMinutes
Published - Dec 12, 2023, 11:00 AM ET
Last Updated - Dec 12, 2023, 11:00 AM EST

StoneX Group Inc. [SNEX] has reported $238.5M profit for year ended Sep 30, 2023.

The New York, New York based company recorded net profit of $238.5M on operating income of $1,621.0M. Earnings per share rose to $11.2.

In the 12 months ended September 30, 2023, the company reported total revenues of $60,856.1 million, compared to $66,036.0 million in the same period last year. The cost of goods sold for physical commodities was $57,942.0 million, higher than the previous year's $63,928.6 million. Net income for the current reporting period was $238.5 million, an increase from $207.1 million in the previous year. Earnings per share for the basic and diluted figures were $11.55 and $11.18, respectively, compared to $10.27 and $10.01 in the previous year. These positive financial indicators demonstrate the company's growth and improved profitability.

 
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