StoneX Group Inc. reported strong financial results for the fiscal year 2020 fourth quarter, with a 19% increase in quarterly operating revenues to $342.1 million and a 185% increase in net income to $77.4 million. The company's diluted EPS stood at $3.90 per share, and ROE reached 42.5%. The results were boosted by the acquisition of Gain Capital Holdings, Inc. and a gain on acquisition.
StoneX Group Inc. reported a 19% increase in quarterly operating revenues, reaching $342.1 million.
The company's net income increased by 185% to $77.4 million.
Diluted EPS for the quarter was reported at $3.90 per share, with an ROE of 42.5%.
The acquisition of Gain Capital Holdings, Inc. contributed to the company's strong performance and included a significant gain on acquisition.
The conference call discussing the company’s financial results will be held on December 10, 2020, at 9:00 a.m. Eastern time and may include discussion of Company developments, and forward-looking and other material information about business and financial matters.
Visualization of income flow from segment revenue to net income