StoneX Group Inc. reported a strong Q4 fiscal 2022, marked by a 50% increase in quarterly operating revenues to $583.4 million and a substantial rise in quarterly net income, reaching $52.3 million. Diluted EPS increased by 592% to $2.49 per share. The company's performance was driven by strong growth across operating segments, increased client engagement, and favorable market conditions, including elevated volatility and increased interest rates.
Quarterly operating revenues increased by 50% to $583.4 million.
Quarterly net income rose significantly, reaching $52.3 million.
Diluted EPS increased by 592% to $2.49 per share.
The company benefited from favorable market conditions, including elevated volatility and increased interest rates.
StoneX is well-positioned in fiscal 2023 to capitalize on the growing value they believe their franchise can deliver to empower their clients across all asset classes.