Financial and Business News

IG Group Beats Estimates in FY25, Net Profit Jumps 24% to £380 Million

Thursday, 24/07/2025 | 07:05 GMT by Arnab Shome
  • The broker generated £1.07 billion in total revenue, with trading activities accounting for £942.8 million.
  • The number of active customers on the platform rose to 820,000, boosted by the Freetrade acquisition.
IG group logo (shutterstock)

IG Group (LON: IGG) closed fiscal year 2025 with total revenue of more than £1.07 billion, up 9 per cent year on year. Net trading revenue stood at £942.8 million, a 12 per cent increase.

A Strong Year for IG

The London-listed company also posted a strong bottom line. Adjusted pre-tax profit rose 17 per cent to £535.8 million. After taxes, net profit was £380.4 million, up 24 per cent.

According to consensus estimates, IG was expected to generate total revenue of between £1.03 billion and £1.05 billion for FY25, with adjusted pre-tax profit forecast in the range of £489.1 million to £516.3 million.

Basic earnings per share came in at 106.3 pence, up 34 per cent from the previous year. The adjusted figure was also 34 per cent higher, at 114.1 pence.

Related: IG Group to Offer Crypto Trading to Retail Clients

The results included performance for April, when markets became highly volatile due to Donald Trump’s tariff policies. IG earlier said it “performed strongly in Q4 FY25 as elevated volatility across a range of asset classes, particularly in April, resulted in higher levels of client trading activity than expected in typical market conditions.”

Key financial metrics of IG Group:

£ million (unless stated)

FY25

FY24

% change

Net trading revenue

942.8

844.9

12%

Total revenue

1,075.9

987.3

9%

Adjusted total operating costs

(574.2)

(564.1)

2%

Adjusted profit before tax

535.8

456.3

17%

Adjusting items

(36.6)

(55.5)

(34%)

Statutory profit after tax

380.4

307.7

24%

Basic earnings per share (p)

106.3

79.4

34%

Adjusted basic earnings per share (p)

114.1

90.3

26%

Total dividend per share (p)

47.2

46.2

2%

Freetrade Boosted the Numbers

IG acquired Freetrade in a £160 million cash deal. The subsidiary generated £29.1 million in revenue last fiscal year, a 22 per cent year-on-year increase, and contributed £4.8 million to group revenue since the deal’s closure.

Read more: IG Group to Exit South Africa

Breon Corcoran, the CEO of IG Group
Breon Corcoran, CEO of IG Group

Meanwhile, the number of active customers on IG’s platforms rose by 137 per cent to 820,000. The jump was mainly due to the Freetrade acquisition, which added 457,300 active customers.

IG also reported a 5 per cent organic increase in active customers over the year, reaching 362,800.

“I am pleased that we are getting closer to our customers and increasing product velocity, which is translating into stronger customer acquisition,” said Breon Corcoran, CEO of IG Group.

However, IG also revealed that it has exited several legacy and sandbox initiatives, including Spectrum, Brightpool, Raydius, BadTrader and Small Exchange, due to their low impact and limited potential growth.

“Looking ahead, we are confident of meeting market expectations for total revenue and cash EPS in FY26,” Corcoran added. “Beyond FY26, we expect total revenue to grow at a mid-to-high single-digit percentage rate per year on an organic basis, increasing within this range over time, with cost discipline.”

IG Group (LON: IGG) closed fiscal year 2025 with total revenue of more than £1.07 billion, up 9 per cent year on year. Net trading revenue stood at £942.8 million, a 12 per cent increase.

A Strong Year for IG

The London-listed company also posted a strong bottom line. Adjusted pre-tax profit rose 17 per cent to £535.8 million. After taxes, net profit was £380.4 million, up 24 per cent.

According to consensus estimates, IG was expected to generate total revenue of between £1.03 billion and £1.05 billion for FY25, with adjusted pre-tax profit forecast in the range of £489.1 million to £516.3 million.

Basic earnings per share came in at 106.3 pence, up 34 per cent from the previous year. The adjusted figure was also 34 per cent higher, at 114.1 pence.

Related: IG Group to Offer Crypto Trading to Retail Clients

The results included performance for April, when markets became highly volatile due to Donald Trump’s tariff policies. IG earlier said it “performed strongly in Q4 FY25 as elevated volatility across a range of asset classes, particularly in April, resulted in higher levels of client trading activity than expected in typical market conditions.”

Key financial metrics of IG Group:

£ million (unless stated)

FY25

FY24

% change

Net trading revenue

942.8

844.9

12%

Total revenue

1,075.9

987.3

9%

Adjusted total operating costs

(574.2)

(564.1)

2%

Adjusted profit before tax

535.8

456.3

17%

Adjusting items

(36.6)

(55.5)

(34%)

Statutory profit after tax

380.4

307.7

24%

Basic earnings per share (p)

106.3

79.4

34%

Adjusted basic earnings per share (p)

114.1

90.3

26%

Total dividend per share (p)

47.2

46.2

2%

Freetrade Boosted the Numbers

IG acquired Freetrade in a £160 million cash deal. The subsidiary generated £29.1 million in revenue last fiscal year, a 22 per cent year-on-year increase, and contributed £4.8 million to group revenue since the deal’s closure.

Read more: IG Group to Exit South Africa

Breon Corcoran, the CEO of IG Group
Breon Corcoran, CEO of IG Group

Meanwhile, the number of active customers on IG’s platforms rose by 137 per cent to 820,000. The jump was mainly due to the Freetrade acquisition, which added 457,300 active customers.

IG also reported a 5 per cent organic increase in active customers over the year, reaching 362,800.

“I am pleased that we are getting closer to our customers and increasing product velocity, which is translating into stronger customer acquisition,” said Breon Corcoran, CEO of IG Group.

However, IG also revealed that it has exited several legacy and sandbox initiatives, including Spectrum, Brightpool, Raydius, BadTrader and Small Exchange, due to their low impact and limited potential growth.

“Looking ahead, we are confident of meeting market expectations for total revenue and cash EPS in FY26,” Corcoran added. “Beyond FY26, we expect total revenue to grow at a mid-to-high single-digit percentage rate per year on an organic basis, increasing within this range over time, with cost discipline.”

About the Author: Arnab Shome
Arnab Shome
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Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.

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