CMC Markets Plc (CMCX), a U.K.-based financial services business on Thursday said that consistent with the fiscal 24 results, performance in the first quarter of fiscal '25 was in line with management's expectations.
The company guidance remains unchanged and net operating income is expected between 320 and 360 million pounds in fiscal 25 on a cost base, excluding variable remuneration and non-recurring charges, of approximately 225 million pounds.
In relation to the company's partnership with Revolut, the company stated that the initial onboarding of Revolut clients has commenced and that some clients are now live and trading.
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