Financial Information

Financial Information

Financials

S$M unless otherwise stated FY21FY22FY23FY24FY25
Operating revenue1,0561,0991,1941,2321,371
Net revenue1 9931,0301,1211,1621,298
EBITDA  625634688702828
EBITDA margin2 (%) 63%62%61%60%64%
Operating profit531537590606743
Operating profit margin2 (%)53%52%53%52%57%
Adjusted net profit attributable to equity holders of the company 447456503526610

1

The presentation of revenue and expenses has been revised in FY2025 such that transaction-based expenses are netted-off against operating revenue to show net revenue. Net revenue for FY2021-FY2023 is calculated as operating revenue less processing and royalties, as a proxy.

2

EBITDA margin and operating profit margin are calculated on net revenue basis. 

 

           

1

     

2

     

3

 

Average fee per contract1

 FY22FY23FY24FY25FY26
      
Securities Clearing (Basis Points)
Q12.572.582.49 (2.46)32.542.61
Q22.642.482.46 (2.44)2.61 2.62
Q32.542.442.47 (2.45)2.58 
Q42.492.472.52 (2.50)2.63 
Full Year2.562.492.49 (2.46)2.59 
Equity, Currency and Commodity Derivatives (SGD)
Q11.451.62 [1.55] 21.53 (1.30) 1.331.29
Q21.561.55 [1.50]1.55 (1.32)1.271.26
Q31.551.65 [1.59]1.54 (1.31)1.31 
Q41.491.62 [1.58]1.54 (1.32)1.24 
Full Year1.51  1.61 [1.56]1.54 (1.31)1.29 

1

From FY2025, average fee per contract is reported net of transaction-based expenses, i.e. processing and royalties. 

2

Figures in square brackets “[]” represent FY2023 pro-forma Equity, Currency and Commodity Derivatives average fee where Nifty royalties (licensing) expense is netted-off against Trading & Clearing revenues. 

3

Figures in round bracket “()” represent FY2024 pro-forma average net fee where transaction-based expenses (processing and royalties) is netted-off against Trading & Clearing revenues.