Financial Information

Financials

	FY20	FY21	FY22	FY23	FY24
Revenue ($M)	1,053	1,056	1,099	1,194	1,232
EBITDA ($M)	656	625	634	688	702
EBITDA margin	62%	59%	58%	58%	57%
Operating profit ($M)	566	531	537	590	606
Operating profit margin	54%	50%	49%	49%	49%
Adjusted net profit ($M) attributable to SGX*	472	447	456	503	526

*Reported (non-adjusted) earnings and Adjusted Earnings are the same for FY2020 and prior years

Average clearing fee per contract¹

	FY21	FY22	FY23	FY24	FY25

Securities (Basis Points)
Q1	2.74	2.57	2.58	2.49 (2.46)³	2.54
Q2	2.69	2.64	2.48	2.46
Q3	2.68	2.54	2.44	2.47
Q4	2.62	2.49	2.47	2.52
Full Year	2.68	2.56	2.49	2.49
Equity, Currency and Commodities Derivatives (SGD)
Q1	1.36	1.45	1.62 [1.55] ²	1.53 (1.30)	1.33
Q2	1.16	1.56	1.55 [1.50]	1.55
Q3	1.38	1.55	1.65 [1.59]	1.54
Q4	1.43	1.49	1.62 [1.58]	1.54
Full Year	1.34	1.51	1.61 [1.56]	1.54

¹From FY2025, average clearing fee per contract is reported net of transaction-based expenses, i.e. processing and royalties.
²Figures in square brackets “[]” represent FY2023 pro-forma Equity, Currency and Commodities Derivatives average clearing fee where Nifty royalties (licensing) expense is netted-off against Trading & Clearing revenues.
³Figures in round bracket “()” represent FY2024 pro-forma average net clearing fee where transaction-based expenses (processing and royalties) is netted-off against Trading & Clearing revenues.

Financial Information

Financial Information