ASX Limited Reports Solid Earnings and Strategic Advances

ASX Limited ( (ASXFF) ) has released its Q2 earnings. Here is a breakdown of the information ASX Limited presented to its investors.

ASX Limited is a prominent multi-asset exchange group operating a significant portion of the financial market infrastructure in Australia and New Zealand, offering a comprehensive suite of services across listings, trading, clearing, settlement, and data technology. In its latest earnings report for the first half of FY25, ASX Limited reported a solid performance with operating revenue increasing by 5.9% to $541.9 million, driven by growth across its Markets, Technology & Data, and Securities & Payments segments, while maintaining stability in its Listings business. The company’s underlying net profit after tax rose by 10.1% to $253.7 million, and underlying earnings per share reached 130.9 cents, reflecting a 10.0% increase compared to the prior period. Additionally, ASX announced a significant milestone in its CHESS system upgrade, with plans to implement the second release by 2029, emphasizing its commitment to technology modernization and regulatory risk management. Looking forward, ASX Limited aims to continue its strategic focus on technological upgrades and regulatory compliance, ensuring long-term value for shareholders amid ongoing economic challenges and regulatory scrutiny.