Marex Group plc ( (MRX) ) has issued an update.
On March 21, 2025, Marex Group plc released its 2024 Group Annual Report and Accounts, highlighting a year of significant achievements, including a successful public market debut on Nasdaq in April 2024. The company reported strong financial performance with a revenue of $1,594.7 million and a profit before tax of $295.8 million, marking its tenth consecutive year of profitable growth. Marex also expanded its capabilities and geographic reach, increased its public free float to over 50%, and maintained investment-grade credit ratings. The IPO was a major milestone, providing additional capital for growth and affirming the company’s progress and market positioning.
More about Marex Group plc
Marex Group plc is a diversified global financial services platform that provides liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets. The company operates through four main business segments: Hedging and Investment Solutions, Clearing, Market Making, and Agency and Execution, serving a wide range of asset classes. Marex has a significant global footprint with over 40 offices in 18 countries, focusing on expanding its presence in the Middle East, the Americas, and Asia Pacific.
YTD Price Performance: 8.71%
Average Trading Volume: 401,568
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.32B
See more data about MRX stock on TipRanks’ Stock Analysis page.
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