NZX ( (NZSTF) ) has released its Q4 earnings. Here is a breakdown of the information NZX presented to its investors.
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NZX Limited operates New Zealand’s listed markets, providing trading, clearing, settlement, depository, and information services, and is a prominent player in the financial sector with a focus on expanding its product range and enhancing operational efficiency. The 2024 annual report reveals significant growth across various segments, including a robust increase in operating earnings and funds under management. The company achieved an 88.1% increase in net profit after tax, reflecting strong market activity and favorable economic conditions. Notable achievements include a 22.9% rise in total value traded and substantial growth in its Smart and Wealth Technologies divisions. NZX is actively engaging with the government to foster capital market reforms, aiming to enhance market liquidity and investment opportunities. Looking forward, NZX is poised for continued growth, driven by strategic partnerships and a focus on developing its financial infrastructure, contributing to New Zealand’s economic prosperity.