Strong Revenue GrowthSustained, high double‑digit revenue growth and a reported doubling year-over-year reflect expanding market adoption and product uptake. For an exchange, durable top-line expansion supports reinvestment in infrastructure, scale economics, and resilience across business cycles.
Robust Cash GenerationStrong operating cash flow and high free cash flow conversion indicate the business converts profits into cash reliably. This durable cash generation funds tech and compliance investment, supports capital returns or opportunistic M&A, and reduces refinancing risk during downturns.
Low Financial LeverageA low debt profile and strong equity base provide financial flexibility to invest in exchange infrastructure, meet regulatory capital requirements, and absorb shocks. This structural strength reduces default risk and preserves strategic optionality over the medium term.