Electronic trading major IG Group Holdings plc (LON:IGG) today announced its results for the 12 months ended 31 May 2025 (“FY25”).

Total revenue amounted to £1,075.9 million, up 9% on the prior year (FY24: £987.3 million), reflecting supportive market conditions and good initial progress implementing IG’s strategy.

Net trading revenue reached £942.8 million (FY24: £844.9 million), up 12%, within which tastytrade net trading revenue was up 21% in US Dollars.

Net interest income of £133.1 million (FY24: £142.4 million) decreased 6% from the year before, reflecting lower interest rates on stable cash balances.

Adjusted profit before tax totalled £535.8 million (FY24: £456.3 million), up 17% at a margin of 49.8% (FY24: 46.2%). Statutory profit before tax amounted to £499.2 million (FY24: £400.8 million), up 25%.

IG reported adjusted basic EPS of 114.1 pence (FY24: 90.3 pence), up 26% on FY24. Statutory basic EPS were 106.3 pence (FY24: 79.4 pence).

IG today announced the Group’s intention to launch a new share buyback of £125 million in H1 FY26, subject to share price performance and other demands on capital.

During FY25, IG marked a number of strategic and operational milestones.

IG completed the acquisition of Freetrade on 1 April 2025, enhancing its UK direct-to-customer stock trading and investments proposition. Freetrade performed strongly in FY25, with total revenue up 22% to £29.1 million and contributing £4.8 million to Group revenue in the two months since completion.

Active customers increased 137% to 820,000 driven by the acquisition of Freetrade which added 457,300 active customers. On an organic basis, active customers increased 5% to 362,800 (FY24: 346,200).

Group first trades increased 26% to 88,400, including 5,400 attributable to Freetrade. On an organic basis, first trades increased 19% to 83,000 (FY24: 69,900).

IG exited multiple legacy and sandbox initiatives not delivering acceptable returns, including Spectrum, Brightpool, Raydius, Bad Trader, Small Exchange and its commercial operations in South Africa.

Breon Corcoran, Chief Executive Officer, commented:

“In the first year implementing our strategy, we have made good initial progress delivering on our priorities of improving our product, embedding a high-performance culture and enhancing efficiency. I am pleased that we are getting closer to our customers and accelerating product velocity which is translating into stronger customer acquisition.

“During the year, we also reshaped our senior leadership team with new managing directors for three of our five commercial divisions. These leaders have already had a significant impact, enhancing performance and accelerating change by strengthening our high-performance culture.

“Looking forward, we are confident of meeting market expectations for total revenue and cash EPS in FY26. Beyond FY26, we expect total revenue to compound in a mid-to-high single-digit percentage range per annum on an organic basis, accelerating within this range over time, with cost discipline.”