CMC Markets Lifts FY2027 Guidance on B2B Momentum

FY2027 NOI Guidance

£550 million

CMC Markets' revised net operating income guidance for FY2027.

Previous NOI Guidance Range

£460 million to £480 million

The previous range of net operating income guidance before the upgrade.

EBITDA Guidance

£250 million

The EBITDA guidance provided by CMC Markets for FY2027.

§ 01 Executive Snapshot

What: CMC Markets raises FY2027 net operating income guidance significantly.
Who: CMC Markets PLC, a London-listed trading and investment platform provider.
Why it matters: The upgrade reflects strong momentum in the B2B division, indicating potential for sustained growth and improved profitability.

CMC Markets expects net operating income (NOI) for FY2027 to be no less than £550 million, up from previous guidance of £460 million to £480 million.
The company introduced an EBITDA guidance of £250 million for FY2027.
Operating expenses guidance remains unchanged at approximately £280 million, allowing for improved margins through operational gearing.

The increased guidance is a direct result of significant growth in CMC's B2B operations, which the company described as having experienced "exponential and exceptional growth" in FY2026.
CMC's ability to generate income growth against largely fixed expenses is a critical factor in its improving margins, showcasing effective cost management within a growing revenue framework.

The immediate consequence is a bullish outlook for CMC Markets, positioning it favorably against competitors in the B2B trading space.
Long-term implications suggest a robust pipeline for new B2B partnerships, indicating potential for sustained revenue growth and market expansion.

Potential risks include market volatility that could impact B2B demand and execution of anticipated milestones.
Competition in the B2B trading space could pose challenges to maintaining growth momentum and securing new partnerships.

Key milestones for CMC Markets are anticipated over the next 12 months, which will be critical for validating its growth strategy.
The next trading update is scheduled for 19 November 2026, which will provide further insights into the company’s performance and strategic direction.

§ 07

What is CMC Markets' new guidance for FY2027?

CMC Markets expects net operating income for FY2027 to be no less than £550 million, up from previous guidance of £460 million to £480 million.

Why did CMC Markets raise its FY2027 guidance?

The upgrade reflects strong momentum in the B2B division, indicating potential for sustained growth and improved profitability.

How does CMC Markets plan to improve its margins?

CMC Markets aims to improve its margins through effective cost management, generating income growth against largely fixed expenses.

When is the next trading update for CMC Markets?

The next trading update is scheduled for 19 November 2026, which will provide further insights into the company’s performance.