ASX sees net profit decline in FY24

ASX sees net profit decline in FY24

ASX today posted its financial results for the fiscal year to June 30, 2024.

ASX delivered FY24 operating revenue of $1.03 billion, a 2.4% increase on the prior corresponding period (pcp) and a record revenue performance for ASX.

Performance across ASX’s four lines of business was mixed, with growth in Markets and Technology & Data offset by lower contributions from Listings and Securities & Payments. Markets revenue was $315.4 million, up 7.9%, reflecting higher futures volumes with significant growth in the traded volumes of 90 day bank bill futures, and 3 year and 10 year treasury bond futures in particular. Technology & Data revenue was up 5.9% to $255.1 million, driven by an increase in equities and futures market data distribution, and growth in customer connections at the Australian Liquidity Centre (ALC).

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