Market announcement

Admiral Markets AS

LEI code

549300QE3BN5Y1FE7M41

Size of the entity

Medium undertaking

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Half-yearly financial report

Unique data record identifier

7463

Submission date and time

30.08.2019 14:59:19

Content of announcement in Estonian

Title

Admiral Markets AS 2019. aasta 6 kuu auditeerimata majandustulemused

Message

Admiral Markets AS teenis 2019. aasta I poolaastal 0,9 miljonit eurot kasumit

2019. aasta esimene poolaasta möödus Admiral Markets Group AS ja selle
tütarettevõtte Admiral Markets AS jaoks globaalselt laienedes. Hoolimata maailma
turgudel valitsenud madalast volatiilsusest, oli Admiral Markets AS puhaskasum
vaadeldaval perioodil 0,9 miljonit eurot ning Admiral Markets Group AS
konsolideeritud puhaskasum 1,4 miljonit eurot.

Admiral Markets AS-i emaettevõte Admiral Markets Group AS näitas 2019. aasta
teises kvartalis rekordtulemusi aktiivsete klientide kasvus, mis on kõrgeimal
tasemel alates 2018. aasta augustis Euroopa Väärtpaberiturujärelevalve (ESMA)
poolt kehtestatud lisanõuete rakendamisest. Grupil oli 2019. aasta II kvartalis
14 597 aktiivset klienti, võrreldes 2018. aasta IV kvartaliga, mil neid oli
12 457. Lisaks kasvasid Grupi kliendivarad poole aastaga 19%, olles 30. juuni
2019 seisuga 37,6 miljonit eurot.

Admiral Markets AS juhatuse esimees Sergei Bogatenkov ütles, et 2019. aasta
esimene poolaasta möödus ootuspäraselt. ?Jätkasime laienemist uutele turgudele
ning avasime grupina uued ettevõtted Malaisias, Lõuna-Aafrika Vabariigis ja
Kanadas, millel on positiivne mõju tütarettevõte Admiral Markets AS-le. Ühtlasi
tugevdasime positsiooni algajate kauplejate segmendis, hõivasime sealset turuosa
ning kasvatasime brändi tuntust," märkis Bogatenkov.

"Esimesel poolaastal tegelesime suuremahuliste IT-projektidega, mis pakuvad meie
klientidele veelgi kiiremat, turvalisemat ja kasutajasõbralikumat
kauplemiskogemust rahusvahelistel finantsturgudel," ütles Admiral Markets AS
juhatuse esimees Sergei Bogatenkov ning lisas: "Pälvisime parima  Forexi
platvormi auhinna ADVFN International Financial Awards 2019 võistlusel ning
kauplemismaailma kõrgeima tunnustuse Saksamaal, kus meile omistati "CFD Broker
of the Year 2019" auhind. Ettevõtte välised tunnustused kinnitavad, et meie IT-
platvorm kuulub maailma parimate hulka, pakkudes kauplejatele ja investoritele
tipptasemel kasutajakogemust."

Finantsseisundi aruanne

 (tuhandetes eurodes)                                     30.06.2019 31.12.2018
-------------------------------------------------------------------------------
 VARAD

 Käibevara

 Raha ja raha ekvivalendid                                    22 105     22 205

 Finantsvarad    õiglases   väärtuses   muutustega   läbi
 kasumiaruande                                                 9 651     10 997

 Lühiajalised laenud, nõuded ja ettemaksed                     1 709      1 639

 Varud                                                           221         61

 Käibevara kokku                                              33 686     34 902

 Põhivara

 Pikaajalised laenud                                           2 500      2 500

 Materiaalne põhivara                                          5 272      1 267

 Immateriaalne põhivara                                          715        745

 Põhivara kokku                                                8 487      4 512

 VARAD KOKKU                                                  42 173     39 414
-------------------------------------------------------------------------------


 KOHUSTUSED

 Lühiajalised kohustused

 Finantskohustused  õiglases  väärtuses  muutustega  läbi
 kasumiaruande                                                    66        176

 Võlad ja ettemaksed                                           1 589      1 843

 Kokku lühiajalised kohustused                                 1 655      2 019

 Pikaajalised kohustused

 Allutatud võlakirjad                                          1 827      1 827

 Rendikohustuse pikaajaline osa                                3 601          0

 Pikaajalised kohustused kokku                                 5 428      1 827

 KOHUSTUSED KOKKU                                              7 083      3 846
-------------------------------------------------------------------------------


 OMAKAPITAL

 Aktsiakapital                                                 2 586      2 586

 Kohustuslik reservkapital                                       259        259

 Jaotamata kasum                                              32 245     32 724

 OMAKAPITAL KOKKU                                             35 090     35 568
-------------------------------------------------------------------------------


 KOHUSTUSED JA OMAKAPITAL KOKKU                               42 173     39 414







Koondkasumiaruanne

 (tuhandetes eurodes)                                   6 kuud 2019 6 kuud 2018
-------------------------------------------------------------------------------
 Netokasum    klientidega    ja   likviidsuspakkujatega
 kaubeldavatelt   finantsvaradelt   õiglases  väärtuses
 muutustega läbi kasumiaruande                               14 940      17 775

 Vahendustasu tulu                                               20          51

 Komisjoni- ja vahendustasu kulu                             -5 352      -5 088

 Muud kauplemistegevusega seotud tulud ja kulud                  13         -98

 Kauplemistegevuse netotulu                                   9 621     12 640
-------------------------------------------------------------------------------
 Muud tulud ja kulud                                            411         269

 Neto intressitulu                                               41          72

 Netokasum valuutakursi muutustest                               87         191

 Muud finantskulud                                                0         -73

 Tööjõukulud                                                 -3 343      -2 661

 Tegevuskulud                                                -5 170      -4 953

 Põhivara kulum                                                -424        -127

 Kasum enne tulumaksu                                         1 223       5 358
-------------------------------------------------------------------------------
 Tulumaks                                                      -311        -331

 Aruandeperioodi kasum                                          912       5 027
-------------------------------------------------------------------------------
 Aruandeperioodi koondkasum                                     912       5 027
-------------------------------------------------------------------------------
 Puhaskasum ja lahustatud puhaskasum aktsia kohta              2,26       12,44

--------------------------------------------------------------------------------

Admiral Markets AS-i aruanded on kättesaadavad aadressil:
https://admiralmarketsgroup.com/et/admiral-markets-as/reports/.

Admiral Markets on rahvusvaheline finantsteenuste kaubamärk, mille alt pakutakse
klientidele Forex ja hinnavahelepingute (Contract for Difference ehk CFD)
võimendatud veebipõhist kauplemisteenust börsivälisel turul ning ka börsil
noteeritud instrumente. Alates asutamisest 2001. aastal on Admiral Markets oma
haaret pidevalt laiendanud ning tegutseb täna kohalikule regulatsioonile
alluvate ettevõtete kaudu terves maailmas.

Eestis asutatud investeerimisühing Admiral Markets AS on Admiral Markets Group
AS-i tütarettevõtte, millel on õigus osutada investeerimisteenuseid Eesti
Finantsinspektsiooni tegevusloa alusel Euroopa Liidus ning Euroopa
Majanduspiirkonna riikides. Admiral Markets Group AS on oma reguleeritud
investeerimisühingutest tütarettevõtete kaudu füüsiliselt esindatud 16 riigis
ning omab kliendiportfelli enam kui 120 riigis.

Lisainfo:
Kaia Gil
Admiral Markets AS-i kommunikatsioonijuht
[email protected]
+372 53 413 764

Content of announcement in English

Title

Admiral Markets AS 2019 Unaudited 6 Months Financial Results

Message

Admiral Markets AS earned a profit of 0.9 million euros in the first half of
2019

During the first half of 2019, Admiral Markets Group AS and its subsidiary
Admiral Markets AS continued its global expansion. Despite the low volatility in
the global markets, Admiral Markets AS earned a net profit of 0.9 million euros
and Admiral Markets Group AS a consolidated net profit of 1.4 million euros.

The parent company of Admiral Markets AS, Admiral Markets Group AS, showed
record growth in active clients in the second quarter of 2019, the strongest
indicator since the introduction of additional requirements to CFDs offered to
retail customers in the European Union by the European Securities and Markets
Authority (ESMA) in August 2018. The Group had 14,597 active clients in the
second quarter of 2019, compared to the fourth quarter of 2018, when the
corresponding figure was 12,457. In addition, the Group's client assets
increased by 19% during the first six months of 2019, reaching 37.6 million
euros as of June 30, 2019.

Sergei  Bogatenkov, the Chairman of the  Management Board of Admiral Markets AS,
said  that the first  six months of  2019 passed as expected.  "We continued our
strong  expansion to new markets and opened new Group companies in Malaysia, the
Republic  of  South  Africa  and  Canada,  which  have  a positive impact on our
subsidiary  Admiral  Markets  AS.  At  the  same  time  we also strengthened our
position  in the  segment of  beginner traders,  gained market  share there, and
raised brand awareness," noted Bogatenkov.

"In the first half of the year, we dealt with large-scale IT projects to provide
our   clients  with  an  even  faster,  safer  and  more  user-friendly  trading
experiences   in  international  financial  markets,"  said  Sergei  Bogatenkov,
Chairman of the Management Board of Admiral Markets AS, adding: "We won the Best
Forex  Platform Award at  the ADVFN International  Financial Awards 2019 and the
highest  recognition in the trading world in  Germany, where we were awarded the
CFD  Broker of the Year 2019 award. External recognition of the company confirms
that  our IT  platform is  among the  best in  the world,  providing traders and
investors with high-end user experience."

Statements of Financial Position

 (in thousands of euros)                                  30.06.2019 31.12.2018
-------------------------------------------------------------------------------
 ASSETS

 Current assets

 Cash and cash equivalents                                    22,105     22,205

 Financial assets at fair value through profit and loss        9,651     10,997

 Short-term loans, receivables and prepayments                 1,709      1,639

 Inventories                                                     221         61

 Total current assets                                         33,686     34,902

 Non-current assets

 Long-term loans                                               2,500      2,500

 Tangible assets                                               5,272      1,267

 Intangible assets                                               715        745

 Total non-current assets                                      8,487      4,512

 TOTAL ASSETS                                                 42,173     39,414
-------------------------------------------------------------------------------


 LIABILITIES

 Current liabilities

 Financial  liabilities at  fair value  through profit or
 loss                                                             66        176

 Liabilities and prepayments                                   1,589      1,843

 Total current liabilities                                     1,655      2,019

 Long-term liabilities

 Subordinated debt securities                                  1,827      1,827

 Long-term finance lease                                       3,601          0

 Total long-term liabilities                                   5,428      1,827

 TOTAL LIABILITIES                                             7,083      3,846
-------------------------------------------------------------------------------


 EQUITY

 Share capital                                                 2,586      2,586

 Statutory reserve capital                                       259        259

 Retained earnings                                            32,245     32,724

 TOTAL EQUITY                                                 35,090     35,568
-------------------------------------------------------------------------------


 TOTAL LIABILITIES AND EQUITY                                 42,173     39,414







Statement of Comprehensive Income

 (in thousands of euros)                                        6M 2019 6M 2018
-------------------------------------------------------------------------------
 Net  gain  from  trading  of  financial  assets at fair value
 through profit or loss with clients and liquidity providers     14,940  17,775

 Brokerage fee income                                                20      51

 Brokerage and commission fee expense                            -5,352  -5,088

 Other trading activity related to income and expense                13     -98

 Net income from trading                                          9,621 12,640
-------------------------------------------------------------------------------
 Other income and expense                                           411     269

 Net interest income                                                 41      72

 Net gain on exchange rate changes                                   87     191

 Other financial expenses                                             0     -73

 Personnel expenses                                              -3,343  -2,661

 Operating expenses                                              -5,170  -4,953

 Depreciation of fixed assets                                      -424    -127

 Profit before income tax                                         1,223   5,358
-------------------------------------------------------------------------------
 Income tax                                                        -311    -331

 Profit for the reporting period                                    912   5,027
-------------------------------------------------------------------------------
 Comprehensive income for the reporting period                      912   5,027
-------------------------------------------------------------------------------
 Basic and diluted earnings per share                              2.26   12.44

--------------------------------------------------------------------------------

Admiral   Markets   AS   reports   are   available  on  the  following  website:
https://admiralmarketsgroup.com/admiral-markets-as/reports/
(https://www.globenewswire.com/Tracker?data=RdT_DSSem0UKp_5Bloi_D52Wex_r7ezg-
9KrPaEfXd4BIonItlfmsoM6a-U7GncGhS-
EBdMI7KgMfoTp8DWFbmXq3D0Dbets0nyaxL3aBf9w6ukaiIbFuYW3XM8GoSDzuYSvQH_Z8eUvUwDen_U
GfeGOac80uWoKS4BH41Up6peiTTk4ggaOsf02tgl-vO17).

Under  the  international  financial  services  trademark  of  Admiral  Markets,
customers  are offered  Forex and  leveraged Contract  for Difference (CFD) web-
based  trading  service  in  the  over-the-counter  market  as  well  as  listed
instruments.  Since  the  foundation  in  2001, Admiral  Markets has continually
expanded  its reach, and  today it services  worldwide through regulated trading
companies.

Investment  company Admiral Markets  AS, established in  Estonia, is a branch of
Admiral  Markets Group  AS, which  has the  right to provide investment services
under  the operating license of the  Estonian Financial Supervision Authority in
the  European Union  and the  European Economic  Area countries. Admiral Markets
Group AS is physically represented in 16 countries through its regulated trading
companies with a customer portfolio covering over 120 countries.

Further information:
Kaia Gil
Communication Manager of Admiral Markets AS
[email protected]
+372 53 413 764