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
Annual financial report
Unique data record identifier
7866
Attachments
Submission date and time
16.03.2020 19:04:41
Content of announcement in Estonian
Title
Admiral Markets AS auditeeritud aastaaruanne 2019
Message
Admiral Markets AS saavutas rekordilise uute klientide arvu Admiral Markets jaoks oli 2019 järjekordne edukas aasta, kuna grupi turuosa ja kliendibaas kasvasid turu ootustest kiiremini. Vaatamata maailma turgudel valitsenud madalale volatiilsusele, suutis Admiral Markets AS 2019. aastal oma kauplemistegevuse netotulu säilitada eelmise aasta tasemel. 2019. aastal oli ettevõtte kauplemistegevuse netotulu 23,2 miljonit eurot. Aasta tagasi oli see 24,2 miljonit eurot. Ettevõtte puhaskasum oli 2019. aastal 4,6 miljoni eurot, mis on 51% vähem kui aasta varem (2018: 9,5 miljonit eurot). Samuti langes ettevõtte kasumimarginaal ja oli 20%, võrreldes eelmise aasta 39%-ga. Kasumimarginaali langus oli seotud tegevuskulude suurenemisega- nii personali-, turunduse- kui IT valdkonnas. IT-ga seotud kulude kasv sisaldab suuremahulisi investeeringuid toote- ja kauplemisplatvormide arendamiseks. Turunduskulude kasvu tulemuseks oli meie aktiivsete klientide märkimisväärne kasv. Personaliga seotud kulude kasv oli tingitud tulevaste klientide hõivamiseks loodud uutest ametikohtadest, et ettevõte suudaks teenindada suuremat kliendimahtu. Admiral Markets AS-i emaettevõte Admiral Markets Group AS suutis kasvatada aastast konsolideeritud kauplemistegevuse netotulu võrreldes 2018. aastaga. Kui aasta varem küündis see 32,6 miljoni euroni, oli see 2019. aastal 3% kõrgem, 33,5 miljonit eurot. Hoolimata tegevuskulude kasvust, oli grupi konsolideeritud kasum 5,2 miljonit eurot. Admiral Marketsi kliendid teostasid 2019. aastal üle 31,8 miljoni kauplemistehingu ja tehingute väärtus kasvas 3%, 590 miljardi euroni. Admiral Markets Group AS-il oli 2019. aasta detsembri lõpuks ligi 14 800 aktiivset klienti kuus. Võrreldes sama ajaga 2018. aastal, mil vastav arv oli ligi 10 500. Aktiivsete klientide vara kasvas 45% ja registreeritud klientide koguarv üle 20%. "2019. aastat iseloomustavateks märksõnadeks on uued turud, tugev meeskond ja investeeringud innovatsiooni ning IT-lahendustesse," ütles Admiral Markets AS tegevjuht Sergei Bogatenkov. "Suuremahulised tehnoloogilised arendused võimaldasid meil klientidele pakkuda veelgi kvaliteetsemat rahvusvahelistel finantsturgudel osalemise kogemust ja personaalsemat kliendisuhtlust," lisas Sergei Bogatenkov. "Avasime grupi jaoks piirkondadena Aafrika, Aasia ja Kanada, kus soovime oma kohalolekut lähiaastatel veelgi suurendada. Ettevõtte ja meie töötajate jaoks on suur tunnustus see, et meie tegevust hinnatakse ja märgatakse. Esmakordselt jõudsime EAS-i ettevõtluse auhinna aasta eksportööri auhinna kategoorias esikümnesse ning võitsime Saksamaal kõik valdkonnapõhised auhinnad, mis tõestab, et oleme jätkuvalt oma valdkonna kvaliteediliidrid," märkis Admiral Markets AS tegevjuht Sergei Bogatenkov. Bogatenkovi sõnul viis Admiral Markets möödunud aastal töötajate seas läbi ideekorje, kuidas ettevõte saaks juurutada keskkonnasäästlikumaid tehnoloogiaid ja lahendusi, et jalajälg ümbritseva suhtes oleks väiksem. Samuti oli Admiral Markets SOS Lasteküla sotsiaalkampaania #OlemeKoos üks peamistest taustajõududest. 2020. aastal jätkab Admiral Markets 2030. aastaks kavandatud visiooni rakendamist ja tutvustab uut murrangulist IT-lahendust, mis avab finantsteenuste kasutamise potentsiaalsetele klientidele. Finantsseisundi aruanne (tuhandetes eurodes) 31.12.2019 31.12.2018 ------------------------------------------------------------------------------- Varad Nõuded krediidiasutustele 19 757 15 467 Nõuded investeerimisühingutele 6 786 6 738 Finantsvarad õiglases väärtuses muutustega läbi kasumiaruande 9 759 11 047 Laenud ja nõuded 3 983 3 044 Varud 0 61 Muud varad 912 1 045 Materiaalne põhivara 1 283 1 267 Kasutusõigusega vara 4 059 0 Immateriaalne põhivara 630 745 Varad kokku 47 169 39 414 ------------------------------------------------------------------------------- Kohustused Finantskohustused õiglases väärtuses muutustega läbi kasumiaruande 66 176 Võlad ja ettemaksed 2 349 1 843 Rendikohustis 4 145 0 Allutatud võlakirjad 1 827 1 827 Kohustused kokku 8 387 3 846 ------------------------------------------------------------------------------- Omakapital Aktsiakapital 2 586 2 586 Kohustuslik reservkapital 259 259 Jaotamata kasum 35 937 32 724 Omakapital kokku 38 782 35 568 ------------------------------------------------------------------------------- Kohustused ja omakapital kokku 47 169 39 414 Koondkasumiaruanne (tuhandetes eurodes) 2019 2018 ------------------------------------------------------------------------------- Netokasum klientidega ja likviidsuspakkujatega kaubeldavatelt finantsvaradelt õiglases väärtuses muutustega läbi kasumiaruande 34 838 34 081 Vahendustasu tulu 71 85 Komisjoni- ja vahendustasu kulu -11 708 -9 960 Muud kauplemistegevusega seotud tulud 31 74 Muud kauplemistegevusega seotud kulud -22 -44 Kauplemistegevuse netotulu 23 210 24 236 ------------------------------------------------------------------------------- Muud tulud 777 475 Muud kulud -202 -98 Intressitulu vastavalt efektiivse intressimäära meetodile 75 67 Muud samalaadsed intressitulud 183 99 Intressikulu -224 -147 Netokasum valuutakursi muutustest 266 380 Netokasum õiglases väärtuses muutustega läbi kasumiaruande 50 0 Tööjõukulud -7 006 -5 082 Tegevuskulud -11 268 -9 843 Põhivara kulum -526 -283 Kasutusõigusega vara kulum -420 0 Kasum enne tulumaksu 4 915 9 804 ------------------------------------------------------------------------------- Tulumaks -311 -334 Aruandeperioodi kasum 4 604 9 470 ------------------------------------------------------------------------------- Aruandeperioodi koondkasum 4 604 9 470 ------------------------------------------------------------------------------- Puhaskasum ja lahustatud puhaskasum aktsia kohta 11,40 23,44 Admiral Markets AS-i aruanded on kättesaadavad aadressil: https://admiralmarketsgroup.com/et/admiral-markets-as/ (https://www.globenewswire.com/Tracker?data=BWsVZwoaSZ_QTF22Q5FrM7_dBmwVgHjF- Qnb- 9bIMX6rPMJLgjpxIRtI616CSCotKyDFTlU27M0XAPt2ovNfNdDvn7ep7Lh60CCyx3LWTydy66ub7d7fJ wedGKOz2SclZ90xmMii9ol1akWNbVb1RHIKMssiGlHfAsTDLqIRGrUkj1bb8JhkAav_qJkK4SLuijrTn JJnZ1En1c6vyjQM4DuRiXKhD6VJLR39gbTtF4QyosXoJ3VMRd2RG7i97xx_jGYLmeUFat6P_MaqxP6WU _lAdIpSBt0NDUTZVA_FeveeNwFld4LSpbLrGlcp3TOz90R8DBurNso_aZcvrZQxHAeU9d0SwVPvr8Dz8 gz6a5gblRNbbINAuj2Oez3B6q88-qXB3Vh5fZxe64PcwgWcX1b9UVyl76yc9-VwsFwRMi8=)reports (https://www.globenewswire.com/Tracker?data=pSUJnHvcB- 9gFw41fE3WC7ngy67y_zvpu77iSuqtt1Rs3MTduf9E2nGO2Y5EcygPAG3gno7jZvzasfltykwW2_JG5X xRLIDBTQzfSWdR6Xu87hEhd7mEvFplMfexQyXYYJ2W3YTUgIy2cM130b86kna8zqr3_aa4Olslm4YseJ ZRCybwlqP2XOzv21ZRSlYpkxZDNxcT_0hKVKAEbrdchpdsfXLGf- AE2wKEBJI76P10xy8QRsS0J1mvNK38cE9YnJoiRrOy786Qi2WJvjdTQQ==)/ (https://www.globenewswire.com/Tracker?data=TrWnYut7iRKiJZjOejYp1qeLXi86Q1QTpeTw gxek61PeLR_nB52WL82FOvBLDhMRlEneDAP7NGHBPNAzHxn5uLRO6tEt9P9FYgOc1iDklhssPKyGL8OU nhHLz8eYAPL2FFRQzZDYgHjAvoRd5r6yGrzN- URUd435A4y9gfBAflfSsuogLHI65Eb0ltfvan2tJFFfLrbmQSQwjA- 4U8BZ4w7VPKcZ6aZRPO7Q_lfrwg0Kpo1Wyv6qjeaXcTXjB6DZOsTvi5cm_Tf3WLHfHW5a3Q==). Admiral Markets on rahvusvaheline finantsteenuste kaubamärk, mille alt pakutakse klientidele 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 18 riigis ning omab kliendiportfelli enam kui 130 riigis. Lisainfo: Kaia Gil Admiral Markets AS-i kommunikatsioonijuht [email protected] (mailto:[email protected]) +372 53 413 764
Content of announcement in English
Title
Admiral Markets AS Audited Annual Report 2019
Message
Admiral Markets AS achieved a record number of new clients For Admiral Markets, 2019 was another successful year. The group's market share and customer base grew faster than market expectations. Despite low volatility in global markets, Admiral Markets AS managed to maintain its net trading income at the previous year's level in 2019. In 2019, the company's net trading income was EUR 23.2 million, compared to EUR 24.2 million in the previous year. The company's net profit for 2019 was EUR 4.6 million, which is 51% less than a year earlier (2018: EUR 9.5 million). The profit margin of the company declined to 20% from 39% last year. The decline in profit margin was attributable to higher operating expenses as there was an increase in personnel, marketing and IT costs. The increase in IT-related costs includes large-scale investments aimed at developing the company's product and trading platforms. The increase in marketing expenses resulted in a significant increase in active customers. The increase in personnel-related expenses was due to the recruitment of employees that would empower the company to be able to serve more clients. The parent company of Admiral Markets AS, Admiral Markets Group AS, was able to increase its consolidated net trading income compared to 2018. It was EUR 32.6 million in 2018, when in 2019 it was 3% higher, reaching EUR 33.5 million. Despite the increase in operating costs, the consolidated profit of the group was EUR 5.2 million. Customers of Admiral Markets carried out more than 31.8 million trading transactions in 2019, and the value of trades increased by 3% to EUR 590 billion. By the end of December 2019, Admiral Markets Group AS had approximately 14,800 active clients per month. Compared to the same period in 2018, when the corresponding figure was close to 10,500. The active clients' assets increased by 45% and the total number of registered clients grew by more than 20%. "The key words describing 2019 are new markets, a strong team and investments in innovation and IT solutions," said Sergei Bogatenkov, CEO of Admiral Markets AS. "Large-scale technological developments have enabled us to provide our customers an even higher quality at participating in international financial markets and more personalized customer interaction," added Sergei Bogatenkov. "We opened our business to regions in Africa, Asia and Canada, where we want to further expand our presence in the coming years. It is great recognition for the company and our employees that our performance is valued and noticed. For the first time, we reached the top ten of the Enterprise Estonia Enterprise Awards in the Exporter Award of the Year and won all industry-specific awards in Germany, proving that we continue to be quality leader in our field," said Sergei Bogatenkov, CEO of Admiral Markets AS. According to Bogatenkov, Admiral Markets carried out a brainstorming session last year on how the company could implement greener technologies and solutions to reduce its environmental footprint. Also, Admiral Markets was one of the main driving forces behind the SOS Children's Village social campaign #OlemeKoos. In 2020, Admiral Markets will continue to implement its vision for 2030 and introduce a new groundbreaking IT solution that will open up financial services to potential customers. Statement of Financial Position (in thousands of euros) 31.12.2019 31.12.2018 ------------------------------------------------------------------------------- Assets Due from credit institutions 19,757 15,467 Due from investment companies 6,786 6,738 Financial assets at fair value through profit or loss 9,759 11,047 Loans and receivables 3,983 3,044 Inventories 0 61 Other assets 912 1,045 Tangible assets 1,283 1,267 Right-of-use asset 4,059 0 Intangible assets 630 745 Total assets 47,169 39,414 ------------------------------------------------------------------------------- Liabilities Financial liabilities at fair value through profit or loss 66 176 Liabilities and prepayments 2,349 1,843 Lease liabilities 4,145 0 Subordinated debt securities 1,827 1,827 Total liabilities 8,387 3,846 ------------------------------------------------------------------------------- Equity Share capital 2,586 2,586 Statutory reserve capital 259 259 Retained earnings 35,937 32,724 Total equity 38,782 35,568 ------------------------------------------------------------------------------- Total liabilities and equity 47,169 39,414 Statement of Comprehensive Income (in thousands of euros) 2019 2018 ------------------------------------------------------------------------------- Net gains from trading of financial assets at fair value through profit or loss with clients and liquidity providers 34,838 34,081 Brokerage fee income 71 85 Brokerage and commission fee expense -11,708 -9,960 Other trading activity related income 31 74 Other trading activity related expense -22 -44 Net income from trading 23,210 24,236 ------------------------------------------------------------------------------- Other income 777 475 Other expense -202 -98 Interest income calculated using the effective interest method 75 67 Interest income similar to interest 183 99 Interest expense -224 -147 Net gains on exchange rate changes 266 380 Net gains at fair value through profit or loss 50 0 Personnel expenses -7,006 -5,082 Operating expenses -11,268 -9,843 Depreciation of tangible and intangible assets -526 -283 Depreciation of right-of-use assets -420 0 Profit before income tax 4,915 9,804 ------------------------------------------------------------------------------- Income tax -311 -334 Profit for the reporting period 4,604 9,470 ------------------------------------------------------------------------------- Total comprehensive income for the reporting period 4,604 9,470 ------------------------------------------------------------------------------- Basic and diluted earnings per share 11.40 23.44 The reports of Admiral Markets AS are available on the following website: https://admiralmarketsgroup.com/en/admiral-markets-as/reports/ (https://www.globenewswire.com/Tracker?data=BWsVZwoaSZ_QTF22Q5FrM7_dBmwVgHjF- Qnb- 9bIMX7Vv1juajwt7hgmZK_Fq10kaY697KkCdaldvdVjqOoylrb7inP1ETt6DpAa5MAf5C_zkLmGGU-1k sg9nR1XEeHrCElyXsJv_RLsY2LAugv4Z4_Lxdxo5mRfrRbbt4hir0SIi3mD-V-_KYBYSmit8Cmu- KeJpzDCazKRbY9CGyyGGA==). 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 18 countries through its regulated trading companies with a customer portfolio covering over 130 countries. Additional information: Kaia Gil Communication manager of Admiral Markets AS [email protected] (mailto:[email protected]) +372 53 413 764