StoneX Group Inc. Q1 2025 10-Q Filing

TL;DR

**StoneX Q1 2025 10-Q:** Revenue breakdown shows mixed performance across segments. Check details.

AI Summary

StoneX Group Inc. filed its 10-Q for the period ending December 31, 2024. The company reported revenues from various segments including commission and clearing fees, principal gains, and sales of physical commodities. Specific financial figures for these segments during the quarter and year-over-year comparisons are detailed within the filing.

Why It Matters

This filing provides investors with a quarterly update on StoneX's financial performance, including revenue streams and operational details, crucial for assessing the company's current health and future prospects.

Risk Assessment

Risk Level: medium — The filing contains detailed financial information that requires careful analysis to understand the company's performance and associated risks.

Key Numbers

• 2024-12-31 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial results are reported.)
• 2025-02-05 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• StoneX Group Inc. (company) — Filer of the 10-Q
• 2024-12-31 (date) — End of the reporting period
• 2025-02-05 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value SNEX The Nasdaq Stock Market

Filing Documents

• intl-20241231.htm (10-Q) — 2241KB
• snex2025exh311q1roll.htm (EX-31.1) — 10KB
• snex2025exh312q1roll.htm (EX-31.2) — 10KB
• snex2025exh321q1roll.htm (EX-32.1) — 5KB
• snex2025exh322q1roll.htm (EX-32.2) — 5KB
• intl-20241231_g1.jpg (GRAPHIC) — 23KB
• intl-20241231_g2.jpg (GRAPHIC) — 78KB
• 0000913760-25-000024.txt ( ) — 11618KB
• intl-20241231.xsd (EX-101.SCH) — 73KB
• intl-20241231_cal.xml (EX-101.CAL) — 105KB
• intl-20241231_def.xml (EX-101.DEF) — 318KB
• intl-20241231_lab.xml (EX-101.LAB) — 798KB
• intl-20241231_pre.xml (EX-101.PRE) — 564KB
• intl-20241231_htm.xml (XML) — 2203KB

FINANCIAL INFORMATION

Part I. FINANCIAL INFORMATION

Financial Statements (Unaudited)

Item 1. Financial Statements (Unaudited) Condensed Consolidated Balance Sheets 1 Condensed Consolidated Income Statements 2 Condensed Consolidated Statements of Comprehensive Income 3 Condensed Consolidated Statements of Cash Flows 4 Condensed Consolidated Statements of Stockholders' Equity 6 Notes to Condensed Consolidated Financial Statements 7

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 29

Quantitative and Qualitative Disclosures about Market Risk

Item 3. Quantitative and Qualitative Disclosures about Market Risk 53

Controls and Procedures

Item 4. Controls and Procedures 55

OTHER INFORMATION

Part II. OTHER INFORMATION

Legal Proceedings

Item 1. Legal Proceedings 55

Risk Factors

Item 1A. Risk Factors 55

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 56

Other Information

Item 5. Other Information 56

Exhibits

Item 6. Exhibits 57

Signatures

Signatures 57 Table of Contents

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements StoneX Group Inc. Condensed Consolidated Balance Sheets (Unaudited) (in millions, except par value and share amounts) December 31, 2024 September 30, 2024 ASSETS Cash and cash equivalents $ 1,398.2 $ 1,269.0 Cash, securities and other assets segregated under federal and other regulations (including $ 309.0 million and $ 51.8 million at fair value at December 31, 2024 and September 30, 2024, respectively) 3,156.6 2,841.2 Collateralized transactions: Securities purchased under agreements to resell 5,479.2 5,201.5 Securities borrowed 2,120.7 1,662.3 Deposits with and receivables from broker-dealers, clearing organizations and counterparties, net (including $ 4,781.3 million and $ 3,287.5 million at fair value at December 31, 2024 and September 30, 2024, respectively) 7,783.9 7,283.2 Receivable from clients, net (including $( 2.8 ) million and $( 8.4 ) million at fair value at December 31, 2024 and September 30, 2024, respectively) 1,096.3 1,013.1 Income taxes receivable 20.9 19.3 Financial instruments owned, at fair value (includes securities pledged as collateral that can be sold or repledged of $ 1,500.0 million and $ 2,172.0 million at December 31, 2024 and September 30, 2024, respectively) 6,918.1 6,767.1 Physical commodities inventory, net (including $ 476.7 million and $ 376.6 million at fair value at December 31, 2024 and September 30, 2024, respectively) 861.4 681.1 Deferred tax asset 53.6 46.3 Property and equipment, net 145.1 143.1 Operating right of use assets 159.7 157.0 Goodwill and intangible assets, net 87.0 80.6 Other assets 304.6 301.5 Total assets $ 29,585.3 $ 27,466.3 LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Accounts payable and other accrued liabilities (including $ 2.9 million and $ 2.3 million at fair value at December 31, 2024 and September 30, 2024, respectively) $ 441.8 $ 522.1 Operating lease liabilities 198.6 195.9 Payables to: Clients (including $ 371.1 million and $

View Full Filing

View this 10-Q filing on SEC EDGAR