Brokerage group CMC Markets released financial results for its 2025 financial year on Thursday morning.
The London-listed firm, whose financial year ends on March 31st, saw flat revenue for the year, with a drop off in performance in the second half of the year.
Total revenue came in at £360.1m for the year, compared to £359.8m in the 2024 financial year.
However, net income rose 33% to £62.2m over the year, reflecting lower commissions and operating expenses, as well as the impact of the value of intangible assets being written off in 2024.
Peter Cruddas salary hits £1.1m
One part of the report also details the salaries to senior executives at the broker.
CEO and company founder Peter Cruddas took home a basic salary of £700,000 with an add-on bonus of £365,900. That took his take home pay to just shy of £1.1m last year.
However, given Cruddas also owns 174,149,738 shares in the company – or 62.5% of the total outstanding number – and the company declared a dividend of 8.3p per share on Thursday too, that will mean he gets an additional sum of £14.5m from the company too.
Other senior executives also enjoyed decent take home packages last year too.
Notably, David Fineberg, who was previously Deputy CEO but will move into a new role as Global Head of Strategic Partnerships, took home just shy of £1m last year.
Average CMC Markets salary is £106k
One way that CMC Markets was able to reduce operational costs last year was by reducing headcount, which fell from 1,181 to 1,068.
Total staff remuneration across the group came to £113.7m. That implies an average salary at the brokerage group that’s just north of £106,000.
That total figure does include bonuses though and fixed remuneration for CMC Markets as a whole came in at £93.9m. On that basis the average CMC Markets salary was £87,900.