Admiral Markets AS Unaudited Financial Results for 12 months of 2025
In 2025, lower client trading activity in the Group’s core European markets, together with the ongoing impact of a temporary pause in EU client onboarding, materially reduced net trading income.
- Net trading income was EUR -1.0 million (2024: EUR 13.5 million).
- Net loss was EUR -16.2 million (2024: net profit EUR 0.4 million).
- The number of active clients stood at 29,455. Rebuilding and expanding the client base is our key focus.
In 2024, Admirals Europe Ltd. voluntarily paused onboarding of new EU clients while implementing enhancements following CySEC supervisory engagement. This pause reduced new client inflows and continued to affect the client base into 2025.
Admirals resumed EU client onboarding in March 2025. Client acquisition efforts increased in the second quarter of 2025, with a focus on responsible growth, client experience, and compliance.
Looking ahead, the Group’s priorities are to rebuild the active client base, improve client activation and retention, and maintain disciplined cost management and a strong compliance framework. The Group believes these actions support a return to more stable performance and long-term value creation for stakeholders.
Statement of Financial Position
Statement of Comprehensive Income
Additional information:
Alexander Tsikhilov
Chairman of the Management Board of Admirals Group AS
alexander.tsikhilov@admirals.com
+372 6309 300