Published: December 12 2023
The Budapest Stock Exchange has reported a significant increase in profits for this year. In this article, we will take a closer look at the key details and figures from their report.
Increase in Net Profit
The Budapest Stock Exchange has seen a 51% year-on-year rise in net profit for the first nine months of this year, reaching Ft 4.2 billion.
Revenue Breakdown
While revenue from trading decreased by 30%, revenue from issues increased by 9% and revenue from data sales grew by 11% to Ft 985 million. Overall, revenue, including the contribution by Keler, reached Ft 2.7 billion.
Number of Listed Companies
As of September, there were 153 companies listed on the Budapest Stock Exchange, with one new listing added in the third quarter.
Financial Performance
The exchange's financial profit for the first three quarters was Ft 199 million, reversing the Ft 69 million loss from the previous year. Expenses amounted to Ft 1.8 billion and EBITDA decreased by 29% to Ft 1 billion.
Keler's Profit
Keler, the central equity clearing house, realized an Ft 8.9 billion pre-tax profit in the first nine months of the year.
Overall, the Budapest Stock Exchange has shown strong financial performance and continues to attract new listings.
Questions & Answers
What was the net profit of the Budapest Stock Exchange in the first nine months of this year? The net profit of the Budapest Stock Exchange in the first nine months of this year was Ft 4.2 billion, representing a 51% year-on-year rise.
What was the total revenue of the Budapest Stock Exchange, including the contribution by Keler, during this period? The total revenue of the Budapest Stock Exchange, including the contribution by Keler, reached Ft 2.7 billion.
How much revenue did the Budapest Stock Exchange generate from trading during this period? The revenue from trading for the Budapest Stock Exchange was down by 30% during this period.
Did the revenue from issues increase or decrease for the Budapest Stock Exchange? The revenue from issues for the Budapest Stock Exchange increased by 9%.
How much did the revenue from data sales grow for the Budapest Stock Exchange? The revenue from data sales grew by 11% to Ft 985 million for the Budapest Stock Exchange.
How many companies were listed on the Budapest Stock Exchange at the end of September? At the end of September, there were 153 companies listed on the Budapest Stock Exchange, including one new listing in the third quarter.
What was the financial profit of the Budapest Stock Exchange in the first three quarters of this year? The financial profit of the Budapest Stock Exchange in the first three quarters of this year amounted to Ft 199 million, reversing the Ft 69 million loss from one year earlier.
What were the total expenses of the Budapest Stock Exchange in the first three quarters of this year? The total expenses of the Budapest Stock Exchange in the first three quarters of this year added up to Ft 1.8 billion.
How much did the Ebitda of the Budapest Stock Exchange decrease by during this period? The Ebitda of the Budapest Stock Exchange went down by 29% to Ft 1 billion.
What was the pre-tax profit of Keler from January to September? Keler realized an Ft 8.9 billion pre-tax profit from January to September.
