Admiral Markets AS Unaudited Interim Report For The First 6 Months Of 2026

2026-08-28 04:01:14

(MENAFN- GlobeNewsWire - Nasdaq) Admiral Markets AS unaudited interim report for the first 6 months of 2026

In the first half of 2026, Admiral Markets AS completed the restructuring of its business, exiting direct client servicing and continuing solely as an intra-group liquidity provider for the Admirals Group following the voluntary revocation of its investment firm license in Estonia.

Net trading income was EUR 2.2 million (6M 2025: EUR 4.1 million).
Net loss was EUR -2.6 million (6M 2025: EUR -3.5 million).

All client relationships of Admiral Markets AS were terminated in January 2026, with former clients offered continued service through Admirals Europe Ltd, the Admirals Group's Cyprus-licensed investment firm. Acting on its own initiative, Admiral Markets AS applied to the Estonian Financial Supervision and Resolution Authority to withdraw its investment firm license; the regulator approved the revocation with effect from 28 April 2026.

Statement of Financial Position

(in thousands of euros)	30.06.2026	31.12.2025
Assets
Due from credit institutions	18,977	17,576
Due from investment companies	4,584	9,304
Financial assets at fair value through profit or loss	667	809
Loans and receivables	23,546	24,086
Inventories	0	235
Other assets	567	824
Investment into subsidiaries	4,180	4,180
Tangible fixed assets	792	988
Right-of-use asset	1,044	1,276
Intangible fixed assets	1,159	1,710
Total assets	55,516	60,988

Liabilities
Financial liabilities at fair value through profit or loss	190	596
Liabilities and prepayments	2,963	4,497
Subordinated debt securities	625	1,347
Lease liabilities	1,247	1,507
Total liabilities	5,025	7,947

Equity
Share capital	2,586	2,586
Statutory reserve capital	259	259
Retained earnings	47,646	50,196
Total equity	50,491	53,041
Total liabilities and equity	55,516	60,988

Statement of Comprehensive Income

(in thousands of euros)	6 months 2026	6 months 2025
Net gains from trading of financial assets at fair value through profit or loss with clients and liquidity providers	7,630	13,917
Brokerage and commission fee revenue	347	413
Brokerage and commission fee expense	-5,974	-10,308
Other trading activity related income	164	142
Other trading activity related expense	0	-48
Net income from trading	2,167	4,116
Other income similar to interest	4	0
Interest income calculated using the effective interest method	524	569
Interest expense	-64	-73
Other income	320	216
Other expense	-10	0
Net gains on exchange rate changes	14	-631
Net loss from financial assets at fair value through profit or loss	-76	-94
Personnel expenses	-1,652	-1,986
Operating expenses	-2,767	-4,560
Depreciation of tangible and intangible assets	-778	-861
Depreciation of right-of-use assets	-232	-243
Loss before income tax	-2,550	-3,547
Income tax	0	0
Net loss for the reporting period	-2,550	-3,547
Comprehensive income for the reporting period	-2,550	-3,547
Basic and diluted earnings per share	-6.31	-8.78

Additional information:

Alexander Tsikhilov

Chairman of the Supervisory Board of Admiral Markets AS

...

+372 6 309 300

Attachment

Final AMAS (ENG) Interim 30.06.2026

MENAFN28082026004107003653ID1111593485

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Admiral Markets AS Unaudited Interim Report For The First 6 Months Of 2026

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