LMAX Exchange
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 27.7m | 30.5m | 8.6m | 11.6m | 15.7m | 22.8m | 24.1m |
% growth | 20 % | 10 % | (72 %) | 34 % | 35 % | 45 % | 6 % |
EBITDA | 5.2m | 9.2m | 3.3m | 4.7m | 6.2m | 8.0m | 6.1m |
% EBITDA margin | 19 % | 30 % | 38 % | 41 % | 40 % | 35 % | 25 % |
Profit | 2.2m | 4.9m | (<1m) | (<1m) | 1.5m | 2.9m | <1m |
% profit margin | 8 % | 16 % | (3 %) | (3 %) | 10 % | 13 % | 3 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Support Program | ||
$300m Valuation: $1.0b 48.3x EV/LTM Revenues 121.4x EV/LTM EBITDA | Growth Equity VC | ||
Total Funding | $300m |
Related Content
Recent News about LMAX Exchange
EditLMAX Group operates a global institutional exchange for trading foreign exchange (FX) and cryptocurrencies. The company serves a diverse range of clients including banks, funds, and proprietary trading firms. Operating in the financial markets, LMAX Group provides a high-performance trading platform that ensures low latency and high throughput, essential for institutional trading. The business model revolves around offering a transparent and efficient trading environment, where clients can execute trades with minimal slippage and access real-time market data. Revenue is generated through transaction fees, market data subscriptions, and technology services. The company is known for its robust infrastructure, ensuring reliability and stability in trading operations.
Keywords: institutional exchange, FX trading, cryptocurrency trading, low latency, high throughput, real-time data, transaction fees, market data, technology services, financial markets.