TMX Group Limited (TMXXF)
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TMX Group Limited (TMXXF) Q2 2025 Earnings Call Transcript
TMX Group Limited (OTCPK:TMXXF) Q2 2025 Earnings Conference Call August 1, 2025 8:00 AM ET Company Participants Amin Mousavian - Vice President of Investor Relations, Treasury & Administration David Arnold - Chief Financial Officer John D. McKenzie - CEO & Director Conference Call Participants Aravinda Suranimala Galappatthige - Canaccord Genuity Corp., Research Division Christopher Mark O'Brien - Barclays Bank PLC, Research Division Etienne Ricard - BMO Capital Markets Equity Research Graham Ryding - Unidentified Company Stephen Boland - Raymond James Ltd.
TMX Group Limited (TMXXF) Q1 2025 Earnings Call Transcript
TMX Group Limited (OTCPK:TMXXF) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Amin Mousavian - Vice President of Investor Relations, Treasury, and Interim Chief Risk Officer John McKenzie - Chief Executive Officer David Arnold - Chief Financial Officer Conference Call Participants Étienne Ricard - BMO Capital Markets Aravinda Galappatthige - Canaccord Genuity Chris O'Brien - Barclays Capital Nik Priebe - CIBC Capital Markets Jaeme Gloyn - National Bank Financial Graham Ryding - TD Securities Brian Bedell - Deutsche Bank Operator [Abrupt start] -- conference operator. Welcome to the TMX Group Limited First Quarter 2025 Results Conference Call.
TMX Group: Owning The Race Track
TMX Group Limited, a key financial infrastructure provider, offers compelling growth with 55% recurring revenue and an expanding international presence, despite trading at a high 27X forward earnings. The company operates major Canadian stock exchanges and provides market data services globally, with significant revenue from its fast-growing Global Solutions, Insights & Analytics division. Recent Q4 2024 results show 17% organic growth, 30% EPS increase, and steady free cash flow growth, supporting consistent dividend increases and robust shareholder returns.
TMX Group Limited (TMXXF) Q4 2024 Earnings Call Transcript
TMX Group Limited (OTCPK:TMXXF) Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants Amin Mousavian – Vice President-Investor Relations and Treasury John McKenzie – Chief Executive Officer David Arnold – Chief Financial Officer Conference Call Participants Étienne Ricard – BMO Capital Markets Benjamin Budish – Barclays Nik Priebe – CIBC Capital Markets Graham Ryding – TD Securities Aravinda Galappatthige – Canaccord Genuity Operator Good morning, ladies and gentlemen, and welcome to the TMX Group Limited Q4 2024 Financial Results Conference Call. At this time, all lines are in a listen-only mode.
TMX Group: Worth Paying Up For Growth
TMX Group's Q3'24 results showed mixed performance, with 23% revenue growth driven by acquisitions, particularly TMX VettaFi, and strong segments like TMX Trayport and Derivatives Trading. Despite higher leverage from M&A, TMX is on track to reduce it by 2025, with acquisitions expected to boost EBITDA and earnings. TMX's strategic expansion into global markets and technology investments position it well for sustained growth, with promising future initiatives like a US equity trading platform.
"ETF's are here to stay" says Todd Rosenbluth of TMX VETTAFI
Todd Rosenbluth, Head of Research TMX VETTAFI, joins CNBC's "Halftime Report" to discuss the record year for the ETF industry.
TMX Group Limited (TMXXF) Q3 2024 Earnings Call Transcript
TMX Group Limited (OTCPK:TMXXF) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Amin Mousavian - Vice President, Investor Relations & Treasury John McKenzie - Chief Executive Officer David Arnold - Chief Financial Officer Conference Call Participants Nik Priebe - CIBC Capital Markets Etienne Ricard - BMO Capital Markets Aravinda Galappatthige - Canaccord Genuity Graham Ryding - TD Securities Jaeme Gloyn - National Bank Financial Ben Budish - Barclays Operator Good morning ladies and gentlemen and welcome to the TMX Group Limited Third Quarter 2024 Financial Results Conference Call. At this time, all lines are in a listen-only mode.
TMX Group Limited (TMXXF) Q2 2024 Earnings Call Transcript
TMX Group Limited (OTCPK:TMXXF) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Amin Mousavian - VP, IR, Treasury and Administration John McKenzie - CEO David Arnold - CFO Conference Call Participants Etienne Ricard - BMO Capital Markets Benjamin Budish - Barclays Aravinda Galappatthige - Canaccord Nik Priebe - CIBC Jaeme Gloyn - National Bank Financial Graham Ryding - TD Securities Operator Good morning, ladies and gentlemen, and welcome to the TMX Group Limited Q2 2024 Financial Results Conference Call. [Operator Instructions] This call is being recorded on Thursday, August 1, 2024.
TMX Group: Organic Growth Profile Is Improving, Rating Upgrade
TMX Group owns and operates the Toronto Stock Exchange and TSX Venture Exchange, with the recent acquisition of VettaFi to expand internationally. TMX has showcased strong financial performance, with revenue and EBITDA growth rates accelerating in recent years. Despite strong results and growth prospects, TMX's shares are trading at a premium.
