The Malta Stock Exchange (MSE) has announced its strongest financial results to date, closing 2024 with a record revenue of €9.32 million – marking a 4.26 per cent increase over the previous year.
Operating profit surged by 10.25 per cent to €5.43 million, up from €4.93 million in 2023. According to the MSE’s annual report, this growth was primarily driven by a “notable rise in listing activity and interest income.”
Despite a 5.17 per cent rise in operating costs – attributed to continued investment in technology and workforce development – the Exchange maintained a healthy net profit margin of 41 per cent, up three percentage points year-on-year.
The MSE, first established in 1992, also declared a net ordinary dividend of €2.25 million, a significant increase of 225 per cent over the dividend paid in 2015. The company’s after-tax net income was reported to be 129 per cent higher than a decade ago.
Total assets rose by 10.73 per cent, reaching €15.6 million, largely fuelled by strategic investments in interest-bearing financial instruments.
The Exchange’s performance mirrors the strength of the broader Maltese economy, which recorded a 5.0 per cent growth rate in 2024.
“While global economic conditions remained mixed, the MSE successfully navigated challenges such as inflationary pressures and interest rate uncertainty,” the report stated.
Chairman Joseph Portelli attributed the Exchange’s robust performance to its “strategic direction and operational discipline,” adding that the organisation remains committed to “delivering value to stakeholders while building a resilient and future-ready marketplace.”
Looking ahead, the Malta Stock Exchange reaffirmed its focus on “increasing trading volume and liquidity” to further support the development of Malta’s capital markets.