For the year ending 31 December 2025, MAS Markets delivered strong financial performance across the business. Turnover reached £6.13 million, representing a 92% increase year-on-year (2024: £3.19 million).
The 2025 financial year marked a period of significant growth and operational progress for MAS Markets, supported by continued investment in infrastructure, technology, and people.
Gross profit increased to £3.23 million, a 118% rise compared to £1.48 million in 2024, with gross margins improving to 52.68% (2024: 46.34%). The business generated EBITDA of £535,082, reflecting improved operational efficiency alongside continued investment into long-term scalability. Trading activity also increased materially during the year, with total trading volumes rising 81% year-on-year, highlighting continued client engagement and expanding activity across the MAS Markets platform.
Simon Blackledge, Chief Executive Officer of MAS Markets, commented:
“2025 was a year defined by strong execution and meaningful progress across the business. The growth achieved reflects the continued confidence of our clients and the commitment of our team. Strategic investment into people and infrastructure has positioned us with a solid operational foundation, enabling us to support further expansion and maintain momentum into 2026 and beyond.”
Investing in People and Operational Capability
During 2025, MAS Markets continued to strengthen its operational capability through targeted recruitment and infrastructure development.
The increase in administrative costs reflects planned growth in staff numbers, as operational, technology, and client-facing teams were expanded to support increasing business activity.
This investment has resulted in a strengthened staffing structure, providing the operational depth required to support continued expansion and deliver consistent service quality across global clients.
Expanding Product Capability
Throughout 2025, MAS Markets continued to broaden its product offering to meet evolving client requirements across global markets.
These developments formed part of a wider strategy focused on enhancing service delivery, diversifying revenue streams, and strengthening competitive positioning. Continued investment in technology and infrastructure ensured operational capacity remained aligned with increasing demand.
Momentum Continuing into 2026
The strong performance delivered in 2025 has carried forward into the current financial year.
By month 7 of 2026 (January 2026), revenue generated during the year had already exceeded the total revenue achieved during the full 2025 financial year. This milestone reflects sustained growth across the business and continued client engagement.
MAS Markets enters 2026 with an expanded operational platform, strengthened staffing structure, and enhanced product capability.
The focus remains on delivering reliable, scalable liquidity and execution services while continuing to invest in people, technology, and infrastructure to support long-term growth.