FXCM Inc. Announces Fourth Quarter 2011 and Full Year 2011 Results

Releases February 2012 Operating Metrics

 

Fourth Quarter Highlights:

·2011 fourth quarter US GAAP revenues of $108.8 million, up 13% versus the same period in 2010
·Adjusted Pro Forma EBITDA of $26.4 million, down 18% versus the same period in 2010
·Adjusted Pro Forma net income of $20.7 million, up 14% versus the same period in 2010
·Adjusted Pro Forma fully diluted earnings per share of $0.28, up 17% versus the same period in 2010
·Fourth quarter US GAAP net income of $3.2 million(1)
·Fourth quarter US GAAP fully diluted earnings per share of $0.21(1)
·Customer equity of $1,047 million, up 63% from same period in 2010
·Active accounts of 163,094, up 20% from the same period in 2010
·Completed acquisition of Foreland, a Japanese FX broker

 

Full-Year Highlights:

·Full year revenues under US GAAP of $415.9 million, up 15% compared to 2010
·Adjusted Pro Forma EBITDA of $111.9 million, down 7% compared to 2010
·Adjusted Pro Forma net income of $67.2 million, down 4% compared to 2010
·Adjusted Pro Forma fully diluted earnings per share of $0.90, down 2% compared to 2010
·2011 US GAAP net income of $12.7 million(1)
·2011 US GAAP fully diluted earnings per share of $0.77(1)

 

·Declared a quarterly dividend of $0.06 per share of Class A common stock

 

NEW YORK, NY – March 14, 2012 – FXCM Inc. (NYSE: FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced for the quarter ended December 31, 2011, revenues under US GAAP of $108.8 million, compared to $96.1 million for the quarter ended December 31, 2010, an increase of 13%. Adjusted Pro Forma EBITDA for the fourth quarter 2011 was $26.4 million, compared to $32.3 million for the fourth quarter 2010, a decrease of 18%. Adjusted Pro Forma Net Income was $20.7 million for the fourth quarter 2011, compared to $18.1 million, an increase of 14%. Adjusted Pro Forma fully diluted earnings per share for the fourth quarter 2011 of $0.28 on a fully exchanged, fully diluted basis, compared to $0.24 per share for the fourth quarter 2010, an increase of 17%. U.S. GAAP net income for the fourth quarter 2011 was $3.2 million, or $0.21 cents per fully diluted Class A share.

 


The following information was filed by Fxcm Inc. (FXCM) on Wednesday, March 14, 2012 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Fxcm Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Fxcm Inc..

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account