TISE Reports Exceptional Growth in Turnover and Profit for 2024 Financial Year

TISE Achieves Record Financial Milestones in 2024

The International Stock Exchange (TISE) has reported substantial growth in its financial performance for the year ending December 31, 2024. According to the latest Annual Report, TISE has set new benchmarks with a record turnover of £13.3 million, marking an impressive year-on-year increase of 22.6%. In line with revenue growth, the profit after tax surged by 24.2%, reaching a new peak of £6.0 million. Additionally, the earnings per share also rose to 212.7p, indicating robust performance on multiple fronts.

TISE’s Chair, Anderson Whamond, shared insights on the promising outcomes, stating, "The macro-economic environment has bolstered our performance, particularly amid ongoing geopolitical uncertainties. This exceptional financial outcome reflects our strategic initiatives over the past three years, positioning us for sustained growth."

During 2024, TISE demonstrated a commitment to returning value to its shareholders through the declaration of a special dividend along with two ordinary dividends, totaling £9.1 million or 320p per share distributed in the fiscal year. This move underscores TISE's strong cash generation capabilities, reinforcing the positive sentiment among its shareholders.

One of the notable highlights of TISE's performance was the addition of 952 new listings, bringing the total number of securities on the Official List to 4,487, which is a significant 5.3% increase from the previous year and the highest count since the Exchange's inception. The combined market value of these securities registered at a noteworthy £756 billion as of December 31, 2024, reflecting TISE’s attractive position in the capital markets.

The Qualified Investor Bond Market (QIBM), TISE's leading platform for professional bonds, maintained its stronghold with 939 new securities admitted in 2024, solidifying its reputation as a go-to venue for debt securities. Moreover, TISE expanded its offerings in the equity market with the introduction of the Specialist Company Listing Rules, designed to cater to a growing number of unique investment vehicles, including SPV holding companies and Real Estate Investment Trusts (REITs).

Among the newly listed entities were several UK REITs, and TISE is now running with an impressive count of 42 UK REITs on its roster, making it one of the largest venues for such securities. This expansion and diversification in listings highlight TISE's adaptability to the evolving market landscape and investor needs.

On the private markets front, TISE launched a new service that provides tailored stock exchange solutions for private companies, starting successfully with its first client, Blue Diamond Limited. The Group is optimistic about the future, as there is a growing interest among private companies seeking efficient capital-raising avenues, especially as the number of private enterprises in the UK continues to grow, despite a simultaneous decline in the number of publicly listed companies.

Cees Vermaas, the CEO of TISE, emphasized the implications of their solid financial and operational performance. He stated, "Our investments have positioned us strategically for further growth, and we are keen on harnessing new opportunities and innovative offerings for both public and private markets as we embark on our refreshed strategy for 2025-2027."

This impressive set of results showcases TISE's capacity for resilience and adaptability in the financial sector. As the company continues to enhance its service offerings and grow its market share, TISE stands as a robust player in the evolving landscape of stock exchanges. The Annual Report for 2024 is available for further details and insights into these milestones.

For more information, visit TISE’s official site.