The Gym Group reported a 48% increase in first-half pre-tax profit for 2026, driven by a 5% rise in average membership to around 1 million and a 5% increase in revenue per member. Revenue grew 10% to £133.1 million, and adjusted EBITDA less normalised rent rose 12% to £30.8 million. The company is expanding aggressively, opening new gyms and refurbishing existing ones, with plans for at least 20 new sites in 2026 and a target of 75 over three years. It expects full-year earnings to reach the top end of analyst forecasts, supported by controlled cost growth and strong free cash flow.
Interactive Brokers reported a 77% pre-tax margin in Q2 2026, significantly outperforming its peers and demonstrating high operational efficiency. The company saw broad growth with net revenue up 28.1%, commission revenue up 30.4%, and net interest i...
Federal authorities charged two brothers from Jacksonville, Florida, Vladislav and Stanislav Chernyshov, with distributing counterfeit pills laced with potent nitazene opioids via darknet markets under the name "BarbaraWhite." Their operation is link...
Matter Labs has released the core software of Prividium’s permissioning engine as open-source, allowing institutions to run, inspect, and modify it within their own environments. Deutsche Bundesbank is the first institution publicly testing and deplo...
ARES stock has surged about 16.5% following strong double-digit growth in Fundraising and Revenue Equivalent (FRE) of around 20%, with assets under management (AUM) reaching $671 billion and fee-paying AUM (FPAUM) at $410 billion. The infrastructure ...
BitMart has appointed Alvarez & Marsal as its financial adviser to assess its financial position, stakeholder claims, and withdrawal arrangements following a trading halt announced on August 26. The exchange is reviewing possible paths including an o...
