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Condensed Financial Information of Parent Company Only Disclosure

12 Months Ended

Sep. 30, 2024

Condensed Financial Information Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure

Schedule I

StoneX Group Inc.

Condensed Balance Sheets

Parent Company Only

(in millions)			September 30, 2024						September 30, 2023
ASSETS
Cash and cash equivalents			$	22.1					$	2.1
Receivable from subsidiaries, net			7.9						—
Deposits with and receivables from subsidiary broker-dealer, net			2.0						77.0
Notes receivable, net			—						5.0
Income taxes receivable			135.9						132.1
Investment in subsidiaries(1)			1,390.1						1,325.3
Financial instruments owned, at fair value			9.6						7.6
Deferred tax assets			2.3						7.2
Property and equipment, net			61.2						66.3
Operating right of use assets			62.2						65.5
Other assets			39.8						35.6
Total assets			$	1,733.1					$	1,723.7
LIABILITIES AND EQUITY
Liabilities:
Accounts payable and other accrued liabilities			$	78.1					$	135.7
Operating lease liabilities			88.6						91.1
Payable to subsidiaries, net			—						288.3
Payable to lenders under loans			167.9						157.5
Senior secured borrowings, net			543.1						342.1
Financial instruments sold, not yet purchased, at fair value			0.2						27.0
Total liabilities			877.9						1,041.7
Equity:
StoneX Group Inc. (Parent Company Only) stockholders’ equity:
Preferred stock, $0.01 par value. Authorized 1,000,000 shares; no shares issued or outstanding			—						—
Common stock, $0.01 par value. Authorized 200,000,000 shares; 35,785,432 issued and 31,874,447 outstanding at September 30, 2024 and 35,105,852 issued and 31,194,867 outstanding at September 30, 2023			0.4						0.4
Common stock in treasury, at cost - 3,910,985 shares at September 30, 2024 and 2023			(69.3)						(69.3)
Additional paid-in capital			414.3						371.7
Retained earnings(1)			502.7						397.9
Accumulated other comprehensive loss, net			7.1						(18.7)
Total StoneX Group Inc. (Parent Company Only) stockholders’ equity			855.2						682.0
Total liabilities and equity			$	1,733.1					$	1,723.7

(1) Within the Condensed Balance Sheets and Condensed Statements of Operations of StoneX Group Inc. - Parent Company Only, the Company has accounted for its investment in wholly owned subsidiaries using the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such subsidiaries is not included in the Condensed Balance Sheet or Condensed Statements of Operations. If the accounting for its investment in wholly owned subsidiaries was presented under the equity method of accounting, investment in subsidiaries and retained earnings would each increase by $886.2 million as of September 30, 2024, and $730.2 million, as of September 30, 2023, respectively.

Schedule I

StoneX Group Inc.

Condensed Statements of Operations

Parent Company Only

			Year Ended September 30,
(in millions)			2024						2023						2022
Revenues:
Management fees from affiliates			$	274.2					$	328.7					$	109.9
Trading gains (losses), net			(0.6)						1.8						(2.8)
Consulting fees			—						0.2						0.1
Interest income			9.3						3.3						2.2
Dividend income from subsidiaries(1)			272.8						281.1						124.4
Total revenues			555.7						615.1						233.8
Interest expense			92.2						83.1						60.9
Net revenues			463.5						532.0						172.9
Non-interest expenses:
Compensation and benefits			137.3						137.9						113.7
Trade systems and market information			9.5						10.2						6.5
Occupancy and equipment rental			10.7						9.3						8.4
Selling and marketing			5.5						2.2						4.9
Professional fees			13.2						12.7						11.9
Travel and business development			3.3						3.1						2.3
Non-trading technology and support			49.4						37.4						30.6
Depreciation and amortization			16.6						13.7						11.0
Communications			2.9						3.4						1.8
Management services fees to affiliates			140.4						188.4						4.3
Other			16.5						12.1						12.4
Total non-interest expenses			405.3						430.4						207.8
Gain on acquisitions and other gains, net			7.0						2.1						—
Income (loss) before tax			65.2						103.7						(34.9)
Income tax benefit			39.6						45.4						45.0
Net income			$	104.8					$	149.1					$	10.1

(1) Within the Condensed Balance Sheets and Condensed Statements of Operations of StoneX Group Inc. - Parent Company Only, the Company has accounted for its investment in wholly owned subsidiaries using the cost method of accounting. Under this method, the Company’s share of the earnings or losses of such subsidiaries is not included in the Condensed Balance Sheet or Condensed Statements of Operations. If the accounting for its investment in wholly owned subsidiaries was presented under the equity method of accounting, total revenues would also include subsidiary earnings of $156.0 million, $89.4 million, and $197.0 million for the years ended September 30, 2024, 2023, and 2022, respectively.

Schedule I

StoneX Group Inc.

Condensed Statements of Cash Flows

Parent Company Only

			Year Ended September 30,
(in millions)			2024						2023						2022
Cash flows from operating activities:
Net income			$	104.8					$	149.1					$	10.1
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Depreciation and amortization			16.6						13.7						11.0
Amortization of operating right of use assets			5.7						5.8						6.1
Deferred income taxes			(3.2)						(3.6)						4.7
Amortization and extinguishment of debt issuance costs			3.8						3.9						3.2
Loss on extinguishment of debt			3.7						—						—
Amortization of share-based compensation expense			33.6						26.2						16.5
Dividends			(48.1)						(12.7)						(9.6)
Changes in operating assets and liabilities:
Receivables from subsidiaries, net			(7.9)						—						—
Payable to subsidiaries, net			(245.1)						11.0						113.6
Receivable from clients, net			—						0.2						0.2
Deposits with and receivables from subsidiary broker-dealer, net			75.0						12.1						(89.1)
Notes receivable, net			—						—						1.1
Income taxes receivable			(3.9)						(76.6)						8.2
Financial instruments owned, at fair value			5.9						(0.8)						(5.1)
Other assets			(5.1)						(5.7)						(7.3)
Accounts payable and other accrued liabilities			(34.8)						45.8						12.0
Operating lease liabilities			(4.9)						(4.5)						(1.7)
Financial instruments sold, not yet purchased, at fair value			0.1						(3.1)						2.1
Net cash (used in)/provided by operating activities			(103.8)						160.8						76.0
Cash flows from investing activities:
Capital contribution to affiliates			(56.3)						(40.0)						(180.8)
Collection of notes receivable			5.0						—						—
Purchase of property and equipment and internally developed software			(11.5)						(17.9)						(17.8)
Net cash used in investing activities			(62.8)						(57.9)						(198.6)
Cash flows from financing activities:
Net change in lenders under loans with maturities 90 days or less			10.4						(110.6)						259.5
Repayments of senior secured term loan			—						—						(170.3)
Repayments of senior secured notes			(347.9)						—						—
Proceeds from issuance of senior secured notes			550.0						—						—
Deferred payments on acquisitions			(23.6)						—						(1.9)
Debt issuance costs			(7.7)						—						—
Exercise of stock options			5.4						3.7						6.7
Net cash provided by/(used in) financing activities			186.6						(106.9)						94.0
Net increase/(decrease) in cash and cash equivalents			20.0						(4.0)						(28.6)
Cash and cash equivalents at beginning of period			2.1						6.1						34.7
Cash and cash equivalents at end of period			$	22.1					$	2.1					$	6.1
Supplemental disclosure of cash flow information:
Cash paid for interest			$	26.5					$	15.3					$	34.9
Income taxes paid, net of cash refunds			$	21.3					$	34.9					$	2.6

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- References

No definition available.

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X

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481231/810-10-45-11

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