ABC arbitrage reported consolidated earnings results for the year ended December 31, 2015. For the year, the company reported net revenue of EUR 47.7 million, income before tax of EUR 26.3 million, net income of EUR 24.2 million and earnings per share of EUR 0.43 against net revenue of EUR 46.6 million, income before tax of EUR 27.9 million, net income of EUR 18.8 million and earnings per share of EUR 0.34 for the same period a year ago. Net income and return on equity (ROE) was, 17.1% compared with 14.7% in 2014.

The increase in earnings was due to higher market volatility and M&A activity in the second half of the year, confirming the importance of these two components of its earnings structure.