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Condensed Financial Information of Parent Company Only Disclosure
 12 Months Ended
Sep. 30, 2022
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, 2022September 30,
2021
ASSETS
Cash and cash equivalents$6.1 $34.7 
Receivable from clients, net0.2 0.4 
Deposits with and receivables from subsidiary broker-dealer, net89.1 — 
Notes receivable, net5.0 6.1 
Income taxes receivable55.5 63.7 
Investment in subsidiaries(1)
1,286.8 1,100.4 
Financial instruments owned, at fair value5.1— 
Deferred income taxes, net14.72.4 
Property and equipment, net62.155.4 
Operating right of use assets69.0 66.3 
Other assets30.8 23.7 
Total assets$1,624.4 $1,353.1 
LIABILITIES AND EQUITY
Liabilities:
Accounts payable and other accrued liabilities$90.7 $80.6 
Operating lease liabilities93.3 86.2 
Payable to subsidiaries, net293.3 185.0 
Payable to lenders under loans268.1 8.6 
Senior secured borrowings, net339.1 506.5 
Financial instruments sold, not yet purchased, at fair value73.6 0.9 
Total liabilities1,158.1 867.8 
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 30,000,000 shares; 22,911,227 issued and 20,303,904 outstanding at September 30, 2022 and 22,431,233 issued and 19,823,910 outstanding at September 30, 2021
0.2 0.2 
Common stock in treasury, at cost - 2,607,323 shares at September 30, 2022 and 2021
(69.3)(69.3)
Additional paid-in capital340.2 315.7 
Retained earnings(1)
248.8 238.7 
Accumulated other comprehensive loss, net(53.6)— 
Total StoneX Group Inc. (Parent Company Only) stockholders’ equity466.3 485.3 
Total liabilities and equity$1,624.4 $1,353.1 

(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, investment in subsidiaries and retained earnings would each increase by $640.8 million as of September 30, 2022, and $443.8 million, as of September 30, 2021, respectively.
Schedule I
StoneX Group Inc.
Condensed Statements of Operations
Parent Company Only
 Year Ended September 30,
(in millions)202220212020
Revenues:
Management fees from affiliates$109.9 $52.5 $45.1 
Trading (losses) gains, net(2.8)(0.1)0.6 
Consulting fees0.1 0.3 0.3 
Interest income2.2 1.5 2.4 
Dividend income from subsidiaries(1)
124.4 372.7 111.8 
Total revenues233.8 426.9 160.2 
Interest expense60.9 49.6 30.0 
Net revenues172.9 377.3 130.2 
Non-interest expenses:
Compensation and benefits113.7 99.9 88.0 
Trade systems and market information6.5 6.0 3.9 
Occupancy and equipment rental8.4 8.7 3.8 
Selling and marketing4.9 1.0 3.8 
Professional fees11.9 6.9 12.9 
Travel and business development2.3 0.8 1.7 
Non-trading technology and support30.6 24.9 19.8 
Depreciation and amortization11.0 8.7 6.7 
Communications1.8 1.7 0.7 
Impairment— 0.1 2.5 
Management services fees to affiliates4.3 3.6 2.3 
Other12.4 8.7 7.3 
Total non-interest expenses207.8 171.0 153.4 
Gain on acquisitions— 3.4 81.9 
Income (loss) before tax(34.9)209.7 58.7 
Income tax benefit45.0 33.8 29.5 
Net income$10.1 $243.5 $88.2 

(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/(losses) of $197.0 million, $(127.2) million, and $81.4 million for the years ended September 30, 2022, 2021, and 2020, respectively.
Schedule I
StoneX Group Inc.
Condensed Statements of Cash Flows
Parent Company Only
 Year Ended September 30,
(in millions)202220212020
Cash flows from operating activities:
Net income $10.1 $243.5 $88.2 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization11.0 8.7 6.7 
Amortization of operating right of use assets6.1 6.1 4.4 
Deferred income taxes4.7 1.8 — 
Amortization and extinguishment of debt issuance costs3.2 3.3 6.1 
Loss on extinguishment of debt— 0.1 — 
Amortization of share-based compensation expense16.5 12.9 9.2 
Dividends(9.6)(125.0)— 
Impairment— — 2.5 
Gain on acquisition— (3.3)(81.9)
Changes in operating assets and liabilities:
Payable to subsidiaries, net113.6 118.3 149.3 
Receivable from clients, net0.2 — 0.1 
Deposits with and receivables from subsidiary broker-dealer, net(89.1)— — 
Notes receivable, net1.1 (4.4)1.1 
Income taxes receivable8.2 (17.4)(48.4)
Financial instruments owned, at fair value(5.1)— — 
Other assets(7.3)(4.2)(7.7)
Accounts payable and other accrued liabilities12.0 12.7 24.0 
Operating lease liabilities (1.7)(2.6)(2.8)
Payable to clients— (0.3)— 
Financial instruments sold, not yet purchased, at fair value2.1 (0.2)(83.4)
Net cash provided by operating activities76.0 250.0 67.4 
Cash flows from investing activities:
Capital contribution to affiliates(180.8)(170.2)(251.9)
Purchase of property and equipment and internally developed software(17.8)(22.0)(10.2)
Net cash used in investing activities(198.6)(192.2)(262.1)
Cash flows from financing activities:
Net change in lenders under loans259.5 (23.4)(47.0)
Payments of notes payable— — (0.4)
Proceeds from issuance of senior secured term loan — — 21.5 
Repayments of senior secured term loan(170.3)(9.8)(9.8)
Proceeds from issuance of senior secured notes— — 344.8 
Repayments of senior secured notes— (1.6)(92.1)
Issuance of note payable— 9.0 — 
Deferred payments on acquisitions(1.9)(2.2)(0.9)
Share repurchase— (11.7)(7.5)
Debt issuance costs— — (14.0)
Exercise of stock options6.7 9.2 5.5 
Net cash provided by/(used in) financing activities94.0 (30.5)200.1 
Net (decrease)/increase in cash and cash equivalents(28.6)27.3 5.4 
Cash and cash equivalents at beginning of period34.7 7.4 2.0 
Cash and cash equivalents at end of period$6.1 $34.7 $7.4 
Supplemental disclosure of cash flow information:
Cash paid for interest$34.9 $28.5 $15.3 
Income taxes paid/(received), net of cash refunds$2.6 $9.8 $(4.3)
Supplemental disclosure of non-cash investing and financing activities:
Additional consideration payable related to acquisitions$— $— $21.6