flatexDEGIRO AG
ISIN: DE000FTG1111
WKN: FTG111
13 November 2024 09:30AM

EQS-News: flatexDEGIRO reaches three million customers

flatexDEGIRO AG · ISIN: DE000FTG1111 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2027871

EQS-News: flatexDEGIRO AG / Key word(s): Miscellaneous
flatexDEGIRO reaches three million customers

13.11.2024 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


flatexDEGIRO reaches three million customers

Following continued growth over the last years, the total number of customers at flatexDEGIRO now exceeds the three million mark. The pan-European online broker has more than tripled its customer base since 2020 and won an additional 400,000 new customers over the last 12 months alone.

“Over the past few years, we have experienced remarkable growth in our customer base and I would like to thank our customers for their trust and support," said Oliver Behrens, CEO of flatexDEGIRO AG. He confirmed the upcoming launch of crypto trading which will further expand the online broker’s product range. “We will have a very attractive offering for our customers to trade crypto currencies on our platforms,” Behrens added.

With close to 900,000 customers, flatexDEGIRO has its largest customer base in the Netherlands, the home market of its DEGIRO brand. Germany, where flatex started its price attractive flat fee execution model in 2006, is home to over 500,000 customers. Austria and Spain, with around 300,000 customers each, as well as other larger growth markets - such as France, Italy, Portugal and Switzerland - are showing some of the highest growth rates year-to-date.

Customer assets on the flatexDEGIRO platforms have constantly risen over recent years to a record-level today of around 66 billion Euro, with cash-inflows from customers amounting to over 500 million Euro a month on average.

 

For further information please contact:

Achim Schreck    Phone +49 (0) 69 450001 1700 
Head of IR & Corporate Communications  achim.schreck@flatexDEGIRO.com

Laura Hecker      Phone +49 (0) 160 3064 404 
Director Investor Relations    laura.hecker@flatexdegiro.com

 

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates one of the leading and fastest growing online brokerage platforms in Europe. Based on modern, in-house state-of-the-art technology, customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution on top TIER 1 exchanges. The technological edge, high efficiency and strong economies of scale enable flatexDEGIRO to continuously improve its service offering for clients and set leading standards in terms of product, price and platform quality.

With over 3 million customer accounts and around 60 million securities transactions processed in 2023, flatexDEGIRO is one of the largest retail online brokers in Europe. In times of bank consolidation, low real interest rates and digitalization, flatexDEGIRO is ideally positioned for further growth.

Further information can be found at https://www.flatexdegiro.com/en



13.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: flatexDEGIRO AG
Omniturm, Große Gallusstraße 16-18
60312 Frankfurt / Main
Germany
Phone: +49 (0) 69 450001 0
E-mail: ir@flatexdegiro.com
Internet: www.flatexdegiro.com
ISIN: DE000FTG1111
WKN: FTG111
Indices: SDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2027871

 
End of News EQS News Service

2027871  13.11.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 125,10 131,95 261,49 417,58 406,96 390,73 434,00
EBITDA1,2 42,37 37,58 98,43 112,09 183,28 140,35 197,00
EBITDA-Margin3 33,87 28,48 37,64 26,84 45,04 35,92 45,39
EBIT1,4 30,62 24,75 73,79 80,26 151,28 104,35 160,00
EBIT-Margin5 24,48 18,76 28,22 19,22 37,17 26,71 36,87
Net Profit (Loss)1 17,47 14,91 49,92 51,55 106,19 71,86 99,00
Net-Margin6 13,97 11,30 19,09 12,35 26,09 18,39 22,81
Cashflow1,7 250,07 -157,25 141,45 125,03 113,32 63,08 0,00
Earnings per share8 0,16 0,14 0,55 0,47 0,97 0,65 0,93
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,04 0,06
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: BDO

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
flatexDEGIRO
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
FTG111 DE000FTG1111 AG 1.628,31 Mio € 30.06.2009 Kaufen 9F2C4M6F+J9
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
14,08 26,60 0,53 35,54 2,43 25,81 4,17
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,04 0,06 0,41%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
02.06.2025 29.04.2025 28.08.2025 23.10.2024 26.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,54%
14,79 €
ATH 29,70 €
+5,17% +14,86% +32,36% +34,90% +1.416,41%

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