Brief: FlatexDEGIRO Q2 Revenues Up 31 % To Eur 119 Mln Vs.Q2 2023 Eur 90 Mln

flatexDEGIRO SE

23/07/2024 17:04

July 23 (Reuters) - flatexDEGIRO AG  FTKn.DE :
    * REVENUES IN Q2 2024 INCREASED BY 31 % TO EUR 119 MILLION
(Q2
2023: EUR 90 MILLION)
    * COMMISSION INCOME (+25 %) BENEFITS FROM GROWING CUSTOMER
BASE
AND HIGHER AVERAGE TRADING ACTIVITY OF CUSTOMERS
    * Q2 NET INCOME INCREASES BY 133 % TO EUR 31 MILLION (Q2
2023: EUR
12 MILLION); 205,900 NEW CUSTOMER ACCOUNTS OPENED IN H1 2024, UP
11 % (H1 2023: 186,000)
    * NET CASH INFLOWS OF EUR 3.25 BILLION IN H1 2024 (+14 %
VERSUS
EUR 2.86 BILLION IN H1 2023)
    * REVENUES IN 2024 EXPECTED TO INCREASE BY UP TO 15 %, NET
INCOME
EXPECTED TO INCREASE BY UP TO 50 %
    * ALL COMMERCIAL KEY PERFORMANCE INDICATORS HAVE DEVELOPED
POSITIVELY IN Q2 2024
    * FROM APRIL TO JUNE 2024, APPROX. 84,600 NEW CUSTOMER
ACCOUNTS
WERE OPENED, AN INCREASE OF 15.0 PERCENT (Q2 2023: APPROX.
73,600)

Source text for Eikon:  ID:nEQ7VHX2Wa 
Further company coverage:  FTKn.DE 

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