Brief: Flatexdegiro Q3 Revenues Up 10.1% At EUR 111.7 Mln

flatexDEGIRO SE

22/10/2024 17:04

Oct 22 (Reuters) - FLATEXDEGIRO AG  FTKn.DE :
    * REVENUES IN THE 3RD QUARTER GROW BY 10.1% YEAR-OVER-YEAR
TO €
111.7 MILLION AND REACH € 353.4  MILLION AFTER 9 MONTHS (+21.6%)
    * Q3 INCREASE IN SETTLED TRANSACTIONS IN THE QUARTER TO 14.8
MILLION DRIVEN BY STRONG CUSTOMER GROWTH
    * IN THE THIRD QUARTER OF 2024, COMMISSION INCOME INCREASED
BY 9
PERCENT COMPARED TO THE THIRD QUARTER OF 2023
    * FULL-YEAR REVENUE EXPECTED TO INCREASE SLIGHTLY ABOVE
ORIGINAL
GUIDANCE OF +15%
    * FORECAST FOR NET INCOME CONFIRMED AT THE UPPER END OF
GUIDANCE
(INCREASE OF UP TO 50%) - RECORD  RESULTS TARGETED
    * IN THE FIRST NINE MONTHS OF 2024, FLATEXDEGIRO SETTLED
46.2
MILLION TRANSACTIONS
    * INTEREST INCOME IN THE FIRST NINE MONTHS OF 2024 AMOUNTED
TO EUR
135.7 MILLION
    * AVERAGE UTILIZATION OF MARGIN LOANS BY FLATEXDEGIRO
CUSTOMERS
ROSE BY 14.1 PERCENT TO EUR  1.1 BILLION (Q3 2023: EUR 1.0
BILLION)

Further company coverage:  FTKn.DE 

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