Brief: Flow Traders Posts Q1 Adjusted Revenue EUR 111.6 million

Flow Traders

21/04/2023 06:33

Apr 21 (Reuters) - Flow Traders Q1 adjusted pretax profit EUR 42.9 million.
* Q1 adjusted net trading income EUR 110.4 million
* Q1 adjusted net income EUR 34.3 million
* Q1 adjusted revenue EUR 111.6 million
* Q1 adjusted operating expenses EUR 63.8 million
* Q1 adjusted EBITDA margin 43%
* Q1 adjusted EBITDA EUR 47.9 million
* Outlook 2023 FTEs are expected to remain broadly flat given expected
attrition
* Outlook 2023 Normalized Fixed Operating Expenses are still expected to be in
the range of EUR 175 million - EUR 185 million as reported previously