flatexDEGIRO AG
F:FTK

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flatexDEGIRO AG Logo
flatexDEGIRO AG
F:FTK
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Price: 37.34 EUR 0.54% Market Closed
Market Cap: 4.1B EUR

flatexDEGIRO AG
Investor Relations

In the competitive landscape of online brokerage, flatexDEGIRO AG has carved out a notable position as one of Europe's leading financial technology companies. Originally founded in Germany, flatexDEGIRO operates under a unified umbrella, having grown from a local brokerage outfit into a pan-European powerhouse. The company primarily functions as an online broker, providing widespread access to various financial markets, including stocks, bonds, exchange-traded funds (ETFs), and derivatives. Their innovative approach is epitomized by a strong commitment to user-friendly, tech-driven solutions. By offering low-cost trading on a highly efficient platform, flatexDEGIRO has managed to attract a voluminous client base spanning 18 countries, thus underpinning its expansive reach.

Flat fees and competitive pricing structures form the backbone of flatexDEGIRO's business model. Unlike traditional financial institutions that charge commissions based on transaction volumes, flatexDEGIRO derives revenue from flat fees, thus enabling a predictable and steady income stream. In addition, the company benefits from earning interest on cash balances held in client accounts and offering premium services such as investment advice and portfolio management for added fees. This revenue diversification ensures stability and growth potential, even amid market volatility. By leveraging cutting-edge technology and maintaining a customer-centric approach, flatexDEGIRO continues to fortify its standing in the fast-evolving financial markets landscape.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 22, 2025
AI Summary
Q3 2025

Revenue & Profit Growth: flatexDEGIRO reported 18% year-on-year revenue growth and a 57% increase in net income for Q3, citing higher commissions and stable interest income.

Upgraded Guidance: The company significantly raised its full-year 2025 guidance, now expecting revenue of EUR 530–550 million (up 10–15% vs. 2024) and net income of EUR 150–160 million (up 34–43%).

Cost Discipline: Personnel and marketing expenses were kept flat year-over-year, and administrative expenses dropped 38% year-on-year, contributing to improved profitability.

Crypto & Securities Lending: Crypto trading volumes and adoption increased sharply with international rollout, while securities lending was launched in the Netherlands and Spain.

Treasury Strategy: The company began shifting more client cash into high-quality bonds to modestly improve interest income, with a new treasury system planned for Q1 2026.

Customer Growth: Gross customer additions grew 9% year-on-year to 100,000 in Q3; assets under custody reached a record EUR 92 billion.

Active Clients: 30% of customers placed at least one trade in both Q2 and Q3, slightly below early-year figures but within normal range.

Key Financials
Revenue
EUR 530–550 million (guidance)
Net Income
EUR 150–160 million (guidance)
Q3 Net Income
EUR 39 million
Net Income Margin
30%
Gross Customer Additions (Q3)
100,000
Settled Transactions (Q3)
17.7 million
Assets Under Custody
EUR 92 billion
Securities Under Custody
EUR 86.3 billion
Cash Under Custody
Over EUR 5.6 billion
Net Cash Inflows (YTD)
EUR 7.2 billion
Average Cash Per Customer
EUR 1,650
Average Commission Per Trade (Q3)
EUR 4.83
Personnel Expenses (Q3)
EUR 26.3 million
Marketing Expenses (Q3)
EUR 6 million
Average Customer Acquisition Cost (Q3)
EUR 60
Other Administrative Expenses (Q3)
EUR 10.9 million
Active Customers (Q3)
30%
Crypto Trading Volume (Q3)
EUR 270 million
Crypto Commission Rate
47 basis points (blended rate, first 9 months)
Earnings Call Recording
Other Earnings Calls

Management

Dr. Benon Janos
Deputy CEO, CFO & Member of the Management Board
No Bio Available
Mr. Stephan Simmang
CTO & Member of the Management Board
No Bio Available
Mr. Oliver Behrens
Chief Executive Officer
No Bio Available
Ms. Christiane Strubel
Chef Human Resource Officer & Member of Management Board
No Bio Available
Mr. Achim Schreck
Head of Investor Relations & Corporate Communications
No Bio Available
Mr. Steffen Jentsch
Chief Process Officer
No Bio Available
Mr. Stefan Armbruster
MD & Co-Head of B2C
No Bio Available
Dr. Matthias Heinrich
Chief Risk Officer
No Bio Available
Dr. Thomas Lindner
Global Head of Finance & Procurement
No Bio Available
Ms. Laura Hecker
Director of Investor Relations
No Bio Available

Contacts

Address
HESSEN
Frankfurt
Rotfeder-Ring 7
Contacts
+49694500010.0
flatexdegiro.com