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Flow Traders Ltd
OTC:FLTLF

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Flow Traders Ltd
OTC:FLTLF
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Price: 32.445 USD 0.11% Market Closed
Market Cap: $1.4B

Flow Traders Ltd
Investor Relations

Flow Traders Ltd. engages in the provision of liquidity in exchange traded products. The company is headquartered in Amsterdam, Noord-Holland and currently employs 660 full-time employees. The company went IPO on 2015-07-10. The firm operates in the global financial markets, using its technology platform to provide liquidity by quoting bid and asking prices for various financial products. Its core trading focus is on exchange-traded products (ETPs) and it enables investors to buy and sell ETPs by quoting bid and ask prices under virtually all market circumstances. The firm provides this liquidity via two main routes: on screen, which is conducted on stock exchanges where the Company is a registered market maker in ETPs and off exchange, where it trades bilaterally with institutional counterparties, often through request for quote (RfQ) platforms, such as those operated by Tradeweb, MarketAxess and Bloomberg. The company has diversified its market making activities across multiple asset classes, such as fixed income, cryptocurrency, Foreign Exchange (FX), and commodity.

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Last Earnings Call
Fiscal Period
Q4 2024
Call Date
Feb 13, 2025
AI Summary
Q4 2024

Record Quarter: Flow Traders delivered its best-ever fourth quarter, with total income up 114% year-on-year to EUR 159 million.

Profit Surge: Net profit for Q4 reached EUR 63.2 million, an almost tenfold increase versus last year, and annual net profit rose over fourfold to EUR 159.5 million.

Strong Margins: EBITDA margin hit 52% in Q4 (up from 16% a year ago) and 45% for the year, reflecting strong operating leverage.

Strategic Capital Growth: Trading capital expanded 33% to EUR 775 million, and shareholders’ equity rose 31% to EUR 768 million, aligning with the firm’s ongoing Trading Capital Expansion Plan.

Guidance Maintained: Fixed operating expenses for 2025 are guided at EUR 190–210 million, mainly due to tech investment and targeted hiring.

Crypto & Digital Assets: Digital assets saw major growth, with trading volumes and ETP market value traded doubling quarter-on-quarter and institutional adoption accelerating.

No Shift in Strategy: Management emphasized ongoing balance sheet discipline and selectivity in digital asset investments, despite recent unrealized gains.

Key Financials
Net Trading Income
EUR 153.8 million
Other Income
EUR 5.1 million
Total Income
EUR 159 million
Net Trading Income (Full Year)
EUR 467.8 million
Other Income (Full Year)
EUR 11.5 million
Total Income (Full Year)
EUR 479.3 million
Fixed Operating Expenses (Q4)
EUR 45.3 million
Fixed Operating Expenses (Full Year)
EUR 179.1 million
EBITDA (Q4)
EUR 82.1 million
EBITDA Margin (Q4)
52%
EBITDA (Full Year)
EUR 214.9 million
EBITDA Margin (Full Year)
45%
Net Profit (Q4)
EUR 63.2 million
EPS (Q4)
EUR 1.47
Net Profit (Full Year)
EUR 159.5 million
EPS (Full Year)
EUR 3.69
Trading Capital
EUR 775 million
Shareholders' Equity
EUR 768 million
Return on Equity
24%
FTEs (End of Year)
609
ETP Value Traded (Q4)
13% increase compared to the same period last year; 16% increase compared to last quarter
Total Value Traded (Q4)
14% increase year-on-year; 6% increase quarter-on-quarter
ETP Assets Under Management
almost EUR 14 trillion
Earnings Call Recording
Other Earnings Calls

Management

Ms. Hermien Smeets-Flier
CFO & Executive Director
No Bio Available
Mr. Owain Lloyd
CTO & Executive Director
No Bio Available
Mr. Eric Pan C.F.A.
Head of Investor Relations
No Bio Available
Mr. Aaron Dimitri
Global Head of Compliance
No Bio Available
Mr. Philip Kaufmann
Global Head of HRM & Recruitment
No Bio Available
Mr. Diederik Dorst
Global Head of Regulation & Market Structure
No Bio Available
Mr. Maarten van den Muijsenberg
Global Head of Risk
No Bio Available
Mr. Coen van Sevenhoven
Global Head of Trading
No Bio Available
Mr. Cam Colella
Global Head of Technology
No Bio Available

Contacts

Address
NOORD-HOLLAND
Amsterdam
Jacob Bontiusplaats 9
Contacts