JDC Group AG
XETRA:JDC
JDC Group AG
JDC Group AG is a holding company, which engages in the provision of financial services. The company is headquartered in Wiesbaden, Hessen and currently employs 335 full-time employees. The company went IPO on 2005-11-28. The Company’s business is divided into two business segments: Advisory and AdvisorTech. The Advisory segment provides financial products of its subsidiaries Jung, DMS & Cie. and FiNUM to end customers via independent consultants, brokers and financial service providers. In addition, this segment also operates a managed portfolio of investment funds, closed-end funds, certificates, insurance policies and other financial products. The AdvisorTech segment provides information technology (IT) and management consulting services. The firm is active in Germany and Austria. JDC Group AG operates Jung, DMS & Cie, FiNUM. Private Finance AG (Austria), FiNUM Private Finance AG (Germany) and FiNUM. Finanzhaus AG as subsidiaries.
JDC Group AG is a holding company, which engages in the provision of financial services. The company is headquartered in Wiesbaden, Hessen and currently employs 335 full-time employees. The company went IPO on 2005-11-28. The Company’s business is divided into two business segments: Advisory and AdvisorTech. The Advisory segment provides financial products of its subsidiaries Jung, DMS & Cie. and FiNUM to end customers via independent consultants, brokers and financial service providers. In addition, this segment also operates a managed portfolio of investment funds, closed-end funds, certificates, insurance policies and other financial products. The AdvisorTech segment provides information technology (IT) and management consulting services. The firm is active in Germany and Austria. JDC Group AG operates Jung, DMS & Cie, FiNUM. Private Finance AG (Austria), FiNUM Private Finance AG (Germany) and FiNUM. Finanzhaus AG as subsidiaries.
Results: Revenue EUR 250.0 million (up 13.2% YoY); reported EBITDA EUR 20.6 million, adjusted EBITDA EUR 22.2 million (adjustment: EUR 1.6 million M&A costs).
Guidance: 2026 guidance raised to revenue EUR 300–330 million and EBITDA EUR 35–38 million (figures before minority interest).
Q4 strength: Record Q4 — ~EUR 70 million turnover and ~EUR 9.8–10.0 million EBITDA (Q4 EBITDA margin >13%; EBITDA-to-gross-margin 42% in Q4).
FMK acquisition: FMK contributed ~EUR 4.5 million EBITDA in 2025; management expects FMK to add ~EUR 30–35 million revenue and ~EUR 10 million EBITDA in 2026.
AI strategy: JDC positions itself as data + transaction hub (MORGEN & MORGEN data, extensive insurer APIs) and sees AI as a net opportunity — efficiency gains now and product tools for brokers in future.
Cash & balance sheet: Cash ending ~EUR 36 million (management cites total cash availability EUR 42 million including FMK-related cash), operating cash flow EUR 16.5 million; investing cash dominated by FMK purchase (~EUR 66 million of ~EUR 71 million).
Market/competition: Industry consolidation continues (Netfonds / blau deal highlighted); JDC expects continued M&A activity and remains an active buyer (Summitas pipeline ongoing).
