flatexDEGIRO AG
XHAM:FTK

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flatexDEGIRO AG Logo
flatexDEGIRO AG
XHAM:FTK
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Price: 31.22 EUR -3.46% Market Closed
Market Cap: €3.4B

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
Q1 2026
Call Date
Apr 23, 2026
AI Summary
Q1 2026

Strong Q1: flatexDEGIRO said Q1 2026 was a strong quarter, with revenue up 19% to EUR 174 million and net income up 28% to a record EUR 54 million.

Trading held up: Settled transactions rose 17% to 22.7 million, helped by market volatility and higher activity from existing customers.

Cash inflows: Net cash inflows were EUR 3.1 billion, and 98% of those inflows were reinvested into securities, back near the company’s historic pattern.

Cost control: Marketing spending rose sharply, but personnel expenses fell 10% and admin costs stayed flat, supporting margin expansion.

Guidance unchanged: Management kept full-year 2026 guidance unchanged at 5% to 10% revenue growth and 5% to 15% net income growth, and reiterated 2027 targets.

New products: The company highlighted early momentum in crypto, securities lending, and deposit-as-a-service, while also preparing savings plans and pension-related products for Germany and other European markets.

Key Financials
Revenue
EUR 174 million
Net income
EUR 54 million
Settled transactions
22.7 million
Net cash inflows
EUR 3.1 billion
Commission income
EUR 116 million
Interest income
EUR 49 million
Commissions per transaction
EUR 5.09
Operating expenses
EUR 63 million
Personnel expenses
EUR 29 million
Administrative expenses
EUR 13 million
Marketing expense
EUR 21 million
Customer base
123,000 new customers
Treasury book
EUR 1.2 billion
Treasury book yield
2.3%
Cash under custody
41% above Q1 2025 levels on average
Margin loan utilization
18% above Q1 2025 levels on average
Commission per transaction
EUR 5.09
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
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