(News Bulletin 247) – FlatexDEGIRO, Europe’s leading online broker, today published preliminary figures for the 2022 financial year.
Thus, turnover amounted to 407 million euros for the full year, a figure down 2.6% compared to the previous year (418 ME).
However, at the same time, EBITDA increased by 63% to reach 183 ME, and net profit doubled, from 52 to 106 ME.
FlatexDEGIRO also announces that it has registered 460,000 new customer accounts, while its customer base is expanding from 2.1 million (December 2021) to 2.4 million. However, the number of transactions carried out fell sharply, from 91 to 67 million.
For fiscal 2023, management is targeting continued growth and increased profitability.
“In a difficult environment, we once again delivered solid operational and financial performance, generating a net result of more than 100 million euros for the first time,” said Frank Niehage, CEO of flatexDEGIRO.
In addition, customer deposits increased by 15% to more than 3.2 billion euros, said the manager.
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