flatexDEGIRO: Aiming for a record year in 2024

(CercleFinance.com) – flatexDEGIRO publishes an adjusted turnover of 100.2 ME for the 4th quarter (+14.3% compared to the same period a year earlier), while the adjusted EBITDA increased established at 49.4 ME (+26.6%).

The number of customers reached 2.7 million, up 12.6%. On the other hand, gross account creations slowed down, going from 86,000 to 77,400 (i.e. -10%).

Over the entire financial year, flatexDEGIRO recorded an adjusted turnover of 390.7 ME (+6%), with an adjusted EBITDA of 154.4 ME (+6.5%) and an adjusted consolidated net profit up by 4%, to 81.8 ME.

For 2024, the broker is targeting revenue growth of 5 to 15% and an increase in consolidated net income of 25 to 50%.
According to flatexDEGIRO, ‘2024 could become the strongest year in the company’s history in terms of turnover and net income’.

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