flatexDEGIRO: sequential increase of 14.2% in quarterly sales


(CercleFinance.com) – flatexDEGIRO publishes this evening a turnover of 118.1 ME for the 1st quarter of 2022, up 14.2% compared to the 4th quarter of 2021.

Adjusted EBITDA stood at 54.5 ME compared to 31 ME in the 4th quarter of 2021, i.e. a sequential increase of 75.8%.

flatexDEGIRO also announces that it has 185,000 new customers in the 1st quarter of 2022 (141,000 new customers registered during the previous quarter, i.e. a 31% increase in the number of new customers).

This contributes to the 10.6% increase in the number of quarterly transactions: flatexDEGIRO recorded 21.9 million transactions in the 1st quarter of 2022 compared to 19.8 million in the 4th quarter of 2021.

The company now has 2.21 million customer accounts, up 7% from the 2.06 million registered accounts at the end of December.

For 2022, flatexDEGIRO hopes to have between 640 and 840,000 new customers and reach between 95 and 115 million transactions.

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