flatexDEGIRO SE Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 delivered record net income and strong revenue growth, driven by higher trading activity, new product launches, and robust customer engagement, despite increased marketing spend and volatile markets. Guidance for 2026 and 2027 remains confident, with continued focus on operational efficiency and product expansion.
Fiscal Year 2025
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Record 2025 results with 17% revenue and 44% net income growth, driven by strong customer and trading activity, product innovation, and disciplined cost management. 2026 guidance targets continued growth, with a new 20% dividend payout policy and ongoing investments in platform scalability and new products.
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Q3 2025 delivered robust revenue and net income growth, driven by higher commissions, stable interest income, and disciplined costs. New product rollouts in crypto trading and securities lending supported customer and top-line expansion, while guidance for 2025 was significantly raised.
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Record H1 results with 15%-25% net income growth guidance, driven by volatility and strong platform inflows. Crypto and securities lending initiatives progressing, with cost discipline supporting operating leverage. Capital strategy update expected by year-end.
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Q1 2025 saw record revenue and net income, driven by high trading volumes and strong customer growth. Crypto trading expanded, costs were well managed, and the real estate loan portfolio was fully divested. Guidance remains cautious due to expected market normalization.
Fiscal Year 2024
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Record 2024 results with 23% revenue and 55% net income growth, driven by strong customer acquisition and product expansion. 2025 guidance is cautious due to expected lower interest income, but strategic initiatives target €650 million revenue and €200 million net income by 2027.
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Record nine-month results with 22% revenue and 111% net income growth, upgraded 2024 guidance, and major regulatory milestone achieved. Crypto trading and pension products to drive future growth, while admin costs are set to decline and a share buyback is underway.
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Record H1 and Q2 results with revenues up 28% and net income more than tripling year-over-year, driven by strong commission and interest income. Guidance for 2024 remains at the top end, with a first dividend and share buyback program approved. Regulatory and CEO search processes are ongoing.