XTB S.A. (WSE:XTB)
Poland flag Poland · Delayed Price · Currency is PLN
130.70
+2.56 (2.00%)
Jul 14, 2026, 5:03 PM CET

XTB S.A. Earnings Call Transcripts

Fiscal Year 2025

  • Q3 2025 saw net profit of PLN 53 million amid low market volatility, but customer acquisition hit record highs and active clients surpassed 1 million. Operating costs and marketing spend rose sharply, while management remains focused on growth, product expansion, and maintaining strong liquidity.

  • Record H1 2025 results with net profit of PLN 410 million and revenue of PLN 1,116 million, driven by a 70% increase in active customers and robust marketing. Despite FX losses and higher costs, customer acquisition and international expansion remain strong, with continued investment in technology and security.

  • Q1 2025 saw record revenue of PLN 580 million (+4% YoY), net profit of PLN 194 million, and a 77% rise in active customers. Operating expenses and marketing spend surged, while FX losses impacted results. Expansion, new product launches, and tech upgrades remain key priorities.