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flatexDEGIRO AG (GB:0W89)
LSE:0W89
Earnings Data
Report Date
Jul 22, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.58Last Year’s EPS
0.57Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 3.86%
|Next Earnings Date:Jul 22, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a strong performance in terms of customer growth and financial metrics, with record revenues and net income. However, challenges such as high operating expenses and the expected decline in interest rates were also noted. The company is optimistic about future growth through strategic initiatives and product diversification.Company Guidance
In the call discussing the preliminary results for fiscal year 2024, flatexDEGIRO provided a detailed outlook with numerous metrics. The company achieved a record year with revenues of €480 million, marking a 23% increase from the previous year, and net income grew by 55% to €112 million. Customer growth was significant, with a 24% increase over 2023, adding 421,000 new customers and reducing customer acquisition costs by 24% to €75 per customer. The total customer base exceeded 3 million, maintaining a compound annual growth rate of 14% over the past three years. Active customers reached nearly 1 million in Q4 2024, with an average of 20 to 25 trades per customer per year. Commission income grew by 11%, and interest income rose by 32% to €180 million, with cash under custody increasing by 17% year-end. For 2025, flatexDEGIRO anticipates a mixed outlook, with stable commission income offsetting a decline in interest income, and aims for top-line growth within a range of plus/minus 5%, and net income growth up to 10%. The company plans to focus on cost reduction, operational efficiency, and strategic initiatives to achieve its 2027 revenue target of approximately €650 million and net income of €200 million.Record Year in Revenues and Earnings
Achim Schreck mentioned that 2024 was a record year for flatexDEGIRO in terms of revenues and earnings. Revenues reached €480 million, a 23% increase from the previous year, and net income grew by 55% year-over-year.
Significant Customer Growth
The company achieved a growth of 421,000 new customers, a 24% increase over the previous year, with the customer base exceeding 3 million.
Reduction in Regulatory Pressures
The special commissioner's mandate ended in September, and BaFin reduced the SREP by 150 basis points in December, indicating improvement in regulatory compliance.
Increase in Interest Income
Interest income increased by 32% to €180 million, supported by cash inflows and falling interest rates.
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GB:0W89 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0W89 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | €18.87 | €18.68 | -0.99% |
| Jul 23, 2024 | €13.14 | €13.26 | +0.85% |
| Feb 27, 2024 | €9.97 | €10.23 | +2.61% |
| Jul 24, 2023 | €9.37 | €9.36 | -0.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does flatexDEGIRO AG (GB:0W89) report earnings?
flatexDEGIRO AG (GB:0W89) is schdueled to report earning on Jul 22, 2025, TBA Not Confirmed.
What is flatexDEGIRO AG (GB:0W89) earnings time?
flatexDEGIRO AG (GB:0W89) earnings time is at Jul 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of flatexDEGIRO AG stock?
The P/E ratio of flatexDEGIRO AG is N/A.
What is GB:0W89 EPS forecast?
GB:0W89 EPS forecast for the fiscal quarter 2025 (Q2) is 0.58.
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