flatexDEGIRO: revenue up again in Q3
(CercleFinance.com) - Online broker flatexDEGIRO continued to post growth in both revenues and income in Q3 2024.
Driven by higher commission and interest income, revenues rose by 10.1% y-o-y to E111.7m (Q3 2023: E101.4m).
Based on the figures for the first nine months, with net income more than doubling to E85.7m (9m 2023: E40.6m), the company has confirmed its target of achieving net income at the upper end of forecasts, i.e. up to E108m for the current financial year, i.e. up 50%.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Driven by higher commission and interest income, revenues rose by 10.1% y-o-y to E111.7m (Q3 2023: E101.4m).
Based on the figures for the first nine months, with net income more than doubling to E85.7m (9m 2023: E40.6m), the company has confirmed its target of achieving net income at the upper end of forecasts, i.e. up to E108m for the current financial year, i.e. up 50%.
Copyright (c) 2024 CercleFinance.com. All rights reserved.