FlatexDEGIRO: targets a record year in 2024

(CercleFinance.com) - flatexDEGIRO reports adjusted sales of E100.
2m for Q4 (+14.3% y-o-y), while adjusted EBITDA reached E49.4m (+26.6%).

The number of customers reached 2.7 million, up 12.6%. However, gross account creations slowed from 86,000 to 77,400 (-10%).

For the full year, flatexDEGIRO posted adjusted sales of E390.7m (+6%), with adjusted EBITDA of E154.4m (+6.5%) and adjusted consolidated net profit up 4% at E81.8m.

For 2024, the broker is targeting sales growth of 5%-15% and a 25%-50% increase in consolidated net income.

flatexDEGIRO says that 2024 could become the strongest year in the company's history in terms of sales and net income.


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