flatexDEGIRO (FTK) Corporate presentation summary

Business overview and key metrics

• Operates in 16 European countries with 3.1 million customer accounts and over 63 million executed trades in 2024.

• Assets under custody exceed €70 billion, with executed trade volume reaching €300 billion.

• Revenue grew 23% in 2024 to €480 million, surpassing previous records, and net income reached a new high despite one-time costs.

• Customer base grew by 24% in 2024, with customer acquisition costs reduced by 24% to €75.

• Majority of customers are aged 23-49, with increasing female participation and high academic backgrounds.

Financial performance and efficiency

• Cost-income ratio dropped below 50% in H1 2025, with net revenues up €80 million and operating expenses down €4 million since H1 2023.

• Number of employees reduced by about 40 FTE from December 2024 to June 2025.

• Average commission per transaction increased by 8% in 2024, driven by price adjustments and product mix.

• Cash under custody grew from €3 billion to over €5 billion in three years, supporting interest income growth.

Strategic priorities and initiatives

• Focus on increasing efficiency, reducing complexity, and harmonizing platforms across Europe.

• Divestment of non-core financial engagements, including real estate credit loan portfolio, to improve NPL ratio.

• Plans to grow customer base by at least 10% CAGR, targeting over 4 million customers by end of 2027.

• Initiatives to reactivate inactive customers and enhance local presence in key markets.