From a hidden champion in Germany to the leading online broker in Europe
flatexDEGIRO operates the leading and fastest growing online brokerage businesses in Europe, executing more than 90 million paperless securities transactions in 2021. More than 2.2 million customers are serviced via the flatex and DEGIRO brands and offered a wide range of independent products at competitive pricing, based on a modern, in-house state-of-the-art technology.
With flatex’s acquisition of DEGIRO in July 2020 flatexDEGIRO became the largest retail online brokers in Europe. In a time of bank consolidation, low interest rates and digitalization, flatexDEGIRO is thus ideally positioned for further growth. Until 2026, we aim to serve 7-8 million customers and execute at least 250-350 million transactions per year - even in a year with only low volatility.
Key Performance Indicators flatexDEGIRO
| Operating business | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
| Transactions executed | 91,015,832 | 75,024,392 | 12,274,525 | 12,483,344 | 11,272,496 | |
| Average number of customer accounts | 1,696,568 | 1,101,473 | 368,133 | 290,288 | 253,825 | |
| Transactions per customer account/year | 54 | 68 | 33 | 43 | 44 | |
| Customer assets under custody | EUR m | 43,863 | 31,765 | 14,586 | 10,995 | 11,794 |
| Financials | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
| Revenues | EUR k | 417,581 | 261,490 | 131,952 | 125,100 | 107,014 |
| Adjusted EBITDA | EUR k | 177,073 | 113,953 | 37,831 | 42,368 | 32,073 |
| Adjusted EBIT | EUR k | 145,246 | 89,314 | 25,002 | 30,618 | 26,484 |
| Net income | EUR k | 51,550 | 49,924 | 14,908 | 17,474 | 16,796 |
| Earnings per share (undiluted)* | EUR | 0.47 | 0.55 | 0.19 | 0.25 | 0.25 |
| Equity | EUR k | 499,385 | 445,834 | 182,202 | 163,656 | 112,724 |
| Total assets | EUR k | 3,690,589 | 2,818,178 | 1,265,962 | 1,224,168 | 1,107,433 |
| Equity ratio | in % | 13.5 | 15.8 | 14.4 | 13.4 | 10.2 |
| Operating Cash flow | TEUR | 125,028 | 141,452 | 45,513 | 17,536 | 23,729 |
| Adjusted Cost-income ratio | in % | 49.9 | 46.3 | 59.9 | 52.0 | 58.5 |
| Employees (average) | 1,050 | 716 | 527 | 497 | 453 |
*based on shares outstanding as of 12/31/2021
Contact
Achim Schreck
Head of IR and Corporate Communications
Omniturm, Große Gallusstraße 16-18,
60312 Frankfurt/Main, Germany
Mobile +49 160 92774570
achim.schreck@flatexdegiro.com
