From a hidden champion in Germany to the leading online broker in Europe
flatexDEGIRO operates one of the leading and fastest growing online brokerage businesses in Europe, executing more than 75 million paperless securities transactions per annum. More than 1.25 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 2025 at the latest, we aim to win over 3 million customers and execute at least 100 million transactions per year - even in a year with only low volatility.
Key Performance Indicators flatexDEGIRO
| Operating business | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Transactions executed | 75,024,392 | 12,274,525 | 12,483,344 | 11,272,496 | 10,462,477 | |
| Number of customers | 1,023,726 | 368,133 | 290,288 | 253,825 | 212,040 | |
| Transactions per customer/year | 73 | 33 | 43 | 44 | 49 | |
| Customer assets under management | EUR m | 31,765 | 14,586 | 10,995 | 11,794 | 10,855 |
| Financials | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Revenues | EUR k | 261,490 | 131,952 | 125,100 | 107,014 | 95,021 |
| Adjusted EBITDA | EUR k | 113,953 | 37,831 | 42,368 | 32,073 | 30,624 |
| Adjusted EBIT | EUR k | 89,314 | 25,002 | 30,618 | 26,484 | 25,465 |
| Net income | EUR k | 49,924 | 14,908 | 17,474 | 16,796 | 12,316 |
| Earnings per share (undiluted) | EUR | 2.18 | 0.77 | 0.98 | 1.00 | 0.73 |
| Equity | EUR k | 445,834 | 182,202 | 163,656 | 112,724 | 90,629 |
| Total assets | EUR k | 2,818,178 | 1,265,962 | 1,224,168 | 1,107,433 | 1,533,994 |
| Equity ratio | in % | 15.8 | 14.4 | 13.4 | 10.2 | 5.9 |
| Operating Cash flow | TEUR | 141,452 | 45,513 | 17,536 | 23,729 | 15,543 |
| Adjusted Cost-income ratio | in % | 46.3 | 59.9 | 52.0 | 58.5 | 67.8 |
| Employees (average) | 716 | 527 | 497 | 453 | 448 |
Contact
Achim Schreck
Head of IR and Corporate Communications
Rotfeder-Ring 7
60327 Frankfurt, Germany
Mobile +49 160 92774570
achim.schreck@flatexdegiro.com
