Cash flow flatexDEGIRO AG

Equities

FTK

DE000FTG1111

Investment Banking & Brokerage Services

Real-time Estimate Tradegate Other stock markets 05:25:00 2024-12-09 am EST			5-day change	1st Jan Change
15.31 ^EUR	-0.92%		+14.33%	+37.15%

Dec. 05	FLATEXDEGIRO : Gets a Buy rating from Berenberg	ZD
Dec. 04	FlatexDEGIRO: over 42,000 new customers in November	CF

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Published financial data: FLATEXDEGIRO AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest and Dividend Income, Total	15.15M	32.52M	59.34M	71.52M	136M
Interest Expense, Total	3.03M	3.83M	5.79M	3.91M	1.28M
Net Interest Income	12.11M	28.7M	53.56M	67.6M	135M
Brokerage Commission	90.4M	212M	340M	272M	235M
Trading and Principal Transactions	-	-	-	-	-
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	19.79M	15.48M	12.4M	11.76M	10.25M
Revenues Before Provison For Loan Losses	122M	256M	406M	352M	380M
Provision For Loan Losses	-	-	-	-	-
Total Revenues	122M	256M	406M	352M	380M
Salaries And Other Employee Benefits	25.52M	66.23M	137M	68.28M	97.53M
Stock-Based Compensation (IS)	-	-	-	-38.44M	-26.75M
Cost of Services Provided, Total	68.96M	96.94M	163M	155M	153M
Depreciation & Amortization - (IS) - (Collected)	12.83M	24.24M	31.83M	30.58M	34.4M
Other Operating Expenses	-6.61M	-1.72M	-6.13M	-13.01M	17.57M
Total Operating Expenses	101M	186M	326M	203M	276M
Operating Income	21.6M	70.25M	80.06M	149M	105M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	23K	15K	-2K	2K	56K
EBT, Excl. Unusual Items	21.63M	70.27M	80.06M	149M	105M
Total Merger & Related Restructuring Charges	-	-	-5.64M	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-
Asset Writedown	-	-400K	-	-1.42M	-1.6M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	21.63M	69.87M	74.42M	147M	103M
Income Tax Expense	6.72M	19.94M	22.86M	41.11M	31.16M
Earnings From Continuing Operations	14.91M	49.92M	51.55M	106M	71.86M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	14.91M	49.92M	51.55M	106M	71.86M
Minority Interest	-22K	-16K	-8K	-117K	-
Net Income - (IS)	14.89M	49.91M	51.54M	106M	71.86M
Net Income to Common Incl Extra Items	14.89M	49.91M	51.54M	106M	71.86M
Net Income to Common Excl. Extra Items	14.89M	49.91M	51.54M	106M	71.86M
Per Share Items
Net EPS - Basic	0.19	0.55	0.47	0.97	0.65
Basic EPS - Continuing Operations	0.19	0.55	0.47	0.97	0.65
Basic Weighted Average Shares Outstanding	77.64M	91.44M	110M	110M	110M
Net EPS - Diluted	0.19	0.54	0.47	0.96	0.65
Diluted EPS - Continuing Operations	0.19	0.54	0.47	0.96	0.65
Diluted Weighted Average Shares Outstanding	77.86M	92.33M	110M	110M	110M
Normalized Basic EPS	0.17	0.48	0.46	0.84	0.59
Normalized Diluted EPS	0.17	0.48	0.45	0.84	0.59
Dividend Per Share	-	-	-	-	0.04
Supplemental Items
Total Revenues (As Reported)	-	261M	418M	407M	391M
Effective Tax Rate - (Ratio)	31.07	28.54	30.73	27.91	30.24
Total Current Taxes	3.03M	26.11M	37.55M	21.98M	21.99M
Total Deferred Taxes	3.69M	-6.17M	-14.68M	19.14M	9.17M
Normalized Net Income	13.5M	43.9M	50.03M	92.83M	65.39M
Non-Cash Pension Expense	90K	93K	51K	88K	114K
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	-	15.53M	59.34M	144K	14.1M
Stock-Based Comp., Other (Total)	251K	-	-	-38.44M	-26.75M
Total Stock-Based Compensation	251K	15.53M	59.34M	-38.3M	-12.66M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	469M	1.26B	1.62B	2.23B	2.71B
Accounts Receivable, Total	12.22M	14.04M	26.18M	25.19M	21.66M
Other Receivables	409M	867M	1.35B	955M	966M
Gross Property Plant And Equipment	36.12M	59.28M	-	-	105M
Accumulated Depreciation	-19.86M	-26.42M	-	-	-53.47M
Net Property Plant And Equipment	16.26M	32.86M	34.11M	47.18M	51.83M
Goodwill	36.56M	183M	181M	181M	181M
Other Intangibles, Total	10.44M	158M	150M	147M	141M
Investment In Debt and Equity Securities	131M	186M	237M	422M	324M
Trading Asset Securities, Total	66.26M	189K	-	-	31.91M
Other Current Assets, Total	99K	11.2M	12.45M	12.85M	11.9M
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Deferred Charges Long-Term	45.73M	46.94M	54.27M	74.01M	94.89M
Other Long-Term Assets, Total	69.41M	64.14M	22.9M	4.17M	5.31M
Total Assets	1.27B	2.82B	3.69B	4.1B	4.54B
Liabilities
Accounts Payable, Total	956M	2.1B	2.81B	3.21B	3.61B
Accrued Expenses, Total	10.55M	39.07M	33.99M	22.69M	41.08M
Short-Term Borrowings	5.49M	14.76M	21.87M	13.64M	21.25M
Current Portion of Long-Term Debt	66.2M	82.36M	130M	69.15M	46.01M
Long-Term Debt	3.73M	-	-	-	-
Long-Term Leases	13.5M	28.66M	29.15M	42.6M	45.51M
Current Income Taxes Payable	1.19M	17.56M	23.7M	29.71M	18.96M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	5.26M	27.48M	32.2M	21.54M	14.49M
Pension & Other Post Retirement Benefits	11.01M	14.54M	11.53M	5.37M	7.85M
Deferred Tax Liability Non-Current	10.48M	32.85M	19.95M	40.85M	50.28M
Other Non Current Liabilities	-	15.39M	74.59M	36.15M	9.39M
Total Liabilities	1.08B	2.37B	3.19B	3.49B	3.87B
Common Stock, Total	19.6M	27.27M	110M	110M	110M
Additional Paid In Capital	107M	311M	230M	231M	231M
Retained Earnings	53.68M	113M	162M	267M	334M
Comprehensive Income and Other	1.52M	-5.59M	-3.67M	53K	-859K
Total Common Equity	182M	445M	499M	608M	674M
Minority Interest	512K	528K	536K	653K	-
Total Equity	182M	446M	499M	608M	674M
Total Liabilities And Equity	1.27B	2.82B	3.69B	4.1B	4.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78.38M	109M	110M	110M	110M
ECS Total Common Shares Outstanding	78.38M	109M	110M	110M	110M
Book Value / Share	2.32	4.08	4.54	5.53	6.12
Tangible Book Value	135M	104M	167M	280M	352M
Tangible Book Value Per Share	1.72	0.95	1.52	2.55	3.2
Total Debt	88.92M	126M	181M	125M	113M
Debt Equivalent of Unfunded Proj. Benefit Obligation	11.01M	14.54M	11.53M	5.43M	7.85M
Net Debt	-446M	-1.13B	-1.44B	-2.1B	-2.63B
Full Time Employees	532	971	1.13K	1.29K	1.3K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	14.89M	49.91M	51.54M	106M	71.86M
Depreciation, Depletion & Amortization	5.87M	8.58M	11.07M	12.19M	13.21M
Amortization of Goodwill and Intangible Assets - (CF)	2.36M	5.42M	12.37M	10.37M	11.27M
Total Depreciation, Depletion & Amortization	8.22M	14M	23.44M	22.56M	24.48M
Amortization of Deferred Charges, Total	4.17M	6.08M	6.63M	7.13M	7.11M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	-	-	-	-	438K
Change in Trading Asset Securities	-55.72M	12.24M	-51.29M	-186M	95.82M
Change in Accounts Receivable	-170M	-1.82M	-12.14M	982K	3.53M
Change In Inventories	89K	91K	1K	1K	-386K
Change in Accounts Payable	-1.91M	1.14B	715M	391M	406M
Change in Other Net Operating Assets (Collected)	45.97M	-329M	-342M	324M	-72.01M
Other Operating Activities	-2.64M	16K	227K	2.5M	-7.03M
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	-157M	895M	391M	668M	530M
Capital Expenditure	-14.56M	-6.75M	-8.42M	-9.55M	-6.26M
Sale of Property, Plant, and Equipment	39K	-	-	-	-
Cash Acquisitions	-	-298M	-	-	-
Divestitures	-	-	-	-	200K
Purchase / Sale of Intangible Assets	-18.44M	-2.25M	-17.8M	-33.19M	-32.24M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-226K	-7.5M	-	-6.66M	-7.84M
Cash from Investing	-33.19M	-315M	-26.22M	-49.41M	-46.14M
Long-Term Debt Issued, Total	7.54M	7.13M	2.68M	4.43M	-
Total Debt Issued	7.54M	7.13M	2.68M	4.43M	-
Long-Term Debt Repaid, Total	-6.15M	-14.42M	-5.67M	-	-714K
Total Debt Repaid	-6.15M	-14.42M	-5.67M	-	-714K
Issuance of Common Stock	6.07M	192M	1.78M	320K	320K
Other Financing Activities, Total	-3.46M	22.03M	-	-14.7M	-
Cash from Financing	4M	206M	-1.21M	-9.96M	-394K
Miscellaneous Cash Flow Adjustments	-	-	2K	2K	1K
Net Change in Cash	-186M	787M	363M	609M	484M
Supplemental Items
Cash Interest Paid	-	358K	386K	548K	851K
Cash Income Tax Paid (Refund)	8.25M	10.56M	25.1M	6.61M	53.04M
Net Debt Issued / Repaid	1.4M	-7.3M	-2.99M	4.43M	-714K

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.2	2.44	1.58	2.73	1.66
Return On Equity %	8.62	15.9	10.91	19.17	11.21
Return on Common Equity	8.63	15.92	10.92	19.17	11.22
Margin Analysis
Gross Profit Margin %	68.79	80.68	81.43	81.46	81.73
SG&A Margin	46.04	44.43	55.36	45.09	47.6
Income From Continuing Operations Margin %	12.19	19.51	12.71	30.2	18.9
Net Income Margin %	12.17	19.5	12.71	30.17	18.9
Net Avail. For Common Margin %	12.17	19.5	12.71	30.17	18.9
Normalized Net Income Margin	11.03	17.15	12.33	26.4	17.2
Asset Turnover
Asset Turnover	0.1	0.13	0.12	0.09	0.09
Short Term Liquidity
Current Ratio	0.91	0.94	0.99	0.96	1
Quick Ratio	0.91	0.94	0.98	0.95	0.99
Operating Cash Flow to Current Liabilities	-0.15	0.39	0.13	0.2	0.14
Long Term Solvency
Total Debt/Equity	48.8	28.21	36.24	20.61	16.74
Total Debt / Total Capital	32.8	22	26.6	17.09	14.34
LT Debt/Equity	9.45	6.43	5.84	7	6.76
Long-Term Debt / Total Capital	6.35	5.01	4.28	5.81	5.79
Total Liabilities / Total Assets	85.61	84.18	86.47	85.15	85.16
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.26	109.26	58.5	-13.33	8.15
Gross Profit, 1 Yr. Growth %	10.52	145.44	59.97	-13.3	8.52
Earnings From Cont. Operations, 1 Yr. Growth %	-14.68	234.88	3.26	105.99	-32.33
Net Income, 1 Yr. Growth %	-14.81	235.27	3.27	105.79	-32.25
Normalized Net Income, 1 Yr. Growth %	-32.54	225.3	13.95	85.56	-29.56
Diluted EPS Before Extra, 1 Yr. Growth %	-21.52	181.66	-12.96	104.26	-32.66
Common Equity, 1 Yr. Growth %	11.35	145.09	12.02	21.8	10.86
Total Assets, 1 Yr. Growth %	3.41	122.61	30.96	10.96	10.86
Tangible Book Value, 1 Yr. Growth %	16.36	-22.75	60.84	67.15	25.74
Cash From Operations, 1 Yr. Growth %	-162.88	-669.01	-57.4	71.07	-20.64
Capital Expenditures, 1 Yr. Growth %	372.55	-53.51	24.66	304.62	-34.46
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.28	50.52	82.12	17.2	-3.18
Gross Profit, 2 Yr. CAGR %	8.54	64.7	98.15	17.77	-3
Earnings From Cont. Operations, 2 Yr. CAGR %	-6.4	69.03	85.95	45.84	18.07
Net Income, 2 Yr. CAGR %	-5.86	69	86.08	45.78	18.08
Normalized Net Income, 2 Yr. CAGR %	-7.42	48.14	92.53	45.42	14.33
Diluted EPS Before Extra, 2 Yr. CAGR %	-12.91	48.68	56.57	33.33	17.6
Common Equity, 2 Yr. CAGR %	26.96	65.2	65.7	16.81	16.2
Total Assets, 2 Yr. CAGR %	6.92	51.73	70.74	20.55	10.91
Tangible Book Value, 2 Yr. CAGR %	33.06	-5.19	11.47	63.97	44.97
Cash From Operations, 2 Yr. CAGR %	3.65K	89.15	57.6	-14.63	16.52
Capital Expenditures, 2 Yr. CAGR %	111.88	48.01	-23.88	18.92	62.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.26	35.71	53.13	42.19	14.11
Gross Profit, 3 Yr. CAGR %	11.33	42.46	63.1	50.43	14.6
Earnings From Cont. Operations, 3 Yr. CAGR %	-9.75	43.16	43.42	92.4	12.91
Net Income, 3 Yr. CAGR %	20.92	43.77	43.41	92.43	12.92
Normalized Net Income, 3 Yr. CAGR %	12.9	40.74	35.73	90.18	14.2
Diluted EPS Before Extra, 3 Yr. CAGR %	-7.68	28.79	24.38	71.08	6.38
Common Equity, 3 Yr. CAGR %	33.97	58.08	45.14	49.54	14.79
Total Assets, 3 Yr. CAGR %	-6.2	36.53	44.46	47.89	17.23
Tangible Book Value, 3 Yr. CAGR %	51.68	11	13.07	27.59	50.08
Cash From Operations, 3 Yr. CAGR %	2.99	1.9K	16.02	61.97	-16.68
Capital Expenditures, 3 Yr. CAGR %	97.21	27.68	39.78	-13.05	-2.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	48.35	31.31	36.23	27.98	27.47
Gross Profit, 5 Yr. CAGR %	38.47	31.76	40.2	32.02	32.49
Earnings From Cont. Operations, 5 Yr. CAGR %	21.66	29.71	20.51	44.23	32.68
Net Income, 5 Yr. CAGR %	13.95	95.54	43.67	44.57	32.68
Normalized Net Income, 5 Yr. CAGR %	47.38	35.77	39.77	42.59	26.73
Diluted EPS Before Extra, 5 Yr. CAGR %	13.33	19.59	14.04	30.59	21.62
Common Equity, 5 Yr. CAGR %	29.4	43.51	45.86	40.06	32.79
Total Assets, 5 Yr. CAGR %	67.76	18.46	19.19	29.89	29.97
Tangible Book Value, 5 Yr. CAGR %	24.47	40.64	34.09	29.75	24.89
Cash From Operations, 5 Yr. CAGR %	46.58	72.43	22.09	469.02	16.22
Capital Expenditures, 5 Yr. CAGR %	129.85	30.14	34.69	24.1	15.22