Financials flatexDEGIRO AG

Equities

Market Closed - Xetra Other stock markets 11:44:30 2024-12-06 am EST			5-day change	1st Jan Change
15.45 ^EUR	+2.32%		+13.77%	+38.32%

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

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	132	261.5	418	407	390.7	459.5	479.6	516.8
Change	-	98.17%	59.85%	-2.64%	-4%	17.62%	4.36%	7.77%
EBITDA ¹	37.58	98.42	112.1	145	154.4	199	210.6	235.7
Change	-	161.91%	13.88%	29.35%	6.49%	28.89%	5.82%	11.94%
EBIT ¹	24.75	73.79	80.26	151.3	104.3	161.7	172.3	195.9
Change	-	198.11%	8.78%	88.48%	-31.02%	55%	6.53%	13.67%
Interest Paid ¹	-3.123	-3.919	-5.845	-3.98	-1.332	-2.583	-2.4	-2.4
Earnings before Tax (EBT) ¹	21.63	69.87	74.42	147.3	103	159.7	172.3	198.3
Change	-	223.04%	6.51%	97.94%	-30.07%	55.06%	7.85%	15.11%
Net income ¹	14.89	49.91	51.54	106.1	71.9	112.4	121.2	138.5
Change	-	235.27%	3.27%	105.79%	-32.21%	56.32%	7.87%	14.27%
Announcement Date	6/1/20	4/7/21	3/29/22	3/29/23	2/27/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	88.1	103	118.1	91.6	91.9	105.5	98.3	90.8	101.4	100.2	123	118.7	111.7	109.3
Change	-	16.91%	14.66%	-22.44%	0.33%	14.8%	-6.82%	-7.63%	11.67%	-1.18%	22.75%	-3.5%	-5.9%	-2.15%
EBITDA ¹	38.5	-	54.5	27.3	24.2	-	29.9	33.9	41.2	49.4	53.6	52.9	45.7	45.6
Change	-	-100%	-	-49.91%	-11.36%	-100%	-	13.38%	21.53%	19.9%	8.5%	-1.31%	-13.61%	-0.22%
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	30	30.8	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	2.67%	-100%	-
Announcement Date	11/4/21	3/29/22	4/29/22	7/12/22	10/18/22	3/29/23	5/17/23	7/24/23	11/6/23	2/27/24	4/25/24	7/23/24	10/22/24	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2
Net sales ¹	-	161.7	226.1	191.9	209.6	197.4	189.1	201.6	241.7	223.8
Change	-	-	39.82%	-15.14%	9.23%	-5.82%	-4.2%	6.61%	19.89%	-7.39%
EBITDA ¹	-	-	-	58.9	81.8	-	63.9	90.5	106.5	99.2
Change	-	-	-	-	38.88%	-100%	-	41.63%	17.68%	-6.85%
EBIT	-	-	-	42.79	-	-	-	-	-	-
Change	-	-	-	-	-100%	-	-	-	-	-
Charge d'intérêts	-	-	-	-2.926	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	39.86	-	-	-	-	-	-
Change	-	-	-	-	-100%	-	-	-	-	-
Net income	22.37	-	-	23.5	-	-	-	-	-	-
Change	-	-100%	-	-	-100%	-	-	-	-	-
Announcement Date	9/9/20	4/7/21	9/1/21	3/29/22	7/12/22	3/29/23	7/24/23	2/27/24	7/23/24	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-380	-343	-1,437	-2,102	-2,665	-2,737	-2,930	-3,145
Change	-	-190.26%	-518.95%	-246.28%	-226.78%	-202.69%	-207.05%	-207.34%
Announcement Date	6/1/20	4/7/21	3/29/22	3/29/23	2/27/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	33.01	8.998	26.22	49.41	46.14	35.6	39.03	40.38
Change	-	-72.74%	191.38%	88.45%	-6.62%	-22.84%	9.65%	3.44%
Free Cash Flow (FCF) ¹	-190.3	132.5	98.81	63.91	16.94	116.5	122.6	136
Change	-	-169.62%	-25.4%	-35.32%	-73.49%	587.71%	5.19%	10.99%
Announcement Date	6/1/20	4/7/21	3/29/22	3/29/23	2/27/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	28.48%	37.64%	26.82%	35.63%	39.52%	43.3%	43.91%	45.61%
EBIT Margin (%)	18.76%	28.22%	19.2%	37.17%	26.71%	35.2%	35.93%	37.9%
EBT Margin (%)	16.39%	26.72%	17.8%	36.19%	26.36%	34.76%	35.92%	38.36%
Net margin (%)	11.28%	19.09%	12.33%	26.06%	18.4%	24.46%	25.28%	26.8%
FCF margin (%)	-144.19%	50.65%	23.64%	15.7%	4.34%	25.36%	25.56%	26.32%
FCF / Net Income (%)	-1,278.11%	265.4%	191.71%	60.25%	23.57%	103.68%	101.11%	98.21%
Profitability
ROA	1.2%	3.54%	1.58%	2.72%	1.66%	2.44%	2.2%	2.35%
ROE	8.61%	15.89%	10.92%	19.17%	11.22%	15.57%	14.41%	14.41%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	25.02%	3.44%	6.27%	12.14%	11.81%	7.75%	8.14%	7.81%
CAPEX / EBITDA (%)	87.85%	9.14%	23.39%	34.08%	29.88%	17.89%	18.54%	17.13%
CAPEX / FCF (%)	-17.35%	6.79%	26.53%	77.31%	272.28%	30.55%	31.85%	29.68%
Items per share
Cash flow per share ¹	-	-	1.136	1.029	0.5728	1.38	1.476	1.725
Change	-	-	-	-9.43%	-44.33%	140.92%	6.97%	16.87%
Dividend per Share ¹	-	-	-	-	0.04	0.0333	0.0398	0.0458
Change	-	-	-	-	-	-16.68%	19.56%	15.06%
Book Value Per Share ¹	2.325	4.088	4.544	5.54	6.12	7.048	8.116	9.468
Change	-	75.81%	11.16%	21.93%	10.47%	15.17%	15.15%	16.66%
EPS ¹	0.1925	0.545	0.47	0.97	0.65	1.027	1.105	1.263
Change	-	183.12%	-13.76%	106.38%	-32.99%	58.07%	7.56%	14.32%
Nbr of stocks (in thousands)	78,383	108,893	109,793	109,893	109,893	108,655	108,655	108,655
Announcement Date	6/1/20	4/7/21	3/29/22	3/29/23	2/27/24	-	-	-