flatexDegiro: sharp rise in Q3 revenues
(CercleFinance.com) - flatexDEGIRO has reported Q3 adjusted revenues of E100m (up 29% y-o-y) , while adjusted EBITDA jumped 70% to E41.
2m.
The online broker increased its client base by 11.6% to 2.63 million. However, gross new accounts slowed from 93,800 to 77,400 (-17.4%).
Over the first 9m of 2023, adjusted revenues rose 3.4% y-o-y to E290.5m.
Against this backdrop, management believes that, despite a difficult sector environment, the company has achieved its most profitable quarter for two and a half years.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
2m.
The online broker increased its client base by 11.6% to 2.63 million. However, gross new accounts slowed from 93,800 to 77,400 (-17.4%).
Over the first 9m of 2023, adjusted revenues rose 3.4% y-o-y to E290.5m.
Against this backdrop, management believes that, despite a difficult sector environment, the company has achieved its most profitable quarter for two and a half years.
Copyright (c) 2023 CercleFinance.com. All rights reserved.