flatexDEGIRO AG Stock
€10.46
Your prediction
flatexDEGIRO AG Stock
FlatexDEGIRO is a listed company that provides online brokerage services for private and institutional clients. The company offers a range of trading products, including equities, bonds, funds, and derivatives, via its proprietary trading technology and platform. With a customer base of over one million, FlatexDEGIRO operates in 18 European countries and is renowned for its low-cost and transparent trading fees. The company aims to continue expanding its market share by investing in new technology and innovative products while maintaining its customer-focused approach.
Pros and Cons of flatexDEGIRO AG in the next few years
Pros
Cons
Performance of flatexDEGIRO AG vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| flatexDEGIRO AG | 2.050% | -10.908% | 4.763% | 12.218% | -8.154% | -61.575% | 87.643% |
| Scisys | 0.800% | -2.724% | -3.101% | -30.556% | -2.724% | -53.358% | -3.101% |
| Txt E-Solutions | 1.160% | -3.139% | 3.597% | 9.091% | 10.883% | 193.878% | - |
| Cbrain | -0.710% | -4.826% | -13.469% | - | - | - | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.FlatexDEGIRO, a company operating in the Software & IT Services industry, presents an interesting case when examining their financial statements. Overall, based on the provided data, the company seems to be experiencing growth and an upward trajectory in terms of revenue. This initial assessment highlights a strong potential for future success, thanks to the company's increasing cash positions and general profitability. However, a comprehensive analysis is necessary to offer insight into the factors contributing to this growth and the factors that could pose risks to the company's financial success.
Growing Revenue: FlatexDEGIRO has experienced continuous growth in total revenue over the years, reaching a staggering €406.96 million by the end of 2022. Such steady growth in revenue is a positive sign, indicating that the company has a reliable business model that is producing desired results.
Rising Net Income: The company's net income has also increased over the years, reaching €106.07 million by the end of 2022. This growth demonstrates that FlatexDEGIRO is not only generating revenue but also effectively managing its expenses and operations to achieve profitability.
Comments
News
EQS-News: After its second-best financial year in 2023, flatexDEGIRO is aiming for a record year in 2024
EQS-Adhoc: flatexDEGIRO AG: BaFin keeps SREP own funds requirements (P2R) for flatexDEGIRO Group unchanged at 4.25%
EQS-News: Christiane Strubel appointed to the Management Board of flatexDEGIRO AG