flatexDEGIRO (FTK) Corporate presentation summary

Business overview and customer base

• Operates in 16 European countries with 3.5 million customer accounts and around 1,200 employees as of December 2025.

• Executed 75 million trades and managed €95 billion in assets under custody in 2025.

• Customer base is mature, with 73% aged 23-49, 28% female, and an average transaction volume of €5,000 per customer in 2025.

• Over 1 million active customers traded each quarter in 2025, representing 31% of the customer base.

• Customer growth was especially strong in the Netherlands, Spain, and Austria in 2025.

Financial performance and growth

• Revenues reached a record €560 million in 2025, up 17% year-over-year, driven by a 31% increase in commission income.

• Net income for 2025 was €160 million, with a net income margin of 29.3% for H1 2025, rising to 33.8% in H1 2026.

• Assets under custody grew to €108.3 billion by June 2026, with net cash inflows exceeding €5 billion in H1 2026.

• Cash under custody nearly doubled over three years, reaching over €6 billion, while the margin loan book expanded to €1.8 billion.

• Operational efficiency improved, with revenues per employee rising to €465,000 and net income per employee to €135,000 in 2025.

Strategic initiatives and product expansion

• Focused on harmonizing IT platforms across brands, with major integration milestones expected by end of 2027.

• Launched new products including crypto trading, securities lending, and savings plans, with crypto trading used by over 60,000 customers in 2025.

• Savings plans for stocks introduced in Germany and Austria, with DEGIRO launch planned for Q4 2026.

• Expanded business process outsourcing (BPO), onboarding Hamburg Commercial Bank as a client and targeting 1-2 new BPO clients per year.

• Enhanced financial education efforts, reaching 40,000 people through 150 webinars in 2025.