Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
flatexDEGIRO SE is a leading German financial technology company and pan-European online broker headquartered in Frankfurt am Main. It operates proprietary securities trading platforms under the brands flatex, DEGIRO, and ViTrade, serving approximately 3.5 million retail investors across 16 European countries. The company facilitates over 60 million transactions annually, processing around €300 billion in transaction volume on about 50 exchanges worldwide in Europe, North America, and Asia-Pacific, without taking proprietary trading risks. As the parent of flatexDEGIRO Bank AG, a fully licensed banking subsidiary, it provides brokerage services, securities settlement, and custody for assets exceeding €90 billion. With around 1,221 to 1,250 employees, flatexDEGIRO emphasizes in-house technology for high availability and efficiency, boasting a cost-income ratio of about 50%. Founded in 1999, it has grown through key acquisitions like DEGIRO in 2020, positioning it as a benchmark in low-cost, transparent online brokerage for self-directed investors building wealth.
Margins and capital returns are both well above average: 42.54% operating margin, ROIC at 17.33%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 17.2% YoY with margins expanding 5.5pp.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
€542M
▲ +17.2% YoY
Net Income (TTM)
€160M
▲ +43.9% YoY
Op. Margin
42.54%
▲ +5.5pp YoY
ROIC
17.33%
▲ +2.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€160M
▲ +32.2% YoY
Op. Cash Flow (TTM)
€165M
▲ +19.9% YoY
Net Debt
-€4.58B
Net Cash Position
Cash & Equiv.
€4.71B
3Y CAGR: +16.4%
3Y CAGR: -36.3%
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