Slide 1: 9M 2023 - Interim Management Statement
56 flatexDEGIRO AG | 18 October 2023 9M 2023 - Interim Management Statement
Slide 2: Disclaimer
flatexDEGIRO Disclaimer 9M 2023 - Unaudited Results This release contains unaudited information that is subject to change and that is not intended to be complete. Non-IFRS measures (APMs) This presentation includes non-IFRS measures, including Adjusted EBITDA. These measures are alternative performa
Slide 3: Q3/2023 highlights
flatexDEGIRO Interim Management Statement - 9M 2023 Q3/2023 highlights Q3 with > 100m EUR in Highest quarterly EBITDA Strong benefit from revenues despite low since the meme-stock- higher interest rates trading activity hype 2.5 years ago Maintaining solid All while getting CRMT Increasing focus now
Slide 4: Commercial performance
flatexDEGIRO Interim Management Statement - 9M 2023 Commercial performance Gross customer additions (k) Assets under custody (bn EUR) Settled transactions (m) -17% +27% -9% +5% -2% +5% 112 47.8 16.3 47.0 45.1 15.3 94 13.7 13.8 39.5 37.6 13.2 86 77 74 Q3/2022 Q4/2022 Q1/2023 Q2/2023 Q3/2023 Sep 2022
Slide 5: Customer growth & retention 9M 2023
flatexDEGIRO Interim Management Statement - 9M 2023 Customer growth & retention 9M 2023 Additional customer accounts 9M 2023 in k Reduced customer acquisition costs (CAC) of EUR 57 in Q3 2023 263 (gross) 231 (net) Core (116k , +8%) YTD net customer account growth actor: 1.8x F 9.6% Growth (107k , +1
Slide 6: Development of assets under custody
flatexDEGIRO Interim Management Statement - 9M 2023 Development of assets under custody in € bn 47.8 47.0 45.1 39.5 37.6 Securities: Securities: Securities: Securities: Securities: 34.0 36.2 41.7 44.2 43.7 Cash: 3.5 Cash: 3.2 Cash: 3.3 Cash: 3.5 Cash: 3.3 Sep 22 Dec 22 Mar 23 Jun 23 Sep 23 Rounding
Slide 7: Net cash inflows of € 3.9 bn, completely re-invested
flatexDEGIRO Interim Management Statement - 9M 2023 Net cash inflows of € 3.9 bn, completely re-invested Positive monthly net inflows continuing in € bn 8.6 4.6 net cash inflows got completely re-invested 3.9 4.0 0.1 0.0 Cash inflows Cash outflows Net cash Net investments Delta Delta Cash 9M/2023 9M
Slide 8: Comparable trading activity across the industry
flatexDEGIRO Interim Management Statement - 9M 2023 Comparable trading activity across the industry flatexDEGIRO DARTs* per customer account Nordnet Avanza * Nordnet, Avanza: based on Monthly statistics published by the companies flatexDEGIRO: excluding days where markets in the US/Germany/Netherlan
Slide 9: Revenue split
flatexDEGIRO Interim Management Statement - 9M 2023 Revenue split Adjusted* Revenues (m EUR) Commission income (m EUR) Interest income (m EUR) +29% -4% +164% +12% +12% +18% 68 38 101 98 91 32 88 61 79 59 27 53 53 22 15 Q3/2022 Q4/2022 Q1/2023 Q2/2023 Q3/2023 Q3/2022 Q4/2022 Q1/2023 Q2/2023 Q3/2023 Q
Slide 10: Commission per transaction up
flatexDEGIRO Interim Management Statement - 9M 2023 Commission per transaction up € 4.26 € 4.17 € 4.03 € 3.90 € 3.99 74% 72% 73% Share of “High revenue transactions” (Cash products, incl. stocks, bonds, etc.) Q3/2022 Q4/2022 Q1/2023 Q2/2023 Q3/2023
Slide 11: EBITDA development
flatexDEGIRO Interim Management Statement - 9M 2023 EBITDA development Adj.* EBITDA (m EUR) EBITDA (m EUR) +70% +6% Adjustment +21% 57 +37 only for effects of long-term variable compensation (Stock Appreciation Rights, SARs 41 39 40 38 to become less relevant going 34 forward with over 50 % of all 3
Slide 12: 9M 2023 - Interim Management Statement
56 flatexDEGIRO AG | 18 October 2023 9M 2023 - Interim Management Statement
Slide 13: Contact
97 Contact Achim Schreck flatexDEGIRO AG Head of IR and Corporate Communications Mobile: +49 160 9277 4570 Address: Omniturm, Große Gallusstraße 16-18 Phone: +49 69 4500 01 1700 60312 Frankfurt/Main, Germany Mail: achim.schreck@flatexdegiro.com Website: www.flatexdegiro.com flatexDEGIRO AG 9M 2023 -