Flow Traders Ltd (FLTLF) Q4 2025 Earnings Call

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WEBVTT 00:00:00.503 -- 00:00:05.691 Welcome to the FlowTrainers full year 2025 results conference call. 00:00:05.691 -- 00:00:10.098 For the first part of the call, participants will be in listen-only mode. 00:00:10.098 -- 00:00:13.243 And afterwards, there will be a question and answer session. 00:00:13.243 -- 00:00:18.531 If you wish to ask a question, please press pound key five on your telephone keypad. 00:00:18.531 -- 00:00:23.539 You may also submit written questions via the form at the bottom of the player. 00:00:23.539 -- 00:00:27.606 I would now like to hand the call over to Caroline Lenders. 00:00:27.606 -- 00:00:29.866 Please go ahead. 00:00:29.866 -- 00:00:34.932 Good morning and thank you for joining Clotrader's fourth quarter and full year 2025 00:00:34.932 -- 00:00:40.377 results presentation. As you may have seen, we published our results earlier this morning. 00:00:40.377 -- 00:00:45.343 I'm joined today by our CEO, Thomas Beetz, and our Co-Chief Trading Officer, Alex Keeft, 00:00:45.343 -- 00:00:49.567 who will take you through the results. After our prepared remarks, we'll be happy to 00:00:49.567 -- 00:00:52.871 take any questions you may have. 00:00:52.871 -- 00:00:57.153 Before we begin, let me draw your attention to the disclaimer on page two. 00:00:57.153 -- 00:01:02.400 As always, this presentation is for information purposes only and the results we will 00:01:02.400 -- 00:01:07.404 be discussing are unanswered. I will now hand over to Thomas. 00:01:08.708 -- 00:01:13.855 Thank you, Caroline. And let me start with a high-level overview of our 00:01:13.855 -- 00:01:16.829 Q4 and full-year performance. 00:01:16.829 -- 00:01:22.859 We delivered a solid fourth quarter, resulting in a full year net profit of 133.6 00:01:22.859 -- 00:01:28.544 mill...