Netfonds AG publishes audited annual financial statements for 2024 / Proposal to increase dividend by 40% to EUR 0.35 per share
· Issued by Netfonds AG
EQS-News: Netfonds AG
/ Key word(s): Annual Results/Dividend
Netfonds AG publishes audited annual financial statements for 2024 / Proposal to increase dividend by 40% to EUR 0.35 per share
16.06.2025 / 19:50 CET/CEST
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
Netfonds AG publishes audited annual financial statements for 2024
Proposal to increase dividend by 40% to EUR 0.35 per share
Hamburg, 16 June 2025 - At its meeting to approve the financial statements, the Supervisory Board adopted the consolidated financial statements for 2024 presented by the Management Board of Netfonds AG (ISIN: DE000A1MME74) and audited by the auditor. Compared to the preliminary figures published on 18 March 2025, there were only minor changes.
As already published, Netfonds AG achieved gross consolidated sales of EUR 237.1 million in the past financial year (previous year: EUR 192.9 million). Net sales after deduction of commission expenses increased to EUR 45.6 million (previous year: EUR 36.6 million). The Group's EBITDA totalled EUR 8.1 million, 64% higher than the previous year's figure of EUR 4.9 million. EBIT at Group level totalled EUR 3.3 million. The Netfonds Group achieved a net income for the year of Euro 2.6 million. At Netfonds AG level, a net income for the year of Euro 0.4 million was reported.
Due to the positive business performance in 2024 and the positive outlook for the current year, the Management Board and Supervisory Board of Netfonds AG have decided to propose the payment of a dividend of EUR 0.35 per share (previous year: EUR 0.25 per share) at the Annual General Meeting to be held on 23 July 2025.
The approved and audited annual financial statements and the consolidated financial statements of Netfonds AG as well as the invitation to the Annual General Meeting will be available on the company's website (www.netfonds-group.com) from Wednesday, 18 June 2025.
Based on the audited financial statements, the most important key figures are as follows:
In EUR thousand
31.12.2024
31.12.2023
Development
Consolidated balance sheet total
109,163
72,256
+51.1%
Group equity
25,922
21,451
+20.8%
Equity ratio
23.75%
30%
Gross sales
237,149
192,880
+22.9%
Net sales
(commission and fee surplus)
45,628
36,600
+24.6%
EBITDA
8,063
4,910
+64.2%
EBIT
3,330
1,343
>100%
Earnings before taxes (EBT)
4,123
727
>100%
Annual net income
2,598
-279
>100%
Outlook for the current financial year
Based on the analyses of the first quarter already completed, the Management Board of Netfonds AG expects continued growth in both the investment and insurance segments. For the 2025 financial year, an increase in the group's key net sales of around 15% is forecasted. This should result in sales of between EUR 52.5 million and EUR 54.0 million. A disproportionately high increase in the operating result is also expected.
Netfonds AG will publish its results for the first quarter of this year after the close of trading on 17 June 2025.
Invitation to the investor call
On 18 June 2025 at 10:00 a.m. (CEST), Peer Reichelt, CFO of Netfonds, will present further information during an investor call and will be available to answer questions afterwards. Participation is possible digitally via the following link.
Further information www.netfonds-group.com / www.netfonds.de
About the Netfonds Group
The Netfonds Group is a leading platform for administration, consulting and regulation for the German financial industry. Under the finfire brand, the company provides its customers and partners with a cloud-based technology platform for the complete processing and administration of business transactions. Netfonds' customers thus benefit from one of the most modern software solutions on the market, which significantly simplifies the advisory process, makes it secure and enables target group-specific advice. The shares of Netfonds AG are listed in the m:access segment of the Munich Stock Exchange and can be traded via XETRA.
16.06.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement.
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Netfonds AG is a Germany-based financial service provider company. The Company offers financial advisors, insurance brokers, asset and fund managers, as well as banks and other financial organizations. Its business activities are divided into four models: Broker Pool, Liability Umbrella, Multiple Agent, and Asset Management. It also provides information technology (IT) solutions, legal advice, auditing, research and back office support.
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