CURRENT REPORT No. 27/2025
Warsaw, July 31, 2025
XTB S.A.
joint stock company with its registered office in Warsaw,
Prosta 67, 00-838 Warsaw
DISCLAIMER
This English language translation of the Polish version of Current Report No. 27 dated 31stJuly 2025 has been prepared solely for the convenience of English speaking readers. Despite all the efforts devoted to this translation, certain discrepancies, omissions or approximations may exist. In case of any differences between the Polish and the English versions, the Polish version shall prevail. XTB, its representatives and employees decline all responsibility in this regard.
Preliminary financial and operating results for the I half of 2025The Management Board of the XTB S.A. (the "Issuer", the "Company", "XTB") hereby announces that on July 31, 2025, the process of aggregation of financial data for the purpose of preparing the condensed consolidated financial statements of the Issuer's Group for the I quarter of 2025 was completed. Therefore, it has been decided to publish the preliminary consolidated selected financial and operating data for the above mentioned period, which the Issuer submits as an attachment to the above mentioned current report.
The Issuer also announces that the final financial and operating results for the I half of 2025 will be presented in the extended consolidated report of the Issuer's Group for the I half of 2025, publication of which was scheduled for August 28, 2025.
Legal basis Article 17 paragraph 1 MAR - inside information.
APPENDIX TO THE CURRENT REPORT NO. 27/2025 OF 31 JULY 2025
PRELIMINARY FINANCIAL AND OPERATING RESULTShttps://www.xtb.com/pl 1
FOR THE FIRST HALF OF 2025
Key indicators
for the first half of 2025
SELECTED CONSOLIDATED FINANCIAL DATA
30.06.2025 | 31.03.2025 | 30.06.2025 | 30.06.2024 | |
Total operating income | 580 597 | 580 294 | 1 160 891 | 938 067 |
Total operating expenses | (292 911) | (315 817) | (608 728) | (410 373) |
Operating profit (EBIT) | 287 686 | 264 477 | 552 163 | 527 694 |
Financial revenue | 14 397 | 13 870 | 28 267 | 37 403 |
Financial expenses | (41 299) | (43 788) | (85 087) | (513) |
Profit before tax | 260 784 | 234 559 | 495 343 | 564 584 |
Income tax | (44 655) | (40 636) | (85 291) | (101 538) |
Net profit | 216 129 | 193 923 | 410 052 | 463 046 |
(in PLN thousand)
3 MONTH PERIOD ENDED ON PERIOD OF 6 MONTHS ENDED ON
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30.06.2025 | 31.03.2025 | 31.12.2024 | 30.06.2024 | |
Own cash | 1 637 492 | 1 769 698 | 1 619 512 | 1 249 587 |
Own cash + bonds | 1 707 186 | 2 202 430 | 2 044 204 | 1 675 224 |
Equity | 1 763 207 | 2 194 115 | 2 003 641 | 1 605 110 |
(in PLN thousand)
STATE AS OF THE DAY
SELECTED CONSOLIDATED OPERATING DATA (KPI)
3 MONTH PERIOD ENDED ON PERIOD OF 6 MONTHS ENDED ON
30.06.2025 | 31.03.2025 | 30.06.2025 | 30.06.2024 | |
New clients1 | 167 339 | 194 304 | 361 643 | 232 316 |
Total clients | 1 704 256 | 1 543 785 | 1 704 256 | 1 113 554 |
Number of active clients2 | 812 519 | 735 389 | 853 938 | 502 554 |
Net deposits (in PLN thous.)3 | 3 114 196 | 4 126 679 | 7 240 875 | 3 805 001 |
Average operating revenue per active client (in PLN thous.)4 | 0,7 | 0,8 | 1,4 | 1,9 |
Trading of CFD derivatives in lots5 | 2 321 584 | 1 907 974 | 4 229 558 | 2 988 809 |
Profitability per lot (in PLN)6 | 229 | 277 | 251 | 289 |
Trading in CFD derivatives at nominal value (USD million) | 1 144 554 | 937 867 | 2 082 421 | 1 203 409 |
Profitability for 1 million CFD derivatives trading at nominal value (in USD)7 | 128 | 144 | 135 | 184 |
Turnover of shares and ETPs at nominal value (USD million) | 4 704 | 4 145 | 8 849 | 4 048 |
1 Number of new Group clients by period.
2Number of clients who during the period: (i) carried out at least one transaction and/or (ii) had an open position, and/or (iii) had free funds on the interest-bearing account.
3Net deposits are the sum of deposits made by clients, minus the amounts withdrawn by clients in a given period, excluding deposits and withdrawals made using eWallet.
4Operating income of the Group in a given period divided by the number of active clients in a given period.
5 A lot is a trading unit in financial instruments. Lot sizes vary for different financial instruments. For transactions in CFDs based on currencies, including cryptocurrencies, a lot corresponds to 100 000 units of the underlying currency. In other cases, the lot value is defined in the instrument specification table, which is available here. The value presented excludes trading in equity CFDs and ETPs where 1 lot equals 1 share. As the definition of a lot for CFDs based on cryptocurrencies has been aligned with the definition used for CFDs based on currencies, where the value of 1 lot is 100 000 units of the underlying currency, the data has been adjusted accordingly in the comparative periods.
6Net result from operations on financial instruments adjusted for the result on shares and ETPs and the result on CFDs on shares and ETPs divided by the turnover of CFD derivatives in lots.
7Result from operations on net financial instruments adjusted for the result on shares and ETP converted into USD at the exchange rate constituting the arithmetic average of the average exchange rates determined by the National Bank of Poland on the last day of each month of the reporting period, divided by trading in CFD derivatives at nominal value (in USD million).
361 643NEW CLIENTS
IN THE FIRST HALF OF 2025
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