CURRENT REPORT No. 29/2025
Warsaw, October 28, 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. 29 dated 28 October 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 III quarter of 2025The Management Board of the XTB S.A. (the "Issuer", the "Company", "XTB") hereby announces that on October 28, 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 III 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 III quarter of 2025 will be presented in the extended consolidated report of the Issuer's Group for the III quarter of 2025, publication of which was scheduled for November 18, 2025.
Legal basis Article 17 paragraph 1 MAR - inside information.
APPENDIX TO THE CURRENT REPORT NO. 29/2025 OF 28 OCTOBER 2025
PRELIMINARY FINANCIAL AND OPERATING RESULTShttps://www.xtb.com/pl 1
FOR THE THIRD QUARTER OF 2025
Key indicators
for the third quarter of 2025
SELECTED CONSOLIDATED FINANCIAL DATA
30.09.2025 | 30.09.2024 | 30.09.2025 | 30.09.2024 | |
Total operating income | 375 821 | 470 234 | 1 536 712 | 1 408 020 |
Total operating expenses | (322 654) | (208 526) | (931 382) | (618 899) |
Operating profit (EBIT) | 53 167 | 261 708 | 605 330 | 789 121 |
Financial revenue | 5 433 | 8 448 | 33 700 | 46 132 |
Financial expenses | 2 982 | (18 244) | (82 105) | (18 757) |
Profit before tax | 61 582 | 251 912 | 556 925 | 816 496 |
Income tax | (8 355) | (48 086) | (93 646) | (149 624) |
Net profit | 53 227 | 203 826 | 463 279 | 666 872 |
(in PLN thousand)
3 MONTH PERIOD ENDED ON 9 MONTH PERIOD ENDED ON
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30.09.2025 | 31.12.2024 30.09.2024 | |
Own cash | 1 785 771 | 1 619 512 1 250 034 |
Own cash + bonds | 1 805 792 | 2 044 204 1 789 327 |
Equity | 1 818 639 | 2 003 641 1 808 502 |
(in PLN thousand)
SELECTED CONSOLIDATED OPERATING DATA (KPI)
3 MONTH PERIOD ENDED ON 6 MONTH PERIOD ENDED ON
30.09.2025 | 30.09.2024 | 30.09.2025 | 30.09.2024 | |
New clients1 | 221 762 | 108 104 | 583 405 | 340 420 |
Total clients | 1 904 475 | 1 213 554 | 1 904 475 | 1 213 554 |
Number of active clients2 | 919 976 | 522 899 | 1 005 589 | 586 395 |
Net deposits (in PLN thous.)3 | 3 233 068 | 2 266 397 | 10 473 943 | 6 071 398 |
Average operating revenue per active client (in PLN thous.)4 | 0,4 | 0,9 | 1,5 | 2,4 |
Trading of CFD derivatives in lots5 | 2 094 296 | 1 627 978 | 6 323 854 | 4 616 787 |
Profitability per lot (in PLN)6 | 152 | 272 | 218 | 283 |
Trading in CFD derivatives at nominal value (USD million) | 1 118 278 | 695 315 | 3 200 699 | 1 898 724 |
Profitability for 1 million CFD derivatives trading at nominal value (in USD)7 | 84 | 167 | 118 | 178 |
Turnover of shares and ETPs at nominal value (USD million) | 5 948 | 2 401 | 14 797 | 6 449 |
1Number of new Group clients by period.
Number 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.
Net 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.
Operating income of the Group in a given period divided by the number of active clients in a given period.
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.
Net 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.
Result 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).
221 762
NEW CLIENTS
IN THE THIRD QUARTER OF 2025
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