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Aandeel FLATEXDEGIRO AG XTR:FTG111.ETR, DE000FTG1111

Laatste koers (eur) Verschil Volume
15,200   -0,100   (-0,65%) Dagrange 15,115 - 15,370 259.341   Gem. (3M) 237,2K

flatexDEGIRO

2.671 Posts
Pagina: «« 1 ... 9 10 11 12 13 ... 134 »» | Laatste | Omlaag ↓
  1. forum rang 6 Tordan 18 oktober 2022 17:42
    quote:

    Dividend Collector schreef op 18 oktober 2022 16:51:

    In elk geval hebben we geen winstwaarschuwing gehad, zoals N Koerts verwachtte. Nu hopen dat Niehage het aandeleninkoopprogramma erdoor heeft gekregen, dan kan de koers eindelijk gaan herstellen.

    www.iex.nl/premium/adviezen/756375/De...
    Die winstwaarschuwing kan straks ook nog komen hoor. Laten we gaan voor een aandeleninkoop en sterke cijfers en mooie outlook.
  2. PaxRomana 18 oktober 2022 18:00
    flatexDEGIRO with solid financial and operational performance despite challenging markets



    • Revenues in Q3 2022 of EUR 91.9m, up 4.3% compared to previous year’s quarter (Q3 2021: EUR 88.1m)

    • Revenue per transaction in Q3 2022 reaches EUR 5.15, an increase of 6.5% (Q3 2021: EUR 4.83)

    • EBITDA in Q3 2022 of EUR 37.6m, a growth of 25.1% compared to previous year’s quarter (Q3 2021: EUR 30.1m)

    • Management guidance of reaching revenues of at least EUR 400m in 2022 with an Adj. EBITDA margin on last year’s level confirmed

    • Over 376,000 new customer accounts acquired in the first nine months, resulting in a total customer base of 2.4m, customer retention rate of 98.4%



    Frank Niehage, CEO of flatexDEGIRO AG: "The market environment remains challenging, with high inflation, rising interest rates and fears of recession and geopolitical risks weighing heavily on the overall sentiment in the capital markets. However, our ongoing growth and financial performance clearly demonstrate the solidity of our business model and the quality of our customer base. Together with the tailwind from a strongly rising interest income and the commercial measures we have taken, we are very confident to increase our revenue per trade in the fourth quarter 2022, further accelerating into next year."



    Muhamad Chahrour, CFO of flatexDEGIRO AG and CEO of DEGIRO: "We have once more proven our ability to keep revenue per trade well above 5 Euro while maintaining industry-leading growth rates. Strong net cash inflows of 5 billion Euro in just nine months, a customer retention rate of over 98 percent and general customer activity on 2019 levels show the high customer quality, that will allow us to further increase the value of our operations significantly in the short and medium term. Higher interest rates and our own commercial measures have the clear potential to raise EBT next year by more than 50 million Euro."



    Sell-side analyst call, tomorrow, 10 am CET / 9 am UK



    Frank Niehage (CEO of flatexDEGIRO) and Muhamad Chahrour (CFO of flatexDEGIRO) will host the corresponding analyst call tomorrow at 10 am CET / 9 am UK. Please use the link below to follow the webcast live or as a replay after the event.

    Link to the webcast: channel.royalcast.com/landingpage/fla...
  3. forum rang 6 Tordan 18 oktober 2022 18:05
    Frankfurt/ Main, 18 October 2022

    flatexDEGIRO with solid financial and operational performance despite challenging markets

    Revenues in Q3 2022 of EUR 91.9m, up 4.3% compared to previous year’s quarter
    (Q3 2021: EUR 88.1m)
    Revenue per transaction in Q3 2022 reaches EUR 5.15, an increase of 6.5%
    (Q3 2021: EUR 4.83)
    EBITDA in Q3 2022 of EUR 37.6m, a growth of 25.1% compared to previous year’s quarter
    (Q3 2021: EUR 30.1m)
    Management guidance of reaching revenues of at least EUR 400m in 2022 with an Adj. EBITDA margin on last year’s level confirmed
    Over 376,000 new customer accounts acquired in the first nine months, resulting in a total customer base of 2.4m, customer retention rate of 98.4%


    Frank Niehage, CEO of flatexDEGIRO AG: "The market environment remains challenging, with high inflation, rising interest rates and fears of recession and geopolitical risks weighing heavily on the overall sentiment in the capital markets. However, our ongoing growth and financial performance clearly demonstrate the solidity of our business model and the quality of our customer base. Together with the tailwind from a strongly rising interest income and the commercial measures we have taken, we are very confident to increase our revenue per trade in the fourth quarter 2022, further accelerating into next year."
  4. forum rang 6 Tordan 18 oktober 2022 18:12
    Outlook

    Fourth quarter 2022 expected to show further increase of revenue per trade
    In-line with typical seasonal developments, trading activity during the fourth quarter is expected to pick up again, supported by portfolio sorting to realize tax losses before the end of the fiscal year, earnings seasons with higher visibility on full-year performance and US mid-term elections. Customer account growth during the last three months is likewise expected to accelerate against the second and third quarter. Newly introduced referral programs (Member-get-member) and an ambassador program in collaboration with universities, business schools and investment clubs in key growth markets such as France, Spain, Portugal and Italy are expected to further support sustainable customer growth beyond the fourth quarter 2022.
    The fourth quarter 2022 is expected to show further increases to revenue per trade due to a significantly higher interest income and further commercial measures taken already during the third quarter.
    Significant benefit from increasing interest rates

    Based on flatexDEGIROs existing liquidity portfolio of approx. EUR 2.5 billion as of 30 September 2022, the current ECB depository rate of 75 basis points will result in an additional interest income in the fourth quarter of approx. EUR 5 million. In case of further increases of the ECBs depository rate to a level of 125 to 200 basis points, the annualized EBT potential would amount to approx. EUR 30 to 50 million.
    Higher monetization due to 50 cent more handling fee at DEGIRO

    In light of general inflationary trends, DEGIRO has increased its handling fee by EUR 0.50, effective 1 September 2022. With a major and growing share of transactions settled by flatexDEGIRO stemming from DEGIRO, this relatively small increase adds up when applied to millions of transactions. For the fourth quarter 2022, management expects this measure to contribute approx. EUR 3.5 million to EBT, corresponding to an annualized EBT potential of approx. EUR 14 million.
    Further commercial measures to support near-term expansion of revenue per trade

    During the fourth quarter 2022, DEGIRO will significantly extend customer access to margin loans. The product will be made available to basically all of the over 1.5 million DEGIRO customers. So far, it is only available to a fraction of DEGIRO customers (approx. 250k). Under conservative assumptions, the additional margin loan potential could amount to well over EUR 300 million. At current interest rate levels of 400 basis points, this would equate to an annualized EBT potential of approx. EUR 13 million.
    Following the successful introduction of DEGIROs ETP partnerships with BNP Paribas and Société Générale in the Netherlands, France and Germany in December 2021, the partnerships will be further extended during the fourth quarter 2022 to Italy, Switzerland, Spain and Portugal. By enhancing its product offering in these growth markets with such high revenue products, DEGIRO increases its attractiveness for existing and new customers while tapping into additional growth and monetarization potential of around EUR 4 million, on an annualized basis.
    Seasonal increase of trading activity and customer growth

    In-line with typical seasonal developments, trading activity during the fourth quarter is expected to pick up again, supported by portfolio sorting to realize tax losses before the end of the fiscal year, earnings seasons with higher visibility on full-year performance and US mid-term elections. Customer account growth during the last three months is likewise expected to accelerate against the second and third quarter. Newly introduced referral programs (Member-get-member) and an ambassador program in collaboration with universities, business schools and investment clubs in key growth markets such as France, Spain, Portugal and Italy are expected to further support sustainable customer growth beyond the fourth quarter 2022.
    Full year 2022 guidance

    The Management Board expects to generate revenues of at least EUR 400 million in 2022. Average revenue per transaction is expected to be significantly above the previous year's level at well over EUR 5 (2021: EUR 4.59). Due to the significantly improved monetization, the Management Board expects to achieve an Adjusted EBITDA margin on prior-years level for the full year 2022.
  5. forum rang 6 Tordan 18 oktober 2022 18:22
    En vandaag ook:

    "Rente ECB neigt naar 2 procent dit jaar

    Henk-Jan Buist
    -
    18 oktober 2022

    "De ECB lijkt te neigen naar opnieuw een forse rentestap met 0,75 procent eind volgende week. Verschillende topmensen van de centrale bank laten doorschemeren dat deze grote stap op het wensenlijstje staat van de bestuurders, gezien de aanhoudende inflatie. De rente zou aan het eind van het jaar uitkomen op 2 procent.

    Momenteel staat de rente op 0,75 procent, maar het lijkt erop dat op 27 oktober een besluit wordt genomen om te verhogen naar 1,50 procent. De ECB lijkt af te stevenen op een rente van 2 procent aan het eind van het jaar met een verdere verhoging van 50 basispunten in december. ECB-bestuurder Martin Kazaks zei deze week in Washington dat hij voorstander is van een verhoging van 0,75 procent en verdere verhogingen in 2023."

    Dat zou op jaarbasis, bij een rente van 2% dus 50 miljoen EBITDA toevoegen. Niet slecht.
  6. forum rang 6 Bulletje Rozenwater 19 oktober 2022 10:55
    quote:

    PaxRomana schreef op 19 oktober 2022 09:38:

    Stort in elkaar. Snap niet waarom dit gebeurd. Cijfers waren solide en vooruitzichten blijven intact.
    Alleen jammer geen nieuws mbt buyback maar misschien komt dat nog aanbod tijdens de conference call.
    Maar er staat ook niet echt iets in om blij van te worden of positieve verrassingen. Outlook nieuwe acounts wordt niet gehaald zoals verwacht. Er is iets geks aan de hand met de adjusted ebita marge, die is gedaald tov 2021, geen idee waarom maar wellicht valt dat tegen.

    Het is gewoon beurs. In een bull market prijzen we 5 jaar winsten in, in een bear market stort de wereld kennelijk in en moeten we bang zijn dat de toko failliet gaat of zoiets.

    De waardering was al laag dus gewoon geduld. Dit lijkt echt wel een bodem, maar alles kan lager natuurlijk. Als de beurzen er weer zin in krijgen kan de vlag uit.
  7. forum rang 6 Bulletje Rozenwater 19 oktober 2022 11:10
    quote:

    Bas schreef op 19 oktober 2022 10:55:

    Wel goede outlook overigens
    "Full year 2022 guidance

    The Management Board expects to generate revenues of at least EUR 400 million in 2022. Average revenue per transaction is expected to be significantly above the previous year's level at well over EUR 5 (2021: EUR 4.59). Due to the significantly improved monetization, the Management Board expects to achieve an Adjusted EBITDA margin on prior-year’s level for the full year 2022."

    Ze zijn er vol van. De crux is de adj. ebita marge. Management zegt dat ze dit in 1 kwartaal gaan inlopen en dan kan de outlook gehandhaafd worden. 2021 was 45%, 2021 35 %. Succes er mee. Voelt een beetje als dezelfde onzin met de outlook voor nieuwe accounts, alhoewel dit voor mij als leek moeilijker te volgen is. Over die nieuwe acounts wordt nu gezwegen natuurlijk :).Maar voor de goede orde, ik weet niet wat er aan de hand is met die adjusted Ebita marge en waarom het zo laag is.
    Het verbaasd mij wel waarom de cijfers zo opgeleukt moeten worden met onzin, dat doet het vertrouwen geen goed.
  8. PaxRomana 19 oktober 2022 11:35
    Goldman-Sachs-Analyst Charles Mayne hob hervor, dass das Umsatzziel von zuletzt 400 bis 440 Millionen Euro auf noch "mindestens 400 Millionen Euro" geändert wurde. Das Unternehmen selbst bezeichnete dies als bestätigte Prognose. Zudem sei das Ziel von 75 bis 85 Millionen Transaktionen in der Mitteilung vom Dienstagabend nicht wiederholt worden, so der Goldman-Sachs-Experte.

    Warburg-Analyst Marius Fuhrberg attestierte dem Unternehmen anhaltend schwache Handelsaktivitäten der Kunden im dritten Quartal. Um das avisierte bereinigte operative Ergebnis (Ebitda) im Gesamtjahr zu erreichen, bräuchte es schon ein starkes viertes Quartal, so der Experte
  9. forum rang 6 Tordan 19 oktober 2022 11:56
    Slechts klein minnetje vandaag. Ik vind vooral de outlook met de oplopende rente kansrijk.Aantal nieuwe klanten worden geen minimaal 600000, zoals eerder aangenomen. Dit komt uiteraard wel door de huidge marktomstandigheden. Echter tov concurrenten nog steeds een forse aanwas van nieuwe klanten. Daarbij is de waardering erg laag. Ik heb een kleine positie, maar wil onder de 8,50 zeker uitbreiden.
  10. forum rang 6 Bulletje Rozenwater 19 oktober 2022 17:41
    Niels Koerts heeft ook geen verklaring voor de lage Ebita marge, mogelijk beloningen personeel. Dit in combinatie met alle onzin die het management verkondigd over de Outlook maakt mij toch wel huiverig, ik vertrouw de zaak niet. Ga bijna denken dat het voor een lage koers van de beurs af moet.
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