FlatexDEGIRO Sees Strong Revenue and Net Income Growth in Q1 2025

Pan-European broker flatexDEGIRO announced significant gains in the first quarter of 2025. Revenues increased by 19% to EUR 146 million, while net income surged 40% to EUR 42 million compared to the same period last year. The growth was driven by a 31% increase in commission income, reaching EUR 98 million, thanks to heightened trading activity and market volatility.

CEO Oliver Behrens noted that strategic growth initiatives are progressing well, with new crypto trading capabilities set to reach two-thirds of the company's 3 million customers. Operating expenses rose to EUR 56 million due to higher personnel costs associated with long-term remuneration tied to share price increases.

Despite a 1% decrease in interest income to EUR 43 million, flatexDEGIRO managed to stabilize this revenue stream through increased customer deposits and margin loans. With 21% more transactions settled in Q1 2025, the company remains optimistic about meeting its full-year financial targets.