Smartbroker Holding AG Sees Boost in Operating Profitability

Smartbroker Holding AG reported a significant improvement in operational performance for the first half of 2026, surpassing internal revenue and earnings expectations. The company's consolidated revenue rose by 9.6%, reaching €35.42 million. EBITDA, after customer acquisition costs, increased notably from €0.06 million to €2.20 million, indicating an EBITDA margin growth from 0.2% to 6.2%.

The Transaction segment remained a primary growth driver, with revenue increasing by 11.7% to €21.00 million. Notably, trading activity grew by 58.6%. However, gross new customer acquisition fell short of expectations, with costs rising to approximately €160 per customer.

The Media segment continued to provide a stable earnings base, increasing revenue by 6.7%. Smartbroker's strong financial position, indicated by a 74.8% equity ratio, provides flexibility for continued platform expansion.