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- XTRA:FTK
flatexDEGIRO First Half 2024 Earnings: EPS: €0.55 (vs €0.18 in 1H 2023)
flatexDEGIRO (ETR:FTK) First Half 2024 Results
Key Financial Results
- Revenue: €236.2m (up 28% from 1H 2023).
- Net income: €60.8m (up 203% from 1H 2023).
- Profit margin: 26% (up from 11% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: €0.55 (up from €0.18 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
flatexDEGIRO Earnings Insights
Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Capital Markets industry in Germany.
Performance of the German Capital Markets industry.
The company's shares are down 7.0% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on flatexDEGIRO's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if flatexDEGIRO might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About XTRA:FTK
flatexDEGIRO
Provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe.
Very undervalued with solid track record.