FLATEX AG NA O.N. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.52
Dividend & YieldN/A€ (N/A)
Beta 1.21
Market capitalization 642.87M
Operating cash flow 528.74M
ESG Scores unknown

Company description

flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe. It operates through Financial Services (FIN) and Technologies (TECH) segments. The FIN segment offers business-to-consumer online brokerage, business-to-business white-label banking, electronic securities settlement, custody account management, and other banking products and services. This segment also provides business process outsourcing solutions; technical transaction processing services; cash management services; and securities-backed lending services, as well as engages in treasury and investment activities. The TECH segment is involved in the development, production, distribution, and maintenance of software, hardware, and information technology infrastructure. This segment also provides a platform for banking operations; corporate payment products; and develops and operates Limit Order System, which monitors the limit orders of European brokers against the price feed of connected issuers. The company was formerly known as flatex AG and changed its name to flatexDEGIRO AG in October 2020. flatexDEGIRO AG was incorporated in 1999 and is based in Frankfurt am Main, Germany.

Sector: Financial Services - Industry: Capital Markets

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 72.19M -1.91M 1.14B 714.56M
Total Cashflows From Investing Activities -27.76M -33.19M -314.65M -26.22M
Net Borrowings -3.56M 1.4M -7.3M -2.99M
Total Cash From Financing Activities 35.73M 4M 184.38M -1.21M
Change To Operating Activities 172.26M -129.16M -329.09M -342.43M
Issuance Of Stock 35.03M 6.07M 191.68M 1.78M
Net Income 17.47M 14.89M 49.91M 51.54M
Change In Cash 258.04M -186.43M 786.51M 363.13M
Effect Of Exchange Rate
Total Cash From Operating Activities 250.07M -157.25M 916.78M 390.55M
Depreciation 4.61M 8.22M 14M 23.44M
Change To Account Receivables -65.85M 3.29M -1.82M -12.13M
Other Cashflows From Financing Activities 4.26M -3.46M 22.03M
Change To Netincome 8.48M -1.11M 22.05M 227k
Capital Expenditures -3.08M -14.53M -6.75M -8.42M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 28.44M 21.63M 69.87M 74.42M
Net Income 17.47M 14.89M 49.91M 51.54M
Selling General Administrative 46.01M 56.31M 113.73M 224.58M
Gross Profit 76.13M 84.14M 206.5M 330.34M
Ebit
Operating Income 31.99M 21.61M 70.25M 80.06M
Interest Expense
Income Tax Expense 10.96M 6.72M 19.94M 22.86M
Total Revenue 112.98M 122.31M 255.95M 405.67M
Cost Of Revenue 36.85M 38.17M 49.45M 75.33M
Total Other Income ExpenseNet -3.55M 23k -385k -5.64M
Net Income From Continuing Ops 17.47M 14.91M 49.92M 51.55M
Net Income Applicable To Common Shares 17.47M 14.89M 49.91M 51.54M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.06B 1.08B 2.37B 3.19B
Total Stockholder Equity 163.17M 181.69M 445.31M 498.85M
Other Current Liabilities 9.51M 6.45M 45.04M 55.9M
Total Assets 1.22B 1.27B 2.82B 3.69B
Common Stock 18.74M 19.6M 27.27M 109.79M
Other Current Assets 10.03M 11.19M 12.45M
Retained Earnings 43.47M 53.68M 112.71M 162.41M
Treasury Stock -451k 1.52M -5.59M -3.67M
Cash 655.05M 468.62M 1.26B 1.62B
Total Current Liabilities 1.03B 1.05B 2.28B 3.06B
Other Stockholder Equity -451k 1.52M -5.59M -3.67M
Property, Plant, and Equipment 7.59M 16.27M 32.86M 34.11M
Total Current Assets 951.84M 890.02M 2.15B 3.01B
Net Tangible Assets 115.76M 134.7M 104.06M 167.36M
Net Receivables 295.71M 411.06M 880.97M 1.38B
Accounts Payable 958.27M 956.36M 2.1B 2.81B


Insider Transactions

Here are the insider transactions of stock shares related to FLATEX AG NA O.N.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to FLATEX AG NA O.N.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on FLATEX AG NA O.N.

Here is the result of two systematic investment strategies applied to FLATEX AG NA O.N.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on FLATEX AG NA O.N.

The following chart shows the equity curve of the two systematic investment strategies applied to FLATEX AG NA O.N.:

FLATEX AG NA O.N. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -49.55% on the backtest period.

Performance at glance

Performance

-49.55 %

Latent gain

-780.38 €

Invested capital

1575.02 €

Annualized return

-12.03 %
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Momentum strategy results on FLATEX AG NA O.N.

This is the result of two momentum investment strategies applied to FLATEX AG NA O.N.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on FLATEX AG NA O.N.

The following chart shows all the entries opened by the momentum investment system on FLATEX AG NA O.N.:

FLATEX AG NA O.N. momentum entries
  • The first momentum investment strategy would give -26.13% of return on FLATEX AG NA O.N.. That represents -915.19€ of latent gain with 3502.39€ of employed capital.
  • The second momentum investment strategy would give -29.99% of return on FLATEX AG NA O.N.. That represents -886.72€ of latent gain with 2956.48€ of employed capital.
Performance at glance (1Q Momentum)

Performance

-26.13 %

Latent gain

-915.19 €

Invested capital

3502.39 €

Annualized return

-6.34 %
Performance at glance (2Q Momentum)

Performance

-29.99 %

Latent gain

-886.72 €

Invested capital

2956.48 €

Annualized return

-8.24 %

Momentum equity curve on FLATEX AG NA O.N.

The following chart shows the equity curve of the two momentum strategies applied to FLATEX AG NA O.N.:

FLATEX AG NA O.N. momentum equity

Note: the dividends potentially given by FLATEX AG NA O.N. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FLATEX AG NA O.N.

The following chart shows the employed capital evolution of the two momentum strategies on FLATEX AG NA O.N. since the beginning:

FLATEX AG NA O.N.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250€, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000€.


Buy the dip strategy result on FLATEX AG NA O.N.

Buy the dip entry openings on FLATEX AG NA O.N.

FLATEX AG NA O.N.

The performance achieved by the robo-advisor on FLATEX AG NA O.N. is -13.44%. That represents -34.44$ of latent gain with 256.2€ of employed capital. The following chart shows FLATEX AG NA O.N. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of FLATEX AG NA O.N., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-13.44 %

Latent gain

-34.44 €

Invested capital

256.2 €

Annualized return

-6.34 %

Equity curve of the strategy applied to FLATEX AG NA O.N.

The following chart shows the result of the investment strategy applied to FLATEX AG NA O.N.:

FLATEX AG NA O.N.

Note: the dividends potentially given by FLATEX AG NA O.N. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FLATEX AG NA O.N.

The following chart shows the employed capital evolution since the beginning of the investment strategy on FLATEX AG NA O.N.:

FLATEX AG NA O.N.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on FLATEX AG NA O.N.

In this section, I will compare the three previous investment strategies applied to FLATEX AG NA O.N..

Equity curve comparison on FLATEX AG NA O.N.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

FLATEX AG NA O.N. investment strategy comparison

Employed capital comparison on FLATEX AG NA O.N.

FLATEX AG NA O.N. investment comparison

Performance comparison on FLATEX AG NA O.N.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -49.55% -780.38€ 1575.02€ -12.03%
Momentum 1 quarter -26.13% -915.19€ 3502.39€ -6.73%
Momentum 2 quarters -29.99% -886.72€ 2956.48€ -8.24%
Non-directional -13.44% -34.44€ 256.2€ -6.34%
Annualized return comparison

Automatic investment

-12.03 %

Momentum 1Q

-8.24 %

Momentum 2Q

-8.24 %

Non-directional

-6.34 %

Correlated stocks

Here are the most positively and negatively correlated stocks with FLATEX AG NA O.N.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between FLATEX AG NA O.N. and the other stocks. There may be false positives or some missing correlated stocks. If the price of FLATEX AG NA O.N. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name FLATEX AG NA O.N.
Country Germany
City Frankfurt am Main
Address Rotfeder-Ring 7
Phone 49 69 450 001 0
Website www.flatex.com
FullTime employees 1162
Industry Capital Markets
Sector Financial Services
Exchange XETRA
Ticker FTK.XETRA
Market www.xetra.com

FLATEX AG NA O.N. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown