flatexDEGIRO AG

XETRA FTK.DE

flatexDEGIRO AG Free Cash Flow for the year ending December 31, 2023: USD 541.84 M

flatexDEGIRO AG Free Cash Flow is USD 541.84 M for the year ending December 31, 2023, a 10.58% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • flatexDEGIRO AG Free Cash Flow for the year ending December 31, 2022 was USD 490.02 M, a -46.34% change year over year.
  • flatexDEGIRO AG Free Cash Flow for the year ending December 31, 2021 was USD 913.22 M, a -42.59% change year over year.
  • flatexDEGIRO AG Free Cash Flow for the year ending December 31, 2020 was USD 1.59 B, a 5,622.16% change year over year.
  • flatexDEGIRO AG Free Cash Flow for the year ending December 31, 2019 was USD 27.80 M, a -90.16% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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XETRA: FTK.DE

flatexDEGIRO AG

CEO Dr. Benon Janos
IPO Date Aug. 5, 2010
Location Germany
Headquarters Rotfeder-Ring 7
Employees 1,300
Sector Finance
Industries
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.

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StockViz Staff

January 15, 2025

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