Flatex AG (OTCPK:FNNTF)
$ 11.19 0 (0%) Market Cap: 1.54 Bil Enterprise Value: -1.40 Bil PE Ratio: 12.13 PB Ratio: 1.87 GF Score: 91/100

flatexDEGIRO AG Five-Year Vision Analyst Call Transcript

May 25, 2021 / NTS GMT
Release Date Price: $32.75
Operator

Good day, and welcome to the analyst conference call. Today's conference is being recorded.

At this time, I would like to turn the conference over to the CFO of flatexDEGIRO, Muhamad Chahrour. Please go ahead, sir.

Muhamad Said Chahrour
flatexDEGIRO AG - CFO & Member of the Management Board

Yes. Good morning, everyone. First and foremost, sorry for delay. There were -- there is a high interest in this call, for which I have a full understanding. I thank you for joining today's call and to have you on this great day with us, to discuss with you our released new vision, which is a 5-year vision and aims to reach new milestones in the story of flatexDEGIRO by 2026.

The reason behind the new vision is, for most of you, pretty clear, I would say. We are very well on track to reach our former 2025 vision, the 3 million clients and 100 million transactions most probably by the end of next year, by the end of 2022, so there was no reason at all to keep with the former guidance and to keep with the former vision. And this is mainly driven by a couple

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