Flatex AG (OTCPK:FNNTF)

$ 11.19 0 (0%) Market Cap: 1.62 Bil Enterprise Value: -1.16 Bil PE Ratio: 13.34 PB Ratio: 2.05 GF Score: 91/100

Q1 2023 flatexDEGIRO AG Earnings Call Transcript

Apr 27, 2023 / 08:00AM GMT

Release Date Price: $8.35

Transcript

Operator

Hello, and welcome to the flatexDEGIRO Q1 2023 Analyst Call. Please note, this call is being recorded. (Operator Instructions) I will now hand you over to CEO, Frank Niehage to begin today's conference. Please go ahead.

Frank Niehage

flatexDEGIRO AG - Chairman of Management Board & CEO

Good morning, everyone, to our Q1 call. A warm welcome from Frankfurt. I'm here with my colleagues, Muhamad Chahrour and Achim Schreck. We like to start to run you through our presentation. Like always, I will start and set the agenda and then hand over to my colleague, Muhamad to shift gears and drill down a bit more into details. So let me start with our most important project, which is our regulator, BaFin project, where I'm happy to tell you that we are fully on track with the proceedings. Worthwhile to mention, we had a joint kickoff workshop beginning of this month, together with BaFin, Bundesbank and our special representative auditor. And we made great progress with respect to the credit risk mitigation situation with respect to the margin loan at DEGIRO.

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