Interim report
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Group Interim Management Statement , January - September 2021 Frankfurt / Main , 4 November 2021 flatexDEGIRO continues industry - leading growth and increases monetisation in Q3 2021 ● ● ● ● ● flatex DEGIRO Customers growth to 1.90 m ( +64 % vs Sep 2020 ) continues to be well above all peers , with customer retention rate maintaining at > 98 % Number of transactions increased by 12 % to 18.2 m ( Q3 2020 : 16.3 m , pro forma ) despite significantly lower market volatility ( 9M 2021 : 71.2 m ) Monetisation model proven : revenues of EUR 88.1 m in Q3 2021 ( +35 % vs Q3 2020 ) indicate revenues per trade of approx . 4.85 EUR , the highest level so far in 2021 Adj . EBITDA of EUR 38.5 m represents an increase of 39 % vs. Q3 2020 and 11 % vs. Q2 2021 , both despite significantly higher marketing expenses in Q3 2021 Further significant growth initiatives in Q4 2021 Frank Niehage , CEO of flatexDEGIRO AG : “ There is no doubt that 2021 will be another record year for flatexDEGIRO . Already in October , we have surpassed the 75 million transactions that we settled in 2020 , and I am confident that we will be able to welcome our 2 millionth customer in November . We benefit from a unique strategic positioning that we have worked hard to achieve over the past years and months . Together with continuous innovation and highest cost efficiency , it allows us to offer our customers the best choice of products and services at most attractive conditions . As the European price leader in online brokerage , we are striving for even more dynamic growth . The huge scalability of our business and our technological edge enable us to expand our already high profitability in the medium and long term while at the same time further investing strongly into the attractiveness of our customer offering . " MAIN SPONSOR BORUSSIA MÖNCHENGLADBACH Page 1 of 8