stock3 AG

Latest Results (20.08.2024):

Revenue Performance

In the fiscal year 2023, stock3 AG reported consolidated revenue of EUR 12 million, a slight decrease from EUR 12.6 million in the previous year. This figure includes EUR 0.5 million in revenue from Goldesel Trading & Investing GmbH, which was consolidated starting July 1, 2023. The parent company, stock3 AG, generated revenue of EUR 10.6 million, down from EUR 11.4 million in the prior year.

EBITDA and Net Loss

Stock3 AG's financial results for 2023 were impacted by special charges related to acquisitions and lower trading activities. The EBITDA on a consolidated level was EUR -1.5 million, compared to EUR 1.3 million in the previous year. The company reported a consolidated net loss of EUR -1.5 million, a significant decline from a net profit of EUR 0.8 million in the previous year. The parent company alone recorded a net loss of EUR -1.7 million, compared to EUR 0.4 million in the previous year.

Main Revenue Sources

In 2023, stock3 AG's primary revenue sources included B2B partnerships, subscription fees, Goldesel Trading & Investing GmbH, and the trading interface of its wholly-owned subsidiary, brokerize GmbH. Despite a decline in trade numbers last year, the company is optimistic about a recovery in the current year, which bodes well for future growth.

Future Outlook

Looking ahead to 2024, stock3 AG is optimistic about leveraging synergies from its recent acquisitions and partnerships. The company aims to enhance its IT, social media, marketing, editorial, and paid content capabilities to drive further growth. The collaboration with TraderMacher, Goldesel, and Stockstreet is expected to increase visibility and user acquisition.

Revenue and EBITDA Forecast

For the fiscal year 2024, stock3 AG projects revenue between EUR 13.3 million and EUR 13.8 million. The EBITDA forecast on a consolidated level ranges from EUR 0.5 million to EUR 1.0 million. The company is confident that the steps taken in 2023 will set the stage for a successful 2024.