Netfonds AG

Latest Results (21.03.2026):

Netfonds AG — annual results for the year 2024 (full-year, not a single quarter): The audited 2024 consolidated financial statements show strong revenue and profit recovery versus 2023. Gross sales rose to EUR 237.1m, net sales (after commissions) to EUR 45.6m, EBITDA improved to EUR 8.1m and the Group returned to a net profit of EUR 2.6m. The Management and Supervisory Boards will propose a dividend increase to EUR 0.35 per share. The statements were audited and adopted with only minor changes to previously published preliminary figures.

Top-line growth

Gross consolidated sales: EUR 237.149m (+22.9% y/y). Net sales (commission & fee surplus): EUR 45.628m (+24.6% y/y).

Profitability rebound

EBITDA: EUR 8.063m (+64.2%). EBIT: EUR 3.330m (more than double prior year). Earnings before taxes: EUR 4.123m. Group annual net income: EUR 2.598m (versus a EUR -0.279m loss in 2023). Netfonds AG (parent) net income: EUR 0.4m.

Balance sheet and equity

Total assets: EUR 109.163m (+51.1%). Group equity: EUR 25.922m (+20.8%), equity ratio: 23.75% (down from 30.0% in 2023).

Dividend proposal

Management and Supervisory Board will propose a dividend of EUR 0.35 per share at the AGM on 23 July 2025 (previous year: EUR 0.25; a 40% increase proposed).

Outlook for 2025

Based on Q1 analyses, Netfonds expects continued growth in investment and insurance segments and forecasts a ~15% increase in key net sales for 2025 to EUR 52.5–54.0m, with a disproportionately higher rise in operating results anticipated.

Audit and timing

The consolidated and annual financial statements were audited and adopted with only minor adjustments to the figures preliminarily published on 18 March 2025; Netfonds will publish Q1 2025 results after trading on 17 June 2025 and hosted an investor call on 18 June 2025.