Netfonds AG

Latest Results (03.05.2026):

Netfonds AG — full-year 2024 (annual results) reports a materially stronger financial performance for FY 2024: gross consolidated sales rose to EUR 237.1m (2023: EUR 192.9m), net sales (commission/fee surplus) increased to EUR 45.6m (2023: EUR 36.6m), EBITDA climbed to EUR 8.1m (+64% y/y) and the Group returned to profit with a net income of EUR 2.6m (2023: EUR -0.279m). The company proposes a dividend increase to EUR 0.35 per share (+40%) and provides a positive 2025 outlook with expected net sales growth of about 15%.

Top-line growth

Gross consolidated sales: EUR 237.149m in 2024, up 22.9% from EUR 192.880m in 2023. Net sales (after commission expenses): EUR 45.628m, up 24.6% from EUR 36.600m.

Profitability

EBITDA rose to EUR 8.063m (2023: EUR 4.910m; +64.2%). Group EBIT was EUR 3.330m (2023: EUR 1.343m; >100% increase). Earnings before taxes improved to EUR 4.123m (2023: EUR 0.727m; >100%).

Net income

The Netfonds Group reported annual net income of EUR 2.598m (2023: net loss EUR 0.279m). At Netfonds AG parent level, net income for the year was EUR 0.4m.

Dividend

Management and the Supervisory Board will propose a dividend of EUR 0.35 per share at the Annual General Meeting (previous year: EUR 0.25), representing a 40% increase.

Balance sheet & capital ratios

Consolidated total assets rose to EUR 109.163m (2023: EUR 72.256m; +51.1%). Group equity increased to EUR 25.922m (2023: EUR 21.451m; +20.8%), with an equity ratio of 23.75% (2023: 30.0%).

Outlook for 2025

Based on Q1 analyses, Netfonds expects continued growth in investment and insurance segments. For FY 2025 it forecasts net sales up ~15%, targeting EUR 52.5m–54.0m, and anticipates a disproportionately higher increase in operating result.

Investor relations

Audited annual and consolidated financial statements were published 18 June 2025. An investor call with the CFO was held on 18 June 2025; the Annual General Meeting is scheduled for 23 July 2025.