Smartbroker Holding AG

SB1

Equity

ISIN DE000A2GS609 / Valor 38397457

Xetra (2024-11-21)

EUR 7.46-0.53%

Smartbroker Holding AG
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About company

Smartbroker Holding AG, formerly known as wallstreet:online AG, is a financial services company that emerged from GIS Wirtschaftsdaten GmbH in 1998. The company's main business activity is the marketing of the finance portal www.wallstreet-online.de. Smartbroker Holding AG has expanded its stake in Smartbroker AG, a securities services provider, and acquired other financial information portals such as www.finanzNachrichten.de, ariva.de, and Smart Investor. With a strategic focus on securities services, Smartbroker Holding AG has successfully grown its customer base, assets under custody, and monthly page views on its financial news portals. The company aims to provide comprehensive financial services to its clients and has experienced significant growth in its first year of business.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Smartbroker Holding AG reported a significant increase in revenue for the first quarter of 2023. The company achieved a total revenue of €46 million, reflecting its strong market position and growing customer base.

EBITDA Performance

In the first quarter of 2023, Smartbroker Holding AG recorded an EBITDA of €1 million. This positive EBITDA indicates the company's operational efficiency and ability to generate earnings before interest, taxes, depreciation, and amortization.

Brokerage Accounts

Smartbroker Holding AG saw a substantial increase in the number of brokerage accounts in the first quarter of 2023. The company now manages 180,000 brokerage accounts, showcasing its expanding market presence and customer trust.

Assets Under Custody

As of the first quarter of 2023, Smartbroker Holding AG reported assets under custody totaling €9.4 billion. This significant figure underscores the company's capability to attract and manage substantial client investments.

Average Assets Per Account

Smartbroker Holding AG's average assets per account stood at €52,000 in the first quarter of 2023. This metric highlights the company's ability to attract high-value clients and manage significant individual investments.

Summarized from source with an LLMView Source

Key figures

-27.2%1Y

-64.5%3Y

37.2%5Y

Performance

34.4%1Y

46.1%3Y

53.3%5Y

Volatility