Preliminary results for fiscal 2021 and forecast for 2022

Disclosure of an inside information acc. to Article 17 of Regulation (EU) No 596/2014 (MAR)
 

Berlin, 7 March 2022

wallstreet:online AG ("wallstreet:online", the "Company" or the "Group", ISIN: DE000A2GS609) today announces its preliminary results for the 2021 fiscal year as well as its forecast for 2022.

Based on preliminary and unaudited figures, the Group achieved consolidated revenues of approx. €51.4 million in 2021. The consolidated operating EBITDA* is expected to amount to approx. €4.4 million. The result was largely influenced by investing approx. €13.1 million into new client acquisition for Smartbroker. The operating EBITDA* before customer acquisition costs will thus be approximately €17.5 million.

According to preliminary figures, the Company will thus exceed its revenue forecast of €45 to €50 million. The operating EBITDA* is in line with the forecast.

The audited single-entity and consolidated financial statements for fiscal 2021 in accordance with German GAAP (HGB - German Commercial Code) are expected to be published in May 2022 at www.wallstreet-online.ag

For fiscal 2022, wallstreet:online AG plans to generate consolidated revenues in the range of €62 to €67 million and a consolidated operating EBITDA in the amount of €10 to €12 million. The significant investment into the growth of Smartbroker will continue. The costs of acquiring new customers at Smartbroker are expected to be around €6 million, bringing the operating EBITDA* before client acquisition costs to between €16 and €18 million.

* Operating EBITDA is calculated as follows: earnings before taxes, interest and depreciation before extraordinary items amounting to -€0.5 million for costs in connection with the capital increase.

Notifying person: Matthias Hach, CEO