wallstreet:online AG: Preliminary results for fiscal 2020 and forecast for 2021
wallstreet:online AG / Key word(s): Annual Results/Forecast
Disclosure of inside information according to Article 17 of the Regulation (EU) No. 596/2014
Preliminary results for fiscal 2020 and forecast for 2021
For fiscal 2021, wallstreet:online AG plans to generate consolidated revenues in the range of EUR 45m to 50m and a consolidated operating EBITDA in the amount of EUR 4m to 6m. The costs of acquiring new customers at Smartbroker are expected to be around EUR 12.5m. This forecast includes wallstreet:online capital AG on a fully consolidated basis, since wallstreet:online AG expects that the ongoing change of control proceedings in relation to the increase of its shareholding in wallstreet:online capital AG to approx. 73% (routinely prescribed by the German Banking Code) will be completed during 2021.
* Operating EBITDA is calculated as follows: earnings before taxes, interest and depreciation before extraordinary items totalling a net gain of approx. EUR 2.7m, generated primarily by the disposal of wallstreet:online AG's shareholding in Trade Republic Bank GmbH.
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|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1171033|
|End of Announcement||DGAP News Service|