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. Press contact: Financial press and Investor Relations:
25-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | wallstreet:online AG |
Seydelstraße 18 | |
10117 Berlin | |
Germany | |
Phone: | +49 (0) 30 2 04 56 382 |
Fax: | +49 (0) 30 2 04 56 450 |
E-mail: | m.bulgrin@wallstreet-online.de |
Internet: | www.wallstreet-online.de |
ISIN: | DE000A2GS609 |
WKN: | A2GS60 |
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 |
|
1171033 25-Feb-2021 CET/CEST