Flow Traders (FLTLF) has released an update.
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Flow Traders Ltd. reports a significant improvement in their 2Q 2024 results with Net Trading Income rising to €79.5m, up from €49.5m in the same quarter of the previous year. The firm’s EBITDA also saw a dramatic increase to €21.1m from €3.2m in 2Q23, indicating a healthy EBITDA margin growth to 28%. Additionally, a notable recovery was reflected in their Net Profit which was €12.8m, a turnaround from the Net Loss of -€4.3m in 2Q23.
For further insights into FLTLF stock, check out TipRanks’ Stock Analysis page.