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Added to YB: 2026-04-22

Pitch date: 2026-04-20

FLOW.AS [neutral]

Flow Traders Ltd.

+0.14%

current return

Author Info

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Company Info

Flow Traders Ltd. operates as a financial technology-enabled multi-asset class liquidity provider in Europe, the Americas, and Asia.

Market Cap

EUR 1.2B

Pitch Price

EUR 28.14

Price Target

N/A

Dividend

N/A

EV/EBITDA

-8.28

P/E

9.38

EV/Sales

-3.66

Sector

Capital Markets

Category

growth

Show full summary:
Flow Traders ($FLOW.AS) Q1/2026: Volume explosion + VIX breakout — that couldpulverize consensus expectations!

FLOW.AS (earnings): Q1 2026 poised to crush consensus €1.22 EPS (€41-55M net income est). VIX spiked to 31.65 in Mar vs 13-17 in Q4'25; global ETP volumes +73% YoY (APAC +100%, Americas +70%). Mgmt pre-close call confirmed NTI >€130M floor vs Q4's €123.8M. Expect NTI €140-150M, EBITDA €65-75M (44-48% margin) on spread widening during volatility spike. Trading capital at record €1.044B. Risks: fixed costs €55-57.5M/qtr, crypto segment weak QoQ, higher interest expense from $275M Oct'25 debt raise. Apr 24 results likely beat.

Read full article (10 min)