Added to YB: 2024-08-01
Pitch date: 2024-07-30
FLOW.AS [bullish]
Flow Traders Ltd.
+56.77%
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 1.1B
Pitch Price
EUR 15.22
Price Target
57.60 (+141%)
Dividend
N/A
EV/EBITDA
N/A
P/E
7.41
EV/Sales
N/A
Sector
Capital Markets
Category
growth
(-‿-) Is the price slide a good entry opportunity? - Flow Traders Ltd.
FLOW.AS: EPS €0.30 Q2'24 vs -€0.10 Q2'23. EBITDA €21.1M (28% margin) vs €3.2M (6%). Dividend suspended to expand €624M trading capital (56% ROC). Fair P/E 14, current €14.85. €57.6 PT (+288%) in 3yrs. Benefits from market volatility. Q2 trading result €79.5M vs €49.5M Q2'23. ETP value traded +4% YoY.
Read full article (3 min)