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    DGAP-News  216  0 Kommentare wallstreet:online AG: Details on raised forecast, the strong development in the segment finance portals and the Smartbroker - Seite 2

    The Smartbroker's customer growth is also clearly above plan. The online broker, which was launched at the beginning of 2020, is expected to have over 83,000 customers by the end of the year. In May, the plan was still for 60,000. The company intends to continue to make consistent use of the dynamic environment. Therefore, the investment budget was increased by EUR 1.2 million. This should pay off significantly in the medium term. Thus, the Smartbroker should become the sales and earnings driver of the wallstreet:online group as early as 2022.

    At Group level, the increase in the May forecast is as follows: Group sales across all business units are expected to increase to between EUR 24.5 million and EUR 29.9 million (previously EUR 22 million to EUR 26 million) in the current year. The operating result (EBITDA) should be between 4.1 and 5.0 million EUR (previously 3.0 million EUR to 3.6 million EUR). Taking into account the extraordinary income from the sale of the stake in Trade Republic Bank GmbH (EUR 3 million) and the write-down on an ICO project (TEUR 300), the overall result is even expected to be between EUR 6.8 million and EUR 7.7 million. The difference between the strong increase in the operating result in the segment of financial portals and the lower consolidated result is mainly due to the once again increased investments in the strong growth of Smartbroker. The sales and earnings of wallstreet:online capital AG, in which wallstreet:online AG holds a stake of around 43 %, are not included.

    * The key figure EBITDA is calculated as follows: Earnings before taxes, interest, depreciation and amortization.

    About the wallstreet:online group
    The wallstreet:online group has around 160 employees in Berlin, Kiel, Leipzig, Munich and Zurich and operates the financial plattforms wallstreet-online.de, boersenNews.de, FinanzNachrichten.de and ARIVA.de. With around 290 million page impressions (as of 07/2020), the group is by far the largest publisher-independent financial portal operator in the German-speaking world and the No. 1 financial community. Via wallstreet:online capital AG, the company has been active in the online brokerage business for 20 years and therefore has comprehensive expertise in the sale of investment products with maximum discounts. Among the best-known products is FondsDISCOUNT.de, the largest bank-independent online discount investment broker in Germany. Smartbroker is also operated by wallstreet:online capital AG, which in turn is subject to the uniform state financial supervision (BaFin).

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    DGAP-News wallstreet:online AG: Details on raised forecast, the strong development in the segment finance portals and the Smartbroker - Seite 2 DGAP-News: wallstreet:online AG / Key word(s): Forecast/Change in Forecast wallstreet:online AG: Details on raised forecast, the strong development in the segment finance portals and the Smartbroker 18.09.2020 / 12:30 The issuer is solely …

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