XTB S A : Q3 2022 Results Presentation

Q3 2022 results presentation

8 November 2022

Agenda

RESULTS

Q3.2022

01 Financial Data

02 Operational Data

03 Market Environment

04 Appendix

2

Financial

01 Data

3

Financial data

Financial consolidated highlights

In PLN'000	Q3 2022	Q3 2021	Change	Q1-Q3 2022 Q1-Q3 2021	Change

	Result of operations on financial instrument	389 568	198 731	190 837	1 222 684	437 904	784 780
	Other income	1 721	1 298	423	4 819	4 124	695
	Total operating income	391 289	200 029	191 260	1 227 503	442 028	785 475
	Salaries and employee benefits	(49 036)	(36 613)	12 423	(142 014)	(95 858)	46 156
	Marketing	(48 579)	(24 772)	23 807	(153 891)	(82 900)	70 991
	Commission expenses	(12 995)	(8 620)	4 375	(40 585)	(26 411)	14 174
	Other external services	(12 737)	(8 762)	3 975	(35 102)	(27 134)	7 968
	Other costs	(9 199)	(6 004)	3 195	(28 740)	(15 754)	12 986
	Total operating expenses	(132 546)	(84 771)	47 775	(400 332)	(248 057)	152 275
	Operating profit (EBIT)	258 743	115 258	143 485	827 171	193 971	633 200
	Finance income	32 081	13 064	19 017	49 812	13 724	36 088
	Finance costs	(277)	(134)	143	(789)	(1 484)	(695)
	Profit before tax	290 547	128 188	162 359	876 194	206 211	669 983
	Income tax	(54 328)	(23 883)	30 445	(160 405)	(36 900)	123 505
	Net profit	236 219	104 305	131 914	715 789	169 311	546 478

Total operating income (in MM PLN)

Q3 2021		Q3 2022

391

200

Net profit (in MM PLN)

Q3 2021		Q3 2022

236

104

4

Financial data continued

Consolidated financial

In PLN'000	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
Total operating income (in PLN'000)	391 289	396 410	439 804	183 567	200 029	55 302	186 697	139 962
Transaction volume in CFD instrument in lots1	1 594 606	1 489 917	1 560 739	1 073 549	1 044 329	871 300	1 115 389	800 935
Profitability per lot (in PLN)2	245	266	282	171	192	63	167	175
Transaction volume in CFD instruments in nominal value	539 879	539 673	631 255	482 097	502 650	366 257	386 347	292 000
(in USD'000000)
Profitability for 1 million USD transaction volume in CFD	152	168	167	94	102	40	127	126
instruments in nominal value (in USD)

1. A lot is a unit of trading in financial instruments in the case of foreign currency transactions, a lot corresponds to 100 000 units of the underlying currency in the case of instruments other than CFDs based on currencies, the amount is specified in the instruments table and varies for various instruments Presented value does not include CFD turnover on shares and ETFs, where 1 lot equals 1 share.
2. Total operating income divided by the transaction volume in CFDs in lots.
3. Total operating income converted into USD by the arithmetic average of exchange rates published by the National Bank of Poland on the last day of each month of the reporting period, divided by turnover of CFD in nominal value (in USD' 000000).

Total operating income

(in MM PLN)

						440	396	391
	140	187		200	184
			55
	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3
5	2020	2021	2021	2021	2021	2022	2022	2022

Transaction volume in CFD instrument in lots

(in thousands)

					1 561 1 490 1 595
	1 115		1 044	1 074
		871
801
Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3
2020	2021	2021	2021	2021	2022	2022	2022

Profitability per lot

(in PLN)

					282	266	245
175	167		192	171
		63
Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3
2020	2021	2021	2021	2021	2022	2022	2022