XTB fintech wants to acquire average of 150-210k new customers per quarter in 2025

"In 2025, XTB plans to further enrich its offering (...) Accordingly, there will be new products in the long-term investment segment - such as the IKZE account in Poland and the PEA in France," the company said in the press release.

It added that it aims to further develop the eWallet service, which provides instant access to funds, combining investing with convenient payments. In recent days, the service was launched in Poland, and XTB clients in total nine European countries are already using it.

Moreover, XTB is planning to add options to its offering in the active investor product segment and is already carrying out studies on the matter.

"Due to the potential associated with investing in cryptocurrencies, XTB is also planning to add this instrument to its offering and is also conducting preparatory work in this regard," the company announced.

It was also reported that XTB will continue to prepare for licence acquisition and start operations in Brazil, where the licence acquisition process could be completed in 2025.

In line with the company's earlier announcements, it is also planning to start operations in Indonesia in the first half of 2025.

XTB reported in the press release that, according to its estimates, it had a consolidated net profit of PLN 192.6 million (EUR 45.8 mln) in the fourth quarter of 2024, down from PLN 249 million (EUR 59.24 mln) in the prior year period, with EBIT forecast at PLN 200.7 million (EUR 47.75 mln) versus PLN 319 million (EUR 75.9 mln) a year ago.

The PAP Biznes consensus was for PLN 222.8 million (EUR 53 mln) net take and PLN 246.1 million (EUR 58.55 mln) operating profit.

XTB is a listed Polish fintech offering access to global financial markets via an online investment platform and mobile app.

mcb/ ao/