Freetrade
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | - | <1m | 2.0m | 15.2m | 18.8m | 16.1m |
% growth | - | - | - | 1830 % | 664 % | 23 % | (14 %) |
EBITDA | (<1m) | (1.0m) | (4.0m) | (8.0m) | (19.4m) | (42.4m) | - |
% EBITDA margin | - | - | (3876 %) | (402 %) | (128 %) | (226 %) | - |
Profit | (<1m) | (1.4m) | (4.2m) | (10.8m) | (20.5m) | (47.7m) | - |
% profit margin | - | - | (4035 %) | (540 %) | (135 %) | (254 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£35.0m Valuation: £250m 150.6x EV/LTM Revenues -37.5x EV/LTM EBITDA | Series B | ||
* | £8.5m Valuation: £650m 391.6x EV/LTM Revenues -97.5x EV/LTM EBITDA | Late VC | |
* | £30.0m | Convertible | |
* | £1.9m | Convertible | |
* | £1.9m Valuation: £225m 14.4x EV/LTM Revenues -6.4x EV/LTM EBITDA | Late VC | |
Total Funding | €121m |
Related Content
Recent News about Freetrade
EditFreetrade.io is a digital platform that facilitates commission-free investing in stocks and ETFs. It caters to a broad range of clients, from novice investors to seasoned traders, who are interested in long-term investment strategies. The platform operates in the UK, US, and European markets, offering access to over 6,000 stocks and ETFs.
Freetrade.io's business model is based on a freemium model where basic services are provided for free, while premium features are available for a fee. The company makes money through its simple pricing plans, which include a Standard plan and a Plus plan. These plans offer additional features such as fractional US shares, automated order types, advanced stock fundamentals, and a percentage on uninvested cash. The company also charges a foreign exchange fee for trading USD and EUR stocks.
The platform encourages users to invest their cash in high-yield, low-risk ETFs, and also offers the option to open an ISA with a £50 free share. However, Freetrade.io emphasizes that capital is at risk and advises users to conduct their own research before investing.
In summary, Freetrade.io is a user-friendly investment platform that offers commission-free trading and a range of investment options to cater to various investment strategies and risk appetites.
Keywords: Commission-free trading, Stocks and ETFs, Long-term investment, Freemium model, Simple pricing plans, Fractional US shares, Automated order types, Advanced stock fundamentals, High-yield, low-risk ETFs, ISA.