Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues--<1m2.0m15.2m18.8m16.1m
% 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

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DateInvestorsAmountRound
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N/A

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£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

Recent News about Freetrade

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More about Freetrade
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Freetrade.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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.