11Mon·

$XTP (+1.31%) I assume that Trade Republic is valued at 10 billion. This means that Sino's 2.3% stake in Trade Republic would be worth 230 million - 3x safe?

7 Comments

Dennis@GordonGekko83

11Mon

How did you arrive at the valuation of 10 billion? Diced?!

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M47@Jiyanask

11Mon

@GordonGekko83 He asked Mr. Dax and analyzed it down to the footnote

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Joe M.@Lifecycle_investing

11Mon

@GordonGekko83 TR was valued at 5 billion in 2022, while N24 reached a valuation of 7.3 billion in the same year. Given its growth and the introduction of products such as credit cards and possibly a current account, TR could become a one-stop shop for financial matters.

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