Raport

PRESIDENT’S LETTER
President’s letter
Dear Sirs and Madams!
On behalf of Management Board of XTB S.A. I present
the 2021 report. This document is the summary of the
XTB Capital Group’s operations over the past year,
including generated financial results and the most
relevant events.
An important factor of success of XTB is the skilful use
of changes in the economic and market environment,
not only in the category of maximizing profit, but also
consistently strengthening the brand and competitive
position of the company. One of the XTB’s priorities is
to focus on the client by providing him with the best
investment offer – both in terms of instruments, tools
and services.
Once again we have proved that we are a reliable,
stable and responsible partner for our clients and
contractors.
The year 2021 was for XTB a period of dynamic
business development, entering new markets and
building a customer base. As a result, the Group
acquired a record 189 thousand new clients compared
to 112 thousand a year earlier (an increase of 69% y/y).
The intention of Management Board for 2022 is to
further increase the client base.
In 2021, we were distinguished by our own
breakthrough investment technology and its
continuous development. We also continuously
developed our xStation trading platform.
The financial results of the XTB Group developed in the
past year confirm the stable and well-established
position of XTB on the international market.
Consolidated operating revenues and net profit
amounted to PLN 625,6 million and PLN 237,8 million.
XTB with its strong market position and dynamically
growing client base builds its presence in the non-
European markets, consequently implementing
a strategy on building a global brand. The XTB
Management Board puts the main emphasis on
organic development, on the one hand increasing the
penetration of European markets, on the other hand
successively building its presence in Latin America,
Asia and Africa.
The good results obtained every year are the result of
our proper development strategy, flexibility and, above
all, the commitment of our employees.
Looking forward, I’m sure that XTB Group is strong and
well prepared to face challenges of competitive
market.
On behalf of the Management Board, I would like to
thank our Shareholders, the Supervisory Board and
Employees for their commitment and work to build the
value of the XTB Capital Group. I hope that the next
years will bring further development of the activity
carried out by XTB S.A., confirmed not only by the
growing number of new clients, but also by the growing
offer of products and services as well as the
simultaneous ability to generate value.
Thank you for your trust in us in 2021. I encourage you
to read the annual report attached.
Yours sincerely,
Omar Arnaout
President of the Management Board