Nordnet, a publicly owned French telecommunications company founded in 1995, provides internet services. As of 2023, it employs approximately 170 people and generates annual revenues below $100 million. Nordnet is a subsidiary of the Orange Group.
In March, customers had net savings of SEK 9.1 billion, a 59.6 percent increase from February's SEK 5.7 billion and a 35.8 percent increase compared to March 2024. During March, customers made 5,735,800 trades in listed financial instruments, averaging 273,200 trades per day. The month also saw 20,600 new customers. The annual customer growth rate was 13.9 percent, adjusted for the October 1, 2024 divestment of the unsecured lending portfolio to Ikano Bank.
Nordnet offers 2 products in the media and telecoms services industry. Nordnet's product portfolio comprises of pay TV services and telecoms.
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Nordnet's revenues were $60.3M in 2023. Caretta Research has split Nordnet's revenue into 2 different product categories, the largest of which is consumer broadband, which represents 67% of Nordnet's revenue.
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