Allfunds posted Q1 net inflows of €22 billion, surpassing Jefferies' €19 billion expectation.
Net revenues reached €171 million, beating the €167 million consensus, with platform revenue €137 million and commission income €103 million.
Existing client inflows hit €21 billion versus €15 billion forecast; migration inflows fell to €1 billion, missing €4 billion estimate due to Citi onboarding delay.
Allfunds added 21 new distributors and 56 fund houses in Q1, up from 16 distributors and 15 fund houses in Q4 2025.