Published: 2012-08-30 09:05:13 CEST
TrustBuddy AB
Interim information

Interim report Q2, 2012 - TrustBuddy International AB

The Board of TrustBuddy International AB (publ.), listed on NASDAQ OMX First North, leaving the following quarterly report for April-June 2012

Summary Januari – June 2012

Second quarter, April-June 2012

  • Net revenues amounted to SEK 9,5 (0.1) million
  • Operating earnings before depreciation amounted to SEK 1.3 (-2,3) million
  • Operating earnings amounted to SEK -1.2 (-1.4) million
  • Earnings after tax amounted to SEK -1.1 (-0.7) million
  • Cash flow from operating activities after changes in working capital  amounted to SEK 3.3 (0.4) million

(TrustBuddy International AB took over 360 Holding AB on 30 June 2011 through a reverse merger. Comparative figures show 360 H with the exception of the balance sheet as of 2011-06-30.)

The entire report period, January-June 2012

  • Net revenues amounted to SEK 13,4 (0.1) million
  • Operating earnings before depreciation amounted to SEK 2.0 (-5.4) million
  • Operating earnings amounted to SEK -3.0 (-5.4) million
  • Earnings after tax amounted to SEK -2.9 (-4.7) million
  • Cash flow from operating activities after changes in working capital amounted to SEK 3.6 (0.3) million

(TrustBuddy International AB took over 360 Holding AB on 30 June 2011 through a reverse merger. Comparative figures show 360 H with the exception of the balance sheet as of 2011-06-30.)

 

Summary of the operating subsidiary TrustBuddy AB

The operating activities of TrustBuddy International AB is conducted through it´s subsidiary TrustBuddy AB org. No. 556794-5083 from offices in Stockholm. Figures reported below, refers only to the operating operational activity in TrustBuddy AB.

Earnings for the period

  • April 1 to June 30, earnings amounted to SEK 1.7 (-0.9) million
  • January 1 to June 30, earnings amounted to SEK 2.8 (-1.8) million

Net sales for the period

  • 1 April to 30 June, net sales amounted to SEK 9,5 (1.0) million
  • 1 January to 30 June, net sales amounted to SEK 13,5 (1.5) million

Volume and number

  • Total number of loans in the second quarter: 13,637 units (+35.9% compared to the previous quarter)
  • Total amount lent in the second quarter: 57.6 million (+66.8% compared to the previous quarter)

 

Report in English attached as PDF file  

For additional information: 
Jens Glasø, VD TrustBuddy International AB  
Tel +47 40 40 47 50  

investorcare@trustbuddy.com
http://trustbuddy.com/
http://trustbuddyinternational.com/

About Trustbuddy International AB (publ) 
Trustbuddy International AB (publ) is one of the first in the world to focus on arranging loans and capital provision between buddies in Scandinavia in an organised manner. The company is listed at NASDAQ OMX First North in Stockholm.

Certified Adviser
Mangold Fondkommission AB is Trustbuddy International AB (publ):s Certified Adviser and market maker, contact number: +46 8-503 015 50.


Kvartalsrapport_Q2_2012_eng.pdf