Interim report second quarter 2013The Board of TrustBuddy International AB (publ.), listed on NASDAQ OMX First North, leaving the following quarterly report for January-June 2013
TrustBuddy International AB
Second quarter, April - June 2013
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Net revenues amounted to SEK 21,4 (9,5) million
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Operating earnings before depreciation, EBITDA, amounted to SEK -0,1 (1,3) million
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Operating earnings, EBIT, amounted to SEK -0,7 (0,9) million
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Earnings after tax amounted to SEK -1,1 (1,0) million
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Cash flow from operating activities after changes in working capital amounted to SEK -0,8 (4,6) million
(Figures in brackets refer to the corresponding period last year)
The entire report period, January - June 2013
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Net revenues amounted to SEK 40,0 (13,4) million
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Operating earnings before depreciation, EBITDA, amounted to SEK 1,7 (2,0) million
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Operating earnings, EBIT, amounted to SEK 0,4 (1,3) million
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Earnings after tax amounted to SEK -0,4 (1,3) million
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Cash flow from operating activities after changes in working capital amounted to SEK 0,1 (4,3) million
(Figures in brackets refer to the corresponding period last year)
Recalculation of previous periods
In this report, figures for previous periods have been restated. See also page 6 section Adjustment of accounts for previous periods and page 13 Recalculation bridges. This means that the comparative figures derived from the consolidated financial statements have been restated.
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TrustBuddy AB – Summary of the operating subsidiary
The operating activities of TrustBuddy International AB are conducted through it´s subsidiary TrustBuddy AB org. No. 556794-5083 from offices in Stockholm and with support functions in each market and country. Figures reported below, refers only to TrustBuddy AB.
Second quarter, April - June 2013
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Net revenues amounted to SEK 21,6 (9,5) million
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Earnings, EBITDA, amounted to SEK 4,4 (1,9) million
The entire report period, January - June 2013
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Net revenues amounted to SEK 40,1 (13,5) million
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Earnings, EBITDA, amounted to SEK 8,1 (3,2) million
Volume and number
Second quarter, April - June 2013
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Total number of loans: 37 768 units ( +17,5% compared to the previous quarter)
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Total amount lent : SEK 138 Mkr ( +14,5% compared to the previous quarter)
The entire report period, January - June 2013
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Total number of loans: 69 907 st ( +207% compared to the previous year)
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Total amount lent : SEK 258,6 Mkr ( +181% compared to the previous year)
This report is a translation and an abstract.
For the full quarterly report for the period, please refer to the Swedish version.
Interim report, second quarter 2013, attached as PDF-file
For additional information, please contact:
Jens Glasø, CEO, TrustBuddy International AB (publ)
+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.
Mangold Fondkommission AB is TrustBuddy International AB (publ):s Certified Adviser and market maker, contact number: +46 8-503 015 50.
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