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Published: 2014-02-27 11:30:00 CET
TrustBuddy AB
Interim information

TRUSTBUDDY: Year End Report 2013

The Board of TrustBuddy International AB (publ.), listed on NASDAQ OMX First North, leaving the following quarterly report for October-December 2013

TrustBuddy International AB

Fourth quarter, October - December 2013

  • Net revenues amounted to SEK 19,7 (14,7) million
  • Operating earnings before depreciation, EBITDA, amounted
    to SEK -2,3 (0,8) million
  • Operating earnings, EBIT, amounted to SEK -3,0 (0,2) million
  • Earnings after tax amounted to SEK -3,2 (-6,1) million
  • Cash flow from operating activities after changes in working
    capital amounted to SEK 96,4 (-4,9) million

(Figures in brackets refer to the corresponding period last year)

The entire report period, January - December 2013

  • Net revenues amounted to SEK 80,9 (38,4) million, increase of 110.7%
  • Operating earnings before depreciation, EBITDA, amounted
    to SEK -2,5 (5,6) million
  • Operating earnings, EBIT, amounted to SEK -5,2 (3,9) million
  • Earnings after tax amounted to SEK -5,4 (-2,2) million
  • Cash flow from operating activities after changes in working
    capital amounted to SEK 93,2 (8,7) 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 in the attached year-end report, page 6 section Adjustment of accounts for previous periods and page 14 Recalculation bridges.

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 including affiliates.

Fourth quarter, October - December 2013

  • Net revenues amounted to SEK 19,7 (14,7) million, increase of 36.1%
  • Earnings, EBITDA, amounted to SEK -5,7 (2,2) million

The entire report period, January - December 2013 

  • Net revenues amounted to SEK 80,9 (38,4) million, increase of 111,7%
  • Earnings, EBITDA, amounted to SEK 2,7 (8,6) million

Volume and number

Fourth quarter, October - December 2013

  • Total number of loans: 46 368 st  (+84,7% compared to corresponding period, prev year)
  • Total amount lent : SEK 132,9 Mkr (+41,4% compared to corresponding period, prev year) 

The entire report period, January - December 2013

  • Total number of loans: 163 041 st (+146% compared to the previous year)
  • Total amount lent : SEK 527,8 Mkr (+103% compared to the previous year) 

 

For further 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 the first P2P Lending company in the world to go public (on NASDAQ FIRST NORTH in 2011), and is currently the largest P2P Lending company in the world by loan numbers and customer growth. The company is continuously expanding, and is present throughout Scandinavia and in other selected countries in Europe. The company is listed at NASDAQ OMX First North in Stockholm with the ticker code TBDY. Mangold Fondkommission AB is TrustBuddy International AB (publ)’s Certified Adviser and market maker, contact number: +46 8-503 015 50.


Kvartalsrapport_Q4_2013_ENG.pdf