Published: 2014-11-20 08:40:00 CET
TrustBuddy AB
Interim information

TrustBuddy: Interim report third quarter 2014

The Board of TrustBuddy International AB (publ.), listed on NASDAQ First North, leaving the following quarterly report for July-September 2014

TrustBuddy International AB

Third quarter, July - September 2014

  • Net revenues amounted to SEK 30,3 (21,2) million, 43% increase
  • Operating earnings before depreciation, EBITDA, amounted to SEK -5,0 (-1,9) million
  • Operating earnings, EBIT, amounted to SEK -6,2 (-2,6) million
  • Earnings after tax amounted to SEK -6,3 (-1,8) million
  • Cash flow from operating activities after changes in working capital amounted to SEK -14,9 (-3,3) million

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

The entire report period, January-September 2014

  • Net revenues amounted to SEK 86,7 (61,2) million, 42% increase
  • Operating earnings before depreciation, EBITDA, amounted to SEK -8,0 (-0,2) million
  • Operating earnings, EBIT, amounted to SEK -11,2 (-2,2) million
  • Earnings after tax amounted to SEK -11,1 (-2,2) million
  • Cash flow from operating activities after changes in working capital amounted to SEK -107,5 (-3,2) million

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

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.

Third quarter, July - September 2014

  • Net revenues amounted to SEK 30,3 (21,2) million (43% increase)
  • Earnings, EBITDA, amounted to SEK -3,1 (-1,0) million

The entire report period, January - September 2014 

  • Net revenues amounted to SEK 86,7 (61,2) million (42% increase)
  • Earnings, EBITDA, amounted to SEK -3,3 (7,1) million

Volume and numbers

Third quarter, July - September 2014

  • Total number of loans: 57 559 (+36,5% compared to the previous quarter)
  • Total amount lent : SEK 196 Mkr (+47,2% compared to the previous quarter) 

The entire report period, January - September 2014

  • Total number of loans: 185 640 (+53,1% compared to the previous year)
  • Total amount lent : SEK 589 (+54,4% compared to the previous year)

 

This report and the attached pdf file is a translation and an abstract.
For the full quarterly report for the period, please refer to the Swedish version.

For more 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 First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy International AB (publ)'s Certified Adviser, phone number: +46 8 463 80 00.


Kvartalsrapport_Q3_2014_eng.pdf