Published: 2015-08-19 08:30:00 CEST
TrustBuddy AB
Interim information

TrustBuddy: Interim report second quarter 2015

The Board of TrustBuddy AB (publ.), listed on NASDAQ First North, leaving the following interim report for January-June 2015

TrustBuddy AB (publ.)

Second quarter in summary, April-June 2015

  • Net revenue amounted to SEK 21.9 million
  • Operating result before depreciation, EBITDA, 
    amounted to SEK -11.3 million
  • Operating result, EBIT, amounted to SEK -15.7 million
  • Profit after tax amounted to SEK -16.3 million
  • Cash flow from operating activities amounted 
    to SEK 18.1 million

The entire period in summary January-June 2015

  • Net revenue amounted to SEK 48.7 million
  • Operating result before depreciation, EBITDA, 
    amounted to SEK -27.1 million
  • Operating result, EBIT, amounted to SEK -35.3 million
  • Profit after tax amounted to SEK -36.2 million
  • Cash flow from operating activities amounted
    to SEK -2.0 million

TrustBuddy is one of Europe’s leading providers of P2P, peer-to-peer lending  

TrustBuddy provides consumer and business loans under two brands, TrustBuddy and Geldvoorelkaar, in northern Europe.

The operational activities in TrustBuddy is conducted by TrustBuddy AB corp. No. 556794-5083 from offices in Stockholm and with support functions for each market and country.

Geldvoorelkaar (Business loans)

www.geldvoorelkaar.nl 

Geldvoorrelkaar is TrustBuddys brand for business loans in the Netherlands, and the numbers show the lending volume (EUR) and number of loans issued for the specified period below. Consolidation of accounts is from 17th December 2014.

Business loans - Volume and numbers 

Second quarter, April-June 2015

  • Total loans: 59 st (+11.3% for the period comp. prev. year)
  • Total amount loans: EUR 6.6 m (+12.9% for the period comp. prev. year)

Entire period, January-June 2015

  • Total loans: 140 st (+2.9% for the period comp. prev. year)
  • Total amount loans: EUR 14.3 m (+15.2% for the period comp. prev. year)
  • Total amount loans since start: EUR 63.5 m

TrustBuddy (Consumer loans)

www.trustbuddy.com

TrustBuddy is TrustBuddy AB’s brand to the consumer market in the Nordics and the numbers show the lending volume (SEK) and the number of loans issued during the specified period.

Consumer loans - Volume and numbers 

Second quarter, April-June 2015

  • Total loans: 45,031 st (-18.5% for the period comp. prev. year)
  • Total amount loans: SEK 181.4 m (-12.0% for the period comp. prev. year)

Entire period, January-June 2015

  • Total loans: 98,200 st (-6.9% for the period comp. prev. year)
  • Total amount loans: SEK 413.5 m (+5.7% for the period comp. prev. 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:

Linus Lönnroth, CEO, TrustBuddy AB (publ)

investorcare@trustbuddy.com

http://trustbuddy.com/

http://investor.trustbuddy.com/

http://www.geldvoorelkaar.nl 

 

About TrustBuddy AB (publ)

TrustBuddy is a leading diversified peer-to-peer group that operates in Northern Europe. The Group operates under two different brand names (Geldvoorelkaar and TrustBuddy). The group offers peer-to-peer financing for small and mid-sized companies and consumer loans.

The company is listed at Nasdaq First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy AB (publ)'s Certified Adviser and market maker, phone number: +46-8-463 80 00.


Delarsrapport_Q2_2015_ENG.pdf