DGAP-News

4finance report on preliminary FY 2016 results

DGAP-News: 4finance S.A. / Key word(s): Preliminary Results 4finance report on preliminary FY 2016 results 28.02.2017 / 20:44 The issuer is solely responsible for the content of this announcement. 4FINANCE REPORTS RESULTS FOR THE TWELVE MONTHS ENDING 31 DECEMBER 2016

REVENUE UP 24%, NET PROFIT EUR 63.2 MILLION, SHOWING CONTINUED PROFITABLE GROWTH

28 February 2017. 4finance Holding S.A. (the 'Group'), Europe's largest online and mobile consumer lending group, today announces unaudited consolidated results for the twelve months ending 31 December 2016 (the 'Period').

Financial Highlights

- Revenue up 24% to EUR 393.2 million in the Period compared with EUR 318.3 million in the prior year period.

- Adjusted EBITDA was EUR 137.4 million for the Period, up 15%, leading to an adjusted interest coverage ratio of 3.6x.

- The Group's profit from continuing operations for the twelve months to 31 December 2016 was EUR 63.2 million, an increase of 9% from EUR 58.2 million in 2015.

- Net loan portfolio reached EUR 493.9 million as of 31 December 2016, up 60% during the year.

- Cost to revenue ratio for the Period was 48%, vs. 42% for the twelve months to 31 December 2015, reflecting a significant increase in staff numbers during the year, acquisitions and investment for future growth.

- Financial strength remains solid with a capital to assets ratio of 25% as of 31 December 2016 and a capital to net loans ratio of 47%.

- Credit discipline maintained, with a non-performing loans to online loan issuance ratio of 9.3% as of 31 December 2016, within the expected range, and stable asset quality within banking portfolios.

Operational Highlights

- The number of registered online lending customers reached 6.3 million as of 31 December 2016, up 36% from a year ago, with a further 1.4 million registered banking customers added through TBI Bank.