EQS-News
Multitude AG reports strong start to 2025: Q1 profit up 181% to €7.2 million, capital market guidance adjusted upwards
- Q1 profit surged 181% to €7.2 million, strong growth.
- Revenue rose 4.1% to €66.8 million, loans increased.
- 2025 profit guidance upgraded to €24-26 million range.
EQS-News: Multitude AG / Key word(s): Quarter Results
Multitude AG reports strong start to 2025: Q1 profit up 181% to €7.2 million, capital market guidance adjusted upwards |
- Revenue increased by 4.1% to EUR 66.8 million
- Net profit rose significantly by 181% to EUR 7.2 million
- Acquisition of further stake in Lea Bank AB underlines partnership strategy
- On track to achieve new net profit guidance of EUR 24.0 – 26.0 million for 2025
Zug, 22 May 2025 – Multitude AG, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs (WKN: A40VJN, ISIN: CH1398992755) (“Multitude”, “Company” or “Group”), announces its quarterly figures for Q1 2025, which demonstrate a strong financial performance for all business units at the beginning of the year. The business operates through the Ferratum brand for Consumer Banking, CapitalBox for SME Banking, and Wholesale Banking through the Multitude Bank brand.
Key figures, EUR million | Q1 2025 | Q1 2024 | % change |
Revenue | 66.8 | 64.2 | +4.1 |
Interest income | 64.4 | 64.2 | +0.3 |
Net interest Income | 54.1 | 55.6 | -2.7 |
Fee and commission income | 2.4 | - | - |
Profit for the period | 7.2 | 2.6 | +180.6 |
Improvements in portfolio quality drive higher profitability