Financial Information

Selected group key figures

(1000€) H1/2019 H1/2018 2018 2017
Net Sales 7 236,8 5 582,4 11 958,81) 8 665,71)
EBITDA 1 567,3 1 860,2 3 747,5 2 867,6
EBITDA, % of Net Sales 21,7% 33,3% 31,3% 33,1%
Adjusted EBITDA 1 567,3 1 860,2 3 922,33) 2 867,6
Adjusted EBITDA -margin, % 21,7%* 33,3% 32,8%3) 33,1%
EBIT 1 374,2 1 673,8 3 357,11) 2 493,01)
EBIT -margin, % 19,0% 30,0% 28,1%1) 28,8%1)
Adjusted EBIT 1 374,2 1 673,8 3 531,93) 2 493,0
Adjusted EBIT -margin, % 19,0% 30,0% 29,5%3) 28,8%
EBT 641,3 1 005,1 1 053,11) 1 218,21)
EBT -margin 8,9% 18,0% 8,8% 14,1%
Adjusted EBT 708,73) 1 005,1 2 168,23) 1 218,2
Adjusted EBT -margin 9,8%* 18,0% 18,1%3) 14,1%
Profit for the period 421,2 785,9 797,91) 1083,71)
Adjusted profit for the period 475,03) 785,9 1 690,03) 1083,7
ROE 5,8% 36,4% 8,5%1) 29,8%1)
Earnings per share (EPS), issue-adjusted € 0,06 0,142) 0,13 0,192)
Adjusted Earnings per share (EPS), issue-adjusted € 0,073) 0,142) 0,283) 0,192)

1)Audited

2) Key Figures per share are calculated by using a number of shares adjusted in a consequence of costless share issue (share split) for the Company’s shareholders. As a part of the arrangements related to Planned Offering, it was decided by unanimous shareholders’ decision on 7 September 2018 to organize costless share issue for the Company’s shareholders. Share issue adjustment means adjustment of number of shares in consequence of costless share issue

3)) Adjusted with Company’s nonrecurring costs related on listing to Nasdaq’s First North Finland -marketplace and option incentives related to that. Total of 67,3 thousand euros was booked as costs to financial items. Adjusted Profit for accounting period takes on account the computational taxes if the nonrecurring costs were not actualized.

Download Financial Statement 2018 here.

Download Corporate Governance Statement 2018 here.

Download Remuneration Statement 2018 here.

Download Financial Statement 2017 here.

Download Financial Statement 2016 here.

Forecast 2019

In 2019 Group net sales is expected to grow over 20% and adjusted EBIT to be lower than in year 2018.

The Company evaluates the growth potential to be good because of growth of business financing in Finland and Company’s international expansion.

Dividend policy

We aim to pay a dividend that represents at least 30% of our annual profit, but with consideration to the financial position and financing needs of the Company.

Real time statistics

We want to be transparent and provide as much information as possible. You can find our real time statistics and graphs on Statistics -page. There is for example information about loan volume, the number of borrowers or average investor returns.

Other materials

Here you can check the materials of the initial public offering.