Financial Information

Selected group key figures

(1000€) H2/2020 H2/2019 2020 2019
Net Sales 5 262.7 6 956.9 11 069.71) 14 193.71)
EBITDA 869.8 495.8 1 053.1 2 063.1
EBITDA, % of Net Sales 16.5% 7.1% 9.5% 14.5%
Adjusted EBITDA 869.8 1 194.92) 1 053.1 2 762.22)
Adjusted EBITDA -margin, % 16.5% 17.2%2) 9.5% 19.5%2)
EBIT 655.6 273.2 603.91) 1 647.41)
EBIT -margin, % 12.5% 3.9% 5.5%1) 11.6%1)
Adjusted EBIT 655.6 972.42) 603.9 2 346.62)
Adjusted EBIT -margin, % 12.5% 14.0%2) 5.5% 16.5%2)
EBT 108.3 -514.8 -604.71) 126.61)
EBT -margin 2.1% -7.4% -5.5% 0.9%
Adjusted EBT 108.3 184.42) -604.7 893.02)
Adjusted EBT -margin 2.1% 2.7%2) -5.5% 6.3%2)
Profit for the period -153.7 -490.3 -888.01) -69.11)
Adjusted profit for the period -153.7 69.02) -880.0 544.12)
ROE neg. neg. neg. neg.
Earnings per share (EPS), issue-adjusted € -0.02 -0.07 -0.12 -0.01
Adjusted Earnings per share (EPS), issue-adjusted € -0.02 0.01 0.12 0.082)

1) Audited.

2) Adjusted with Company’s nonrecurring costs related on listing to Nasdaq’s First North Finland -marketplace and option incentives related to that on financial period 2019. Total of 0,7 million euros was booked to Personnel costs and 67,3 kEUR to financial items. Adjusted Profit for accounting period takes on account the computational taxes if the nonrecurring costs were not actualized.

3)) Personnel costs without pension and other non-wage expenses. Figure includes activated salaries.

Annual Report 2020
Remuneration Statement 2020
Corporate Governance Statement 2020

Annual Report 2019
Remuneration Statement 2019
Corporate Governance Statement 2019

Financial Statements 2018
Remuneration Statement 2018
Corporate Governance Statement 2018

Financial Statements 2017
Financial Statements 2016

Forecast 2021

The COVID-19 pandemic still impacts our business in 2021 causing uncertainty about the possible continuation of the temporary regulation and thus making it difficult to predict especially the level of growth in funding provided by our loan investors. Despite the uncertainty, we expect revenue growth compared to 2020. We also anticipate that the result for 2021 will remain slightly unprofitable because of investments in new products and growth for the upcoming years.

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.