Interim report third quarter 2013

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| Source: TrustBuddy International AB
multilang-release

The Board of TrustBuddy International AB (publ.), listed on NASDAQ OMX First North, leaving the following quarterly report for July-September 2013

TrustBuddy International AB

Third quarter, July - September 2013

  • Net revenues amounted to SEK 21,2 (910,3) million
  • Operating earnings before depreciation, EBITDA, amounted
    to SEK -1,9 (2,8) million
  • Operating earnings, EBIT, amounted to SEK -2,6 (2,4) million
  • Earnings after tax amounted to SEK -1,8 (2,5) million
  • Cash flow from operating activities after changes in
    working capital amounted to SEK -3,3 (9,3) million

(Figures in brackets refer to the corresponding period last year)

The entire report period, January - September 2013Net revenues amounted to SEK 61,3 (23,7) million

  • Operating earnings before depreciation, EBITDA, amounted
    to SEK -0,2 (4,8) million
  • Operating earnings, EBIT, amounted to SEK -2,2 (3,7) million
  • Earnings after tax amounted to SEK -2,2 (3,9) million
  • Cash flow from operating activities after changes in
    working capital amounted to SEK -3,2 (13,6) million

(Figures in brackets refer to the corresponding period last year)

 

Recalculation of previous periods

In this report, figures for previous periods have been restated. See also page 6 section Adjustment of accounts for previous periods and page 13 Recalculation bridges.

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TrustBuddy AB
Summary of the operating subsidiary

The operating activities of TrustBuddy International AB are conducted through it´s subsidiary TrustBuddy AB org. No. 556794-5083 from offices in Stockholm and with support functions in each market and country. Figures reported below, refers only to TrustBuddy AB.

Third quarter, July - September 2013

  • Net revenues amounted to SEK 21,2 (10,3) million
  • Earnings, EBITDA, amounted to SEK -1,0 (3,2) million

The entire report period, January - September 2013

  • Net revenues amounted to SEK 61,3 (23,7) million
  • Earnings, EBITDA, amounted to SEK 7,1 (6,4) million

Volume and number

Third quarter, July - September 2013

  • Total number of loans: 46 766 units (+23,8% compared to the previous quarter)
  • Total amount lent : SEK 136,3 Mkr (-1,2% compared to the previous quarter)

The entire report period, January - September 2013

  • Total number of loans: 116 673 units ( +283% compared to the previous year)
  • Total amount lent : SEK 394,9 Mkr ( +237% compared to the previous year)

 

This report is a translation and an abstract.
For the full quarterly report for the period, please refer to the Swedish version.

Interim report, third quarter 2013, attached as PDF-file

 

For additional information, please contact:
Jens Glasø, CEO, TrustBuddy International AB (publ)
+47 40 40 47 50

investorcare@trustbuddy.com
http://trustbuddy.com/
http://trustbuddyinternational.com/

About TrustBuddy International AB (publ)

TrustBuddy International AB (publ) is one of the first in the world to focus on arranging loans and capital provision between buddies in Scandinavia in an organised manner. The company is listed at NASDAQ OMX First North in Stockholm.

Mangold Fondkommission AB is TrustBuddy International AB (publ):s Certified Adviser and market maker, contact number: +46 8-503 015 50.