TrustBuddy International AB
Second quarter, April - June 2014
- Net revenues amounted to SEK 28,3 (21,4) million, 32% increase
- Operating earnings before depreciation, EBITDA, amounted to SEK -2,5 (-0,1) million
- Operating earnings, EBIT, amounted to SEK -3,6 (-0,7) million
- Earnings after tax amounted to SEK -3,5 (-1,1) million
- Cash flow from operating activities after changes in working capital amounted to SEK -12,7 (-0,8) million
The entire report period, January - June 2014
- Net revenues amounted to SEK 56,4 (40,0) million, 41% increase
- Operating earnings before depreciation, EBITDA, amounted to SEK -3,0 (1,7) million
- Operating earnings, EBIT, amounted to SEK -5,0 (0,4) million
- Earnings after tax amounted to SEK -0,4 (1,3) million
- Cash flow from operating activities after changes in working capital amounted to SEK -92,6 (0,1) million
(Figures in brackets refer to the corresponding period last year)
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 including affiliates.
Second quarter, April - June 2014
- Net revenues amounted to SEK 28,3 (21,6) million (31% increase)
- Earnings, EBITDA, amounted to SEK -1,0 (4,4) million
The entire report period, January - June 2014
- Net revenues amounted to SEK 56,4 (40,1) million (41% increase)
- Earnings, EBITDA, amounted to SEK -0,2 (8,1) million
Volume and numbers
Second quarter, April - June 2014
- Total number of loans: 66 980 (+77% compared to prev. quarter)
- Total amount lent : SEK 207 Mkr (+50% compared to prev. quarter)
The entire report period, January - June 2014
- Total number of loans: 127 468 (+82% compared to prev. year)
- Total amount lent : SEK 396,7 (+53% compared to prev. year)
This report is a translation and an abstract.
For the full quarterly report for the period, please refer to the Swedish version.
For more information please contact:
Jens Glasø, CEO, TrustBuddy International AB (publ)
+47 40 40 47 50,
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. Erik Penser Bankaktiebolag is TrustBuddy International AB (publ)'s Certified Adviser, phone number: +46 8 463 80 00.
