Multitude AG Reports 3.5% Revenue Increase and 95.2% Profit Growth in H1 2025, Adjusts 2025 Profit Guidance to EUR 24-26 Million 07:01
Multitude AG has released its financial results for the first half of 2025, reporting a 3.5% increase in revenue to EUR 133.4 million, compared to EUR 128.8 million in the same period of 2024. The company's profit for the period nearly doubled, rising by 95.2% to EUR 14.2 million from EUR 7.3 million in H1 2024. The Group's net exposure, which includes loans to customers and debt investments, increased significantly by 22.2% to EUR 852.1 million. Additionally, net fee and commission income reached EUR 4.5 million, reflecting growth in brokerage services and loan servicing. Multitude's Consumer Banking unit grew its net exposure to EUR 506.0 million, an increase of 9.3%, and improved EBT by 16.5% to EUR 17.4 million. The SME Banking unit, CapitalBox, reported a revenue increase of 7.8% to EUR 17.3 million, accompanied by a reduction in EBT loss from EUR 6.4 million to EUR 1.5 million, attributed to strengthened risk management practices. The Wholesale Banking unit expanded its operations, with segment revenue rising by 85.8% to EUR 9.6 million and EBT improving to EUR 0.4 million from a negative EUR 0.1 million. Fee income from payment solutions also contributed to this growth. Multitude AG has adjusted its 2025 guidance upward, now targeting a range of EUR 24 to 26 million, up from the previously communicated EUR 23 million. The company continues to explore growth opportunities, such as the introduction of credit cards in Germany and Buy Now, Pay Later products in Finland and Sweden. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Multitude AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2186648_en), on August 21, 2025, and is solely responsible for the information contained therein.
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