Slide 1: 9M Results 2019
ferratum 9M Results 2019 IFRS unaudited financial results for the first 9 months ended 30 September 2019 14 November 2019
Slide 2: Forward-looking statements disclaimer
This presentation contains, or may be deemed to identify forward-looking statements. contain, forward-looking statements. These By their nature, forward-looking statements involve statements relate to future events or future financial risks and uncertainties because they relate to events Nothing in
Slide 3: Highlights & Overview
ferratum Highlights & Overview
Slide 4: Fast, easy & digital financial solutions
Years of profitable Countries growth Consumer Business Mobile Bank Loans loans (incl. PrimeLoan) 90% of revenues 9% of revenues 1% of revenues Founded EU Banking Frankfurt Fast, easy & Helsinki 2005 Licence Prime Standard digital financial solutions ▪ Reiteration of EBIT guidance for 2019 > EUR 45m
Slide 5: EBIT of EUR 13m and margin of 17.9%
EBIT of EUR 13m and margin of 17.9% Management focus and key priorities in 2019 Highlights EBIT guidance > EUR 45m • 9M 2019 EBIT up by +32% to EUR 33.5 million - in line with our EBIT guidance for 2019 In 2019, management focus on profitability – record EBIT and • In Q3 2019, EBIT increased y-o-y b
Slide 6: Credit Limit and SME representing together 64% of group revenue
Credit Limit and SME representing together 64% of group revenue – up by 5PP compared to 9M 2018 Average Average Revenue 9M Revenues by Active Products Loan Comments Loan Value Share Product (€,000) Markets Term Primeloan 2018 840 (incl. Mobile Bank) +208% y-o-y • Primeloan in the ramp-up phase with
Slide 7: Initial experiences
Initial experiences • Consolidation in market taking place • Increased application volume (130 %) in September and in October (166%) • Increased number of approved and paid out applications in September (+25%) and October (+38%) • Increased Credit Limit maximum amounts to EUR 4,000 per customer • Un
Slide 8: Serving underbanked small businesses in Europe
Serving underbanked small businesses in Europe Our business activities with financial and lending solutions: Fast, easy, digital and anytime access to financial services Establishing a European FinTech player serving Our vision small businesses with funding solutions ▪ EUR 400bn European wide fundin
Slide 9: Business lending revenue performance
Revenue performance (EUR) 25 21.0 +60% +205% 20 Business lending: established in 2016 15 13.1 Seven markets FI, SE, DK, NL, UK, CZ, LT 10 4.3 Loan Amount + EUR 2K - 250K (Avg. c. EUR 13K); 6– 5 Terms 24 months (Avg. c. 15) 0 2016 2017 2018 20.2 Average Time in Average no Average Annual 20 69% Busine
Slide 10: Financial Highlights
ferratum Financial: Highlights ferratum
Slide 11: 9M 2019 income statement and revenue growth
EUR, 000 9M 2019 9M 2018* % Change ▪ Revenue growth at 14.7%, main growth drivers Credit Limit and Business Lending Revenue 218,086 190,194 +14.7% ▪ Solid profit growth driven by scale effects and cost discipline: Impairment of loans (78,945) (65,400) +20.7% EBIT +31.8 %, EBT +43.7% y-o-y Personnel
Slide 12: Quarterly development of revenue and costs
EUR million Q3 18 Q4 18 Q1 19 Q2 19 Q3 19 ▪ Between Q1 2019 and Q3 2019 revenue has been nearly stable while EBIT has improved substantially Revenue 66.0 72.0 73.2 72.4 72.5 ▪ Scoring and risk appetite has been tightened: Impairments on loans 23.2 23.1 28.7 25.7 24.6 • Temporarily decelerated new on
Slide 13: Results by product
▪ Decreasing overall Microloan PlusLoan Credit Limit SME Mobile Bank*** Total EUR ,000 impairment ratios since Q1 9M 2019 9M 2018* 9M 2019 9M 2018* 9M 2019 9M 2018* 9M 2019 9M 2018* 9M 2019 9M 2018* 9M 2019 9M 2018* 2019 Revenue 28,143 31,538 48,593 47,757 118,603 94,519 20,160 15,540 2,586 840 218,
Slide 14: Balance sheet and bond written procedure
30 Sep 31 Dec 14 EUR ‘000 30 Sep 2019 31 Dec 2018 % Change EUR ‘000 % Change 2019 2018 Assets Equity and liabilities Non-current assets 56,709 53,714 +5.6% Equity 121,092 107,380 +12.8% Accounts receivable – customer 365,152 320,538 +13.9% Non-current liabilities 174,361 138,276 +26.1% loans (net) O
Slide 15: Funding structure and deposits
10 €25M €100M 9 €100M €80M 8 €40M €40M 7 6 €20M €32.6M 5 €183.4M €205.4M 4 3 2 1 0 2015 2016 2017 2018 9M 2019 Ferratum Capital Germany 4.875% 2019 Nordea Credit Line (of which (repaid in June 2019) no limit used at 30 September 2019) Ferratum Bank 6.25% + 3m Euribor 2020 Deposits Ferratum Capital G
Slide 16: Shareholder structure
Jorma Jokela Universal Investment Gesellschaft mbH Ferratum Oyj* Dorval AM 31.52% Total Free Float** Other shareholders 55.05% 7.67% 5.09% 0.67%* All information of shareholders holding based on the latest shareholder notifications received * Treasury shares held by Ferratum Oyj (no voting right and
Slide 17: Summary
ferratum Summary
Slide 18: EBIT guidance and mid-term aspiration
Mid-term aspiration Guidance EBIT to exceed EBIT to exceed EUR 100 million EUR 45 million EBIT MEUR 100 45 38 32 21 16 11 2014 2015 2016 2017 2018 2019 Mid-term aspiration 18 FE-Classification: General\Anyone
Slide 19: Contacts and financial calendar
Date Financial Calendar Events Bernd Egger Emmi Kavander 25-26 Nov 2019 German Equity Forum, Frankfurt Chief Financial Officer Head of Group Communications and Telephone: + 49 173 1235 Investor Relations e-Mail: bernd.egger(at)ferratum.com Telephone: +41 (0) 79 9406315 e-Mail: emmi.kavander (at) fer