Multitude Ag · XETR:MULT

Multitude — Investor Presentation (November 2023)

20 slides from Multitude's investor presentation, November 2023

  1. Slide 1: FE-Classification: General\Anyone

    FE-Classification: General\Anyone

  2. Slide 2: FE-Classification: General\Anyone

    FE-Classification: General\Anyone

  3. Slide 3: FE-Classification: General\Anyone

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  4. Slide 4: Revenue and EBIT% 2011 to 9M 2023

    300 293 20% Revenue* EBIT% 262 19% 19% 250 230 18% 222 222 214 17% 200 176 16% 154 16% 150 15% 15% 15% 14% 14% 14% 14% 111 14% 14% 100 13% 71 13% 13% 12% 58 49 12% 50 34 11% 10% 0 10% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 9M 2023 FE-Classification: General\Anyone

  5. Slide 5: FE-Classification: General\Anyone

    FE-Classification: General\Anyone

  6. Slide 6: FE-Classification: General\Anyone

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  7. Slide 7: FE-Classification: General\Anyone

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  8. Slide 8: FE-Classification: General\Anyone

    FE-Classification: General\Anyone

  9. Slide 9: Commitment to sustainable finance, open banking

    Commitment to Embracing open sustainable finance banking Digitalisation in Promoting financial daily use inclusion Prioritizing customer Leveraging AI and experience over products machine learning FE-Classification: General\Anyone

  10. Slide 10: Total Addressable Market; Full Potential For The Products and Markets of The Future

    *Total Addressable Market; Full Potential For The Products and Markets of The Future FE-Classification: General\Anyone

  11. Slide 11: FE-Classification: General\Anyone

    • • • • • • • • • FE-Classification: General\Anyone

  12. Slide 12: Loans to customers and bank investments

    Western Rest CapitalBox Europe 3% 700 16% 10% Eastern Europe 600 32% 43.2 28.6 500 Ferratum SweepBank 56% 28% 400 Northern Europe 55% 300 548.2 509.5 451.7 • 200 386.2 320.5 365.4 • 257.4 100 • • 0 2017 2018 2019 2020 2021 2022 9M 2023 Loans to customers Bank investments FE-Classification: General\A

  13. Slide 13: Personnel and operating expenses

    EURm 120 50 43.8 43.9 45 100 40 98.1 33.9 33.9 92.2 82.9 35 33.0 33.2 80 78.5 76.8 80.3 30 71.3 60 67.5 25 63.1 20 40 15 10 20 5 0 0 2018 2019 2020 2021 2022 LTM 2023 2018 2019 2020 2021 2022 LTM 2023 Personnel expense Operating expenses Directly attributable acquisition cost* • • • • • • Note(s): *

  14. Slide 14: Absolute and relative loss LTM 2023

    120 35% 105.7 29.37% 30% 27.61% 100 92.9 27.37% 88.5 25.74% 82.3 25% 78.7 80 71.9 20% 60 16.20% 15.45% 14.99% 15% 40 10% 20 5% 0 0% 2018 2019 2020 2021 2022 LTM 2023 2017 2018 2019 2020 2021 2022 LTM 2023 Absolute loss Relative loss • • • • FE-Classification: General\Anyone

  15. Slide 15: Focus on deposits as most cost-efficient source of funding

    • Focus on deposits as most • Current funding mix will • Long-term focus • Profit will remain main source cost-efficient source of be maintained to manage of equity funding sourcing risks during • Organisational transformation periods of elevated completed: • Supplemented by non-dilutive • Capital m

  16. Slide 16: Deposits and capital market debt

    10 8.62 8.02 8 6 5.25 4 2 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 9M/23 deposits capital market debt • • • • • Note(s): *Excluding perpetual bond FE-Classification: General\Anyone

  17. Slide 17: FE-Classification: General\Anyone

    • • • • • • • • • 548.2 • 509.5 512.1 520.8 492.9 FE-Classification: General\Anyone

  18. Slide 18: FE-Classification: General\Anyone

    FE-Classification: General\Anyone

  19. Slide 19: FE-Classification: General\Anyone

    • • • • • FE-Classification: General\Anyone

  20. Slide 20: FE-Classification: General\Anyone

    FE-Classification: General\Anyone

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