Slide 1: 9M 2021
9M 2021 18.11.2021 We want to build most valued financial ecosystem democratizing amazing financial services through digitalization making them easy, fast and green. Where customer experience, technology and data is in the middle of everything. FE-Classification: General\Anyone FE-Classification: Ge
Slide 2: SweepBank, Ferratum and CapitalBox
SWEEPBANK FERRATUM Digital financial solutions for online Serves consumers with unplanned financial shoppers and consumers with planned need because of unexpected life events. financial needs. We offer digital credit limit and small loans We offer flexible digital instalment loans, up to € 4.000, fa
Slide 3: Highlights and Going Forward
HIGHLIGHTS • Portfolio growth with costs scalability • Strong liquidity and payment behaviour despite Covid -19 pandemic • Successful SweepBank App launch in Finland • Strong profitability in Ferratum Tribe GOING FORWARD • Executed new group strategy vision: “Most valued financial ecosystem.” • Expl
Slide 4: SweepBank Highlights and Going Forward
HIGHLIGHTS • SweepBank App successful commercial launch in Finland − Featured in the top app list at Google Play FI and 4th place among financial apps in Apple store FI − App conversion rate above market • Portfolio growth Q3 vs Q2 − Sweep App customers +90% − Net AR prime loans +25% GOING FORWARD •
Slide 5: SweepBank milestones
10’000 SweepBank App customers and 10’000 Prime Loan customer Prime Loan revenues + 92% Volume + 98% Conversion rate app passes market average and SweepBank App the top app in Google plan and App Store EUR Latvia app soft Merge of New brand name App launch launch Prime Loan SweepBank in Finland & Wa
Slide 6: Ferratum Highlights and Going Forward
HIGHLIGHTS • Third consecutive quarter in a row of positive revenue growth • Credit Limit launch in Romania • Cost by new customer (CPN) reduced by more than 15% in last 6 months GOING FORWARD • Go-live in Slovenia: Pioneer as the first fully digital lender in the country • Proceed with Credit Limit
Slide 7: Net AR in EUR
Net AR in EUR Launch and scaling Launch of Credit Limit and rollout installment loans to 8 countries CLP rollout continues FE-Classification: General\Anyone
Slide 8: CapitalBox Highlights and Going Forward
HIGHLIGHTS • New product offering, performing over target • Discontinued business in the UK • Portfolio shift to non-covid affected business • Signed sponsors deal with Athletes in Sweden and Finland. Olympics gold medals for Armand "Mondo" Duplantis and Daniel Ståhl • New Tribe CEO, Oscar Barkman,
Slide 9: CapitalBox milestones
New Tribe CEO, Oscar Barkman Intensive focus on increasing Signed sponsorship automation across deal with Olympic gold EUR the business medal athletes Acquired Increased max loan Spotcap amount to 350K and Netherlands terms to 36 months Increased max loan amount to 250K and terms to 24 months Launch
Slide 10: Our ESG approach is built on our purpose and mission
OUR ESG APPROACH IS BUILT ON OUR PURPOSE AND MISSION OUR PURPOSE OUR ESG APPROACH Change the world by making banking and Building on our purpose and mission, OUR ESG GOALS SWEEPBANK finance accessible to everybody and we positively impact society by FOR 2025. positively impacting society. implementi
Slide 11: 9M 2021 Results
9M 2021 RESULTS 2021 © MULTITUTE. ALL RIGHTS RESERVED. IFRS preliminary unaudited financial results for the period 9M 2021 11 FE-Classification: General\Anyone
Slide 12: Financial Overview: Revenue Turn-around & Improving Profitability
FINANCIAL OVERVIEW: REVENUE TURN-AROUND & IMPROVING PROFITABILITY in EUR m Q2 2021 Q3 2021 9M 2021 9M 2020 %/pp change REVENUE CONTINUES TO INCREASE: Revenue 52.6 54.1 158.6 176.7 -10.2% − Positive trend: Q3 revenue exceeding Q1 and Q2 revenue − Strong revenue dynamic in SweepBank EBIT 7.7 6.0 19.1
Slide 13: Balance Sheet Structure Improved Further
BALANCE SHEET STRUCTURE IMPROVED FURTHER & SUPPORTS CONTINUED PORTFOLIO GROWTH in EUR m 30 Sep 2021 31 Dec 2020 % Change in EUR m 30 Sep 2021 31 Dec 2020 % Change Assets Equity and Liabilities Non-current assets 58.0 59.9 -3.2% Equity 176.2 125.6 +40.3% Accounts receivable – customer Non-current lia
Slide 14: Segment View – All Tribes Are on Track
SEGMENT VIEW – ALL TRIBES ARE ON TRACK Ferratum CapitalBox SweepBank Total EUR million 9M 2021 9M 2020 9M 2021 9M 2020 9M 2021 9M 2020 9M 2021 9M 2020 Revenue 135.6 153.3 16.9 20.8 6.1 2.5 158.6 176.7 Impairments 41.9 64.0 4.5 6.8 4.1 2.5 50.5 73.3 As % of Revenue 30.9% 41,8% 26.4% 32.7% 68.0% 98.4%
Slide 15: Increased Revenue and Net AR in SweepBank
INCREASED REVENUE AND NET AR IN SWEEPBANK 9M 2021 REVENUE AND NET AR 9M 2020 REVENUE AND NET AR H1 2021 REVENUE AND NET AR H1 2020 REVENUE AND NET AR 16.9 20.8 6.1 2.5 71.2 827 61.2 Ferratum SweepBank 280.7 20.4 13.9 135.6 279.0 264.2 153.3 CapitalBox 76.6 Net AR Net NetAR AR Revenue 2021 © MULTITUT
Slide 16: Continued Improvement in Asset Quality
CONTINUED IMPROVEMENT IN ASSET QUALITY BALANCED GROWTH STRATEGY DRIVES ASSET IMPAIRMENT LOSSES (TOTAL) / NAR QUALITY IMPROVEMENTS 2018 2019 2020 2021 12,00% − Mid-term improving trend in impairment losses over net accounts receivable (NAR) continues 10,00% 9,71% − Continued improvement of Core Param
Slide 17: Funding Structure and Cost of Debt Capital
FUNDING STRUCTURE AND COST OF DEBT CAPITAL FINANCING MIX AT YEAR END 2020 FINANCING MIX AT SEP 30, 2021 Ferratum Capital Germany 5.5% + 3m Euribor 2022 EUR 100m Ferratum Capital Germany EUR 84m 5.5% + 3m Euribor 2023 EUR 80m EUR 59m EUR 339m Deposits EUR 475m EUR 50m Multitude SE 8.90% + 3m Euribor
Slide 18: Key Takeaways
KEY TAKEAWAYS 1. We are on growth track – Q3 revenue exceeds previous quarters 2. Asset quality continues to be high 3. Successful launch of SweepBank App in Finland 4. Strong profitability in Ferratum Tribe 5. New Tribe CEO in CapitalBox 6. Kick off new ESG approach FE-Classification: General\Anyon
Slide 19: Q&A
Q&A 2021 © MULTITUTE. ALL RIGHTS RESERVED. 19 FE-Classification: General\Anyone
Slide 20: Thank You
THANK YOU ir@multitude.com MULTITUDE SE RATAMESTARINKATU 11 A 00520 HELSINKI FINLAND 2021 © MULTITUTE. ALL RIGHTS RESERVED. 20 FE-Classification: General\Anyone
Slide 21: Backup Slides
BACKUP SLIDES 2021 © MULTITUTE. ALL RIGHTS RESERVED. 21 FE-Classification: General\Anyone
Slide 22: Shareholder Information
SHAREHOLDER INFORMATION Jorma Jokela Ferratum Oyj* Total Free Float** Universal Investment Gesellschaft mbH 29.06% Dorval AM 44.13%** Other shareholders 55.2% All information of shareholders holding based on the latest 9.98% shareholder notifications received * Treasury shares held by Ferratum Oyj (
Slide 23: Lending Volume: Back to Growth
LENDING VOLUME: BACK TO GROWTH LOAN VOLUME DISBURSED, EUR M NET LOANS TO CUSTOMERS, EUR M 70 500 60 450 429 413 400 386 388 50 354 365 366 361 348 346 350 335 40 300 250 30 200 20 150 100 10 50 0 0 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 2021 © MULTITUTE. ALL RIGHTS RESERVE