Slide 1: Qliro Q2 22 Presentation
QLIRO Q2 22 PRESENTATION CEO Jonas Arlebäck and CFO Robert Stambro 19 July 2022 QLIRO SAFE AND SIMPLE
Slide 2: Summary Q2 2022
12% Summary Q2 2022 • Revenue increase in the quarter despite double digit decline for e-commerce revenues and tough comparables Q2 • The new strategy with strong payments focus has been received very well by merchants • The board has decided to accelerate the implementation of the new strategy, in
Slide 3: Q2 Summary
Q2 SUMMARY +7% INCOME GROWTH 1) -7% GROWTH PAD VOLUME 1) 12% 2,5 M ACTIVE CUSTOMERS 2) +2% LENDING GROWTH 1) 1) Q2 2022 compared to Q2 2021 2) Unique customers that have used Qliro’s services during the last 12 months 2 2
Slide 4: Total Income Growth in a Declining Market
TOTAL INCOME GROWTH IN A DECLINING MARKET Comments Qliro Income statement SEKm, unless otherwise stated 1) Q2 2022 Q2 2021 %∆ • Good growth in week market sentiment - Svensk Handel’s e- Net interest income 68.2 64.2 6 commerce indicator for Jan-May Net commission income 48.3 44.6 8 showed that e-com
Slide 5: Payment Solutions – Continued Income Growth
PAYMENT SOLUTIONS – CONTINUED INCOME GROWTH Comments Key figures, SEKm 2022 2021 SEKm, unless otherwise stated 1) Apr-Jun Apr-Jun %∆ Total income 87.0 80.8 8 • Good resilience in declining market. Credit losses -28.8 -19.1 -51 Loan book grew by 8% driven by changed customer preferences towards Total
Slide 6: Digital Banking Services – Increased Total Income
DIGITAL BANKING SERVICES – INCREASED TOTAL INCOME Comments Key figures, SEKm 2022 2021 SEKm, unless otherwise stated Apr-Jun Apr-Jun %∆ Total income 18.4 17.4 6 • Total income grew 6 percent in the Credit losses -6.3 -3.6 77 quarter despite paused marketing of loans Total income after credit losses
Slide 7: Profitability Program Has an Initial Effect on Cost Level
PROFITABILITY PROGRAM HAS AN INITIAL EFFECT ON COST LEVEL Comments Cost development, SEKm • Administrative expenses increased by SEK 7.7m due to the recently launched 15% Y-o-Y growth incl. items that affect comparability profitability program, severance pay to a 4% Y-o-Y growth excl. items that aff
Slide 8: Looking Ahead
12% • Continue to deliver on the profitability program to become profitable in 2023 • Continue to develop SME-offering and partnerships within the area • Largest pipeline of potential new merchants in two LOOKING years AHEAD • Welcoming Christoffer Rutgersson as the new CEO in October • New financia
Slide 9: Q&A
Q&A 8