Multitude SE (0R4W) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning from Helsinki, Finland, and welcome to Multitude Group's Earnings Call for the First Six Months Ended 2026. My name is Oddam Tonning, Head of Iron Treasury, and I'll be your host today. Today's agenda, Multitude's CEO, Antti Kumppelainen, will walk you through De Pere's results, which will be followed by a financial review by our CFO, Bernd Eger. Following the presentations, we will open up for questions over voice and chat. Antti, please go ahead. Thank you, Adam. Good morning, and thank you for joining us. My name is Antti Kumppelainen, CEO of Multitude Group. During today's call, our CFO, Berneger and I will walk you through Multitude's H1 twenty twenty six results. The first half reflects continued disciplined execution of our strategy. We are seeing stronger diversification of our revenue streams, further improvement in asset quality and a clear acceleration in profitability from the first to the second quarter. Let me first briefly recap who we are and where we are heading. Multitude is a pan European fintech operating with one single EU wide banking license and serving customers across Europe. We operate three business units on one shared growth platform, serving consumers, SMEs and institutional customers. The company was founded in Finland in 2005 and has been listed on the Frankfurt Stock Exchange in the prime standard since 2015. In 2025, we generated €257,000,000 in revenue and €26,600,000 in net profit. We also continue to maintain our dividend ambition of distributing between 2550% of annual net profit. So this is a business with more than two decades of operating history as established regulated platform and significant opportunities for profitable growth ahead. Today, there are six key takeaways we would like to highlight. First, H1 net p...