MULTITUDE


Associated tags: Frankfurt Stock Exchange, EUR, WKN, ISIN

Locations: FINLAND, MALTA, MILL STREET, EC, HAS, FINNLAND, SWITZERLAND, FINLAND, ON, MALTA, QORMI, FINNLAND, EUROPE, DENMARK, EUROPA, KOPENHAGEN, NAMEN, HELSINKI, EUROPE, MORE, WE, SWITZERLAND

EQS-News: Multitude SE preliminary unaudited 2023 results with strong revenue growth and earnings jump in 2023 in line with guidance

Retrieved on: 
Wednesday, April 10, 2024

Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.

Key Points: 
  • Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.
  • Revenue increased by 8.5% (EUR 18.0 million) from EUR 212.5 million in 2022 to EUR 230.5 million in 2023.
  • Net interest income increased by 4.9% (EUR 9.8 million) from EUR 198.4 million in 2022 to EUR 208.2 million in 2023.
  • Multitude's EBIT from continuing operations reached EUR 45.6 million in 2023 compared to EUR 31.5 million in 2022.

EQS-News: Multitude SE: The Extraordinary General Meeting of Multitude SE Approved The Transfer Of The Company’s Registered Office From Finland To Malta

Retrieved on: 
Wednesday, April 10, 2024

Additionally, the Extraordinary General Meeting approved certain other related proposals.

Key Points: 
  • Additionally, the Extraordinary General Meeting approved certain other related proposals.
  • For the purposes of the Transfer, the Board of Directors had approved a Transfer Proposal (“Transfer Proposal”) in accordance with Article 8 (2) of the SE Regulation.
  • Multitude’s Extraordinary General Meeting approved the Transfer Proposal (including, without limitation the New M&A), and resolved on the Transfer in accordance with the Transfer Proposal.
  • The Extraordinary General Meeting resolved to appoint PricewaterhouseCoopers Malta as the auditor of the Company upon the registration of the Company with the Malta Business Registry.

EQS-News: Multitude Group Annual Report 2023 published - on track for substantial profitable growth in 2024 and beyond

Retrieved on: 
Wednesday, April 10, 2024

With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.

Key Points: 
  • With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.
  • As such, loans to customers rose by 13.6% to EUR 575.9 million and debt investments increased by 194.3% from EUR 21.1 million to EUR 62.1 million.
  • This and an improved cost efficiency resulted in a strong growth of the EBIT from EUR 31.6 million in 2022 to EUR 45.6 million in 2023, signifying a 44.8% increase.
  • With the overall growth in assets also comes a rise in cash and cash equivalents by 85.0% to EUR 283.7 million from EUR 153.3 million.

EQS-News: NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS

Retrieved on: 
Wednesday, April 10, 2024

The Board of Directors proposes to the Annual General Meeting that, for the financial year 2023, a dividend of EUR 0.19 per share be distributed.

Key Points: 
  • The Board of Directors proposes to the Annual General Meeting that, for the financial year 2023, a dividend of EUR 0.19 per share be distributed.
  • Shareholders, who are registered in the shareholders’ register of the Company, and who wish to participate in the General Meeting, must register for the meeting by giving prior notice of participation as instructed below.
  • Shareholders may participate in the General Meeting of Shareholders and exercise their rights at the meeting by way of proxy representation.
  • On the date of this notice to the Annual General Meeting of Shareholders, dated 28 March 2024, the total number of shares in Multitude SE is 21,723,960 and each of these shares carries one vote.

EQS-News: Multitude SE: Alain Nydegger starts to head Multitude Group’s new business unit Wholesale Banking 

Retrieved on: 
Wednesday, April 10, 2024

Helsinki, 28 March 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude”, “Company” or “Group”) announces that Alain Nydegger will start as Tribe CEO for Multitude Group’s newly launched independent business unit, Wholesale Banking and joins the Group Leadership Team.

Key Points: 
  • Helsinki, 28 March 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude”, “Company” or “Group”) announces that Alain Nydegger will start as Tribe CEO for Multitude Group’s newly launched independent business unit, Wholesale Banking and joins the Group Leadership Team.
  • The wholesale banking unit offers two services: Secured Debt and a Payment Solution for non-bank lenders, FinTech’s and other larger volume customers, who are overlooked by traditional main street banks.
  • Alain joins Multitude as a seasoned leader and brings a wealth of experience, having spent the past 17 years in the financial industry.
  • The combination of Alain's credentials alongside the Group's extensive financial services and technology management expertise accumulated over the past two decades strongly positions our wholesale banking unit.