DDM Debt AB: Q3 and YTD report January - September 2017
Significant increase in portfolio value and new revolving credit facility supporting continued rapid expansionHighlights third quarter 2017 · Entered Greece, investing EUR 50M ·Further portfolio acquired in the Czech Republic for approximately EUR 12M ·Super senior revolving credit facility of EUR 17M successfully secured, continuing to lower the cost of funding ·Net collections increased by 25% to EUR 6.5M (Q3 2016: EUR 5.2M) ·Cash EBITDA increased by 4% to EUR 4.8M (Q3 2016: EUR 4.6M) ·Net loss for the period of EUR 0.2M (Q3 2016: profit of EUR 3.4M)