Q2 and half year report January – June 2022
Collections broadly in line with prior year whilst market volatility continued to impact earningsHighlights second quarter 2022 · Gross ERC at the end of June 2022 was EUR 285m (299 at December 2021) · Cash at the end of June 2022 was EUR 54.8m (65.5 at December 2021) · Gross collections amounted to EUR 15.8m (14.7)* · Net collections amounted to EUR 13.8m (11.9)* · Cash EBITDA amounted to EUR 10.9m (9.4)* · Net loss for the period of EUR 4.2m (loss of 0.1)* including EUR 2.4m mark-to-market loss on the investment in Addiko Bank driven by market volatility Highlights