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 283m (297 at December 2021) · Cash at the end of June 2022 was EUR 52.8m (62.7 at December 2021) · Gross collections amounted to EUR 15.5m (13.4)* · Net collections amounted to EUR 13.4m (11.3)* · Cash EBITDA amounted to EUR 10.8m (9.2)* · Net loss for the period of EUR 3.6m (0.2)* including EUR 2.4m mark-to-market loss on the investment in Addiko Bank driven by market volatility Highlights six