Hoist Finance Year-end report 2021

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Higher collections and portfolio acquisitions

“Our business environment has improved even though Covid-19 continues to be a concern. Income in the quarter increased compared to both last year as well as the previous quarter. During the last months of 2021 we reached significant improvements in collection performance. We participated in a high number of acquisition processes and signed some attractive deals in the latter part of the year. The portfolio from Alpha Bank in Greece stands out at more than SEK 1.1bn, and will have a positive impact on our profitability for 2022 and beyond. Including these portfolios total acquired volumes totalled SEK 4.7bn, which is Hoist Finance’s third highest annual acquisition level.” says Per Anders Fasth, CEO.

October – December 2021

  • Total operating income amounted to SEK 669m (648)
  • Profit before tax totaled SEK 73m (68)
  • Basic and diluted earnings per share amounted to SEK 0.61 (0.31)
  • Return on equity was 6% (3)
  • Carrying value of acquired loans totaled SEK 21,337m (21,075)
  • The total capital ratio was 15.16% (16.49) and the CET1 ratio was 9.56% (10.76)

Figures in brackets refer to the fourth quarter of 2020 for profit comparisons and to the 31 December 2020 closing balance for balance sheet items.

A teleconference for investors, analysts and press will be held at 09:30 a.m. CET. To listen in to the conference, please dial:

SE: +46 8 505 583 73
UK: +44 33 330 090 31
US: +1 646 722 49 04

The presentation will be held in English and broadcast live at: https://tv.streamfabriken.com/hoist-finance-q4-2021

For more information, please contact:

Ingrid Östhols, Head of Communications & Investor Relations
+46 (0)721 810 867

This information is information that Hoist Finance AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 a.m. CET on 8 February 2022.

About Hoist Finance

Hoist Finance is a trusted debt resolution partner to individuals, companies and banks in eleven European countries. With more than 1,500 dedicated colleagues, smart digital solutions and a deep understanding of individual financial circumstances, we help over six million customers keep their commitments. This is achieved by agreeing on sustainable repayment plans so that everyone is included within the financial ecosystem. Hoist Finance has a diverse portfolio of asset classes and our online savings platform in Sweden, Germany and the UK enables our unique funding model. Hoist Finance was founded in 1994 and is today a public company listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.