Lendify Technologies AB (publ) releases interim report for the period 2019-01-01 to 2019-03-31

First quarter 2019 (compared with first quarter 2018)

  • Operating income amounted to 8 500 KSEK (97 KSEK)
  • Operating profit amounted to -1 046 KSEK (-1 114 KSEK)
  • Profit/loss after tax amounted to -4 710 KSEK (-1 158 KSEK) 
  • Cash and bank was 16 416 KSEK at 31 Mar 2019 (15 455 KSEK at 31 Dec 2018) 

Financial overview

KSEK Q1 2019 Q1 2018 Jan-Dec 2018
Operating income  8 500  97  26 667 
Operating profit  -1 046  -1 114  3 313 
Net financial income/expense  -4 306  -44  -11 539 
Profit/loss for the period  -4 710  -1 158  -7 124 
Total assets  184 285  6 531  187 566 
Operating margin %  N/A N/A  8,7% 
Equity ratio %  10,9% 35,2% 13,2%

CEO comments

Lendify Technologies AB (publ), org. no 559129-2981 (”Lendify Technologies”) is a wholly owned subsidiary of Lendify AB, org. nr 556968–1744 (”Lendify”). Lendify Technologies manages development, maintenance and leasing of an IT-platform for consumer lending. Lendify acts as servicer for Lendify Technologies and manages administration and IT-development for Lendify Technologies. Lendify Technologies pays a quarterly fee for the service.

Events during January-March 2019

There are no significant events during the period.  

This information is information that Lendify Technologies AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 07:30 CEST on 28 May 2019.

For further information, please contact:

Erika Eliasson, Chief Strategic Communications Officer and Head of Savings, tel. no. +46 (0)70 999 10 70

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