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Lendify Technologies AB (publ) releases interim report for the period 2020-01-01 to 2020-09-30

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Third quarter 2020 (compared with third quarter 2019)

  • Operating income amounted to 16 500 KSEK (7 750 KSEK)
  • Operating profit amounted to 7 170 KSEK (- -2 611 KSEK)
  • Profit/loss after tax amounted to 2 355 KSEK (- 7 175)
  • Cash and bank was 15 143 KSEK at 30 September 2020 (15 339 KSEK at 30 September 2019)

Financial overview  

Q3                   2020 Q3                     2019 jan - sep
2020		 jan - sep
2019
KSEK
Operating income 16 500 7 750 49 084 24 000
Operating profit 7 170 -2 611 21 027 -6 885
Net financial income/expense -5 457 -5 206 -15 930 -14 368
Profit/loss for the period 2 355 -7 175 7 023 -19 325
Total assets 219 512 185 365 219 512 185 365
Operating margin % 43,5% E/T 42,8% E/T
Equity ratio % 23,1% 11,4% 23,1% 11,4%

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 third quarter 2020

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 CET on 30 November 2020

For further information, please contact:

Erika Eliasson
Deputy CEO
ee@lendify.se

Lendify Technologies AB (publ) har givit ut en obligation som handlas på NGM NDX.

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