Freedom Finance delivers strong financial performance in an eventful second quarter
The Freedom Finance Group delivered revenues of SEK 78.3 million, 41% growth, in a strong second quarter. During the eventful quarter, Germany has been entered, a new insurance product has been launched in Sweden, and the Swedish entity has received its SFSA permit.
The Freedom Finance Group (Ceratiidae II AB (publ.) and its subsidiaries) has today published its interim report for the second quarter 2015. The comparative figures (in parentheses) show the second quarter 2014.
- Revenue for the quarter amounted to SEK 78.3 million (SEK 55.4 million)
- Adjusted EBITDA for the quarter amounted to SEK 16.5 million (SEK 12.8 million)
- Operating profit for the quarter amounted to SEK 10.1 million (SEK 2.2 million)
“We are very pleased with our development during the second quarter, especially in light of the strategic investments we have made during the period”, says Björn Lander, CEO of the Freedom Finance Group
The period during and after the quarter has been eventful, and we have launched our new brand Zmarta in Finland and Norway, an insurance product in Sweden, and received our permit from the SFSA in Sweden. We also listed our bond on the NASDAQ Stockholm Corporate Bond Market, and launched our first new market, Germany. More information can be found in the report.
The report can be downloaded from https://www.freedomfinance.se/om-oss/investerare/financial-reports
For further information, please contact:
Björn Lander, CEO, Freedom Finance Group
+46 431 47 47 00, bjorn.lander@freedomfinancenordic.com
About the Freedom Finance Group:
The Freedom Finance Group is a leading North European loan broker that facilitated more than 5bn SEK of loans in 2014. It is headquartered in Ängelholm, Sweden, and is operating on the Swedish, Finnish, Norwegian and German markets. It is owned by the private equity fund H.I.G. Europe Capital Partners L.P., and Management.
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