Significantly improved asset quality, with credit losses down 15.4%
Dividend proposal of EUR 0.55 per share to the upcoming Annual General Meeting, up 25% from last year (2024: EUR 0.44 per share)
Zug, 26 March 2026, Multitude AG, a listed European FinTech company, offering digital lending and online banking services to consumers, SMEs, and institutional clients, ("Multitude", "Company" or "Group") has published its Group's Annual Report, Corporate Governance Statement, ESG and Remuneration Report for the financial year ended 31 December 2025 on the Company's website today.
With its audited financial statements, Multitude confirms its positive preliminary results published on 12 March 2026 for the financial year 2025. Multitude has achieved its financial guidance for the fifth year in a row, slightly exceeding the outlook given for 2025.
Group revenue and net operating income stayed relatively stable at EUR 256.9 million and EUR 214.8 million respectively, compared to EUR 263.7 million and EUR 219.0 million in 2024. The Group's net profit increased substantially by 31.7%, from EUR 20.2 million to EUR 26.6 million.
Asset quality significantly improved, with impairment losses decreasing by 15.4% to EUR 81.6 million from EUR 96.4 million in 2024. As net loans and investments rose by 23.2% year on year to EUR 939.1 million, total assets of the Group also grew by 26.1% to EUR 1,385.6 million (2024: EUR 1,098.7 million). Additionally, deposits from customers increased by 29.2% to EUR 1,034.5 million. With the Group's equity growing by 7.4% to EUR 208.0 million, net equity ...
