Qliro AB publishes Interim Report for the period January - June 2024

The quarter in brief April – June 2024 (April – June 2023)

• Total operating income increased by 4 percent to SEK 117.1 million (112.6)
  • Payment Solutions’ operating income increased by 8 percent to SEK 101.2 million (93.6)
• Total operating expenses amounted to SEK -82.4 million (-82.5)
• Net credit losses amounted to SEK -29.7 million (-27.3)
• Operating profit increased to SEK 5.0 million (2.8)
  • Payment Solutions’ operating profit (pro forma) increased to SEK 0.3 million (-6.0)
• Profit/loss for the period was SEK 3.4 million (0.8)
• Earnings per share before and after dilution amounted to SEK 0.18 (0.04)

The period in brief January – June 2024 (April – June 2023)

• Total operating income increased by 6 percent to SEK 233.0 million (219.5)
  • Payment Solutions’ operating income increased by 10 percent to SEK 200.5 million (182.1)
• Total operating expenses amounted to SEK -161.9 million (-162.5)
• Net credit losses amounted to SEK -60.8 million (-53.1)
• Operating profit increased to SEK 10.3 million (3.9)
  • Payment Solutions’ operating profit (pro forma) increased to SEK 0.3 million (-12.9)
• Profit/loss for the period was SEK 6.8 million (1.9)
• Earnings per share before and after dilution amounted to SEK 0.35 (0.10)

Extract from CEO Christoffer Rutgersson's statement:
“Qliro continues to strengthen its market position, with clear evidence that our previous commercial efforts are yielding long-term results. Total Payment Volume increased by 8 percent and the number of connected merchants more than doubled in the quarter. The divestment of the consumer loan portfolio within Digital Banking Services improves our capital structure and enables accelerated expansion within Payment Solutions.’’

Presentation of the Interim Report
Today, July 17, 2024, at 10:00 a.m. CEO Christoffer Rutgersson and CFO Robert Stambro will present the Interim Report for the period January – June 2024. The presentation will be held in English.

Join via webcast
If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions.

Link: https://ir.financialhearings.com/qliro-q2-report-2024

Join via conference call
If you wish to participate via conference call please register on the link below. After registration you will be provided phone numbers and a conference/user ID to access the conference. You can ask questions verbally via the conference call.

Link: https://conference.financialhearings.com/teleconference/?id=50048610