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FERRATUM OYJ : Ferratum publishes financial figures for the first half year of 2015

Ferratum publishes financial figures for the first half year of 2015Helsinki/Berlin, August 13, 2015 - Ferratum Oyj (ISIN: FI4000106299, WKN:
A1W9NS; together with its consolidated subsidiaries hereinafter "Ferratum
Group" or "Ferratum"), an international provider of mobile consumer loans and
a pioneer in the field of "financial technology", announced its key financial
figures for the first six months of the financial year 2015 today.

In the first half of 2015, the revenues of Ferratum Group increased
significantly by a total of 61.5% to EUR 49.8 million (H1 2014: EUR 30.8
million). Due to the increase of customer receivables during the reporting
period in the amount of EUR 81.0 million (12/2014: EUR 61.5 million) risk
provisioning also increased from EUR 9.5 million to EUR 16.4 million.
Operating costs rose significantly from EUR 16.3 million in the reporting
period of the previous year to EUR 27.1 million in the first half of 2015.
This figure includes the costs of EUR 0.5 million associated with the IPO.
Increased marketing and selling expenses that amounted to EUR 6.8 million (H1
2014: EUR 3.9 million) in the reporting period were also partially
responsible for the significant increase. In line with this development,
Ferratum posted earnings before interest and tax (EBIT) of EUR 6.8 million
adjusted for non-recurring IPO expenses with its business operations. This
corresponds to an adjusted EBIT margin of 13.6%. Taking the IPO costs into
consideration, EBIT rose by 18.3% to EUR 6.3 million (H1 2014: EUR 5.3
million). This resulted in an EBIT margin of 12.6% (H1 2014: 17.2%). After
taking the net financial charges into account, adjusted earnings before tax
(EBT) increased by 55.8% to EUR 5.7 million (EUR 5.2 million after IPO costs;
H1 2014: EUR 3.6 million). The adjusted EBT margin was 11.4% (10.4% after IPO
costs; H1 2014: 11.8%). As a result, adjusted net income increased
significantly by a total of 67.1% to EUR 5.0 million (EUR 4.6 million after
IPO costs) following EUR 3.0 million in the first half of 2014. With
21,577,750 shares issued (excluding treasury shares), undiluted (basic)
earnings per share amounted to EUR 0.22 (H1 2014: EUR 0.16) at the end of the
reporting period.

The full-length English-language report on the first six months of 2015 is as
of today available for downloading from the website
underwww.ferratumgroup.comin the "Investor Relations" section.


About Ferratum Group:

The Finnish Ferratum Group, a pioneer for mobile consumer loans in Europe,
offers short-term consumer loans for private persons. Ferratum's customers
can utilize digital media to apply for consumer credit in amounts varying
between EUR 25 and EUR 2,000. Moreover, Ferratum offers successful small
businesses installment loans with a term of six to twelve months. Managed by
its founder Jorma Jokela, Ferratum has expanded rapidly since it was founded
in 2005: Ferratum has 1.1 million active and former customers who have been
granted one or more loans in the past and 3.2 million total user accounts in
its database (as of 30 June 2015). Ferratum is represented in 22 markets and
employed 383 people as of 31 December 2014.


Ferratum Group
Dr. Clemens Krause, CFO
T: +49 30 88715308
F: +49 30 88715309

Ferratum Group
Paul Wasastjerna
Head of Investor Relations
T: +358 40 7248247
F: +358 20 741 1614

cometis AG
Henryk Deter | Mariana Kuhn
T: +49 611 20 58 55-61
F: +49 611 20 58 55-66

Ferratum_Half Year Report 2015


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FERRATUM OYJ via Globenewswire


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