Multitude P.L.C.

Latest Results (06.10.2025):

Multitude P.L.C. has reported impressive financial results for the first half of 2025, demonstrating strong revenue growth and nearly doubling its net profit compared to the same period in the previous year. The company's focus on improving asset quality and expanding its business units has contributed to its robust performance and positive outlook for the remainder of 2025.

Revenue and Profit Growth

In H1 2025, Multitude P.L.C. achieved a 3.5% increase in revenue, reaching EUR 133.4 million compared to EUR 128.8 million in H1 2024. The net profit surged by 95.2%, rising from EUR 7.3 million to EUR 14.2 million, underscoring the company’s effective growth strategies.

Enhanced Asset Quality

The company focused on improving asset quality, reducing impairment losses by 18.6% to EUR 42.4 million and lowering the impaired loan coverage ratio to 15.6%. This reflects Multitude P.L.C.’s successful risk management practices.

Business Unit Expansion

All three business units—Consumer Banking, SME Banking, and Wholesale Banking—experienced significant growth. The Wholesale Banking unit, launched in early 2024, saw an 85.8% increase in revenue and a 90.4% rise in net exposure. Consumer Banking and SME Banking also reported notable increases in net exposure and profitability.

Strategic Investments and Partnerships

Investments in associates like Lea Bank yielded positive returns, contributing EUR 1.0 million to profit before taxes and generating EUR 4 million in dividends. These partnerships highlight Multitude P.L.C.’s strategy of growth through collaborations and acquisitions.

Positive Outlook and Strategic Initiatives

Based on the strong H1 performance, Multitude P.L.C. has adjusted its 2025 profit guidance to a target range of EUR 24 to 26 million. The company plans to continue focusing on organic growth, partnerships, and M&A to sustain revenue growth and profitability, aiming to deliver increased value to shareholders.