Fellow Finance: Profitability burdened by one-offs - Evli

Fellow Finance’s H2/21 results fell short from our estimates. Revenue declined slightly to EUR 5.2m (Evli EUR 5.8m) despite a 59% increase in brokered financing, as interest income decreased clearly. EBIT amounted to EUR -1.4m (Evli EUR -0.5m), impacted by the one-offs relating to the intended merger and increase in personnel expenses.

Länk till analysen i sin helhet: https://pankki.evli.com/hubfs/ERP/Raportit/Fellow%20Finance/Fellow%20Finance%20220223%20H2%20Earnings%20flash.pdf