Multitude AG (0R4W) Earnings Call Transcripts

Multitude AG's Latest Earnings Call - Q1 FY2026

In Q1 2026, Multitude AG reported revenue of EUR 61.6 million, reflecting a year-on-year decline from EUR 66.8 million, driven by strategic portfolio changes. However, net profit came in at EUR 4.4 million, aligning with management's expectations for the year, as they reaffirmed their guidance of EUR 30 million in net profit for 2026, with a projected annual growth rate of 20% for 2027 and 2028. The significant increase in fee and commission income, which rose over 105% year-on-year to EUR 4.9 million, indicates a strong performance in the Consumer segment and highlights the company's ability to generate recurring revenue streams.

Reported metrics

Guidance from management

Management confirmed their net profit guidance of EUR 30 million for 2026, with a projected annual growth rate of 20% for 2027 and 2028. They expect profitability to be weighted towards the latter part of the year.

What management said

Q1 2026 Earnings Call. My name is Adam Hansson-Tönning. I'm the Head of IR and Treasury of Multitude, and I'll be your host today. Today's presenters will be our CEO, Antti Kumpulainen; and CFO, Bernd Egger, who will walk you through our Q1 2026 results. Following the presentation, we will open the line for a Q&A session. I'll now hand over to Antti to get us started. Antti, please go ahead.

Thank you, Bernd. Thank you, Antti. We will now open the line for questions. But we will start with questions and then continue to written questions. I believe our first question comes from Roni from Inderes.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the increased operating expenses in SME banking and the timeline for achieving profitability in the CapitalBox unit. Questions were raised about the potential impact of regulatory interest rate caps on future income streams.

Main topics on the call

• Revenue Performance — Revenue for Q1 2026 was EUR 61.6 million, down from EUR 66.8 million in Q1 2025, attributed to intentional changes in portfolio composition. CFO Bernd Egger noted, "This is especially true for the consumer business. We a...
• Fee and Commission Income Growth — Fee and commission income surged to EUR 4.9 million, a 106% increase from EUR 2.4 million in Q1 2025, driven primarily by the Consumer segment. CEO Antti Kumpulainen stated, "This demonstrates our ability to generate rec...
• Asset Quality Improvement — Impairment losses decreased by 18.8% year-on-year to EUR 18 million, indicating continued improvement in asset quality. Kumpulainen remarked, "Asset quality continued to improve significantly."
• Net Profit Guidance — Management confirmed their net profit guidance of EUR 30 million for 2026, with expectations of 20% annual growth in net profit for the following two years. Kumpulainen emphasized, "We are on track to EUR 30 million net ...

Read the full Multitude AG transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 16 Multitude AG earnings call transcripts on record, spanning August 19, 2021 to May 21, 2026. Based on this history, Multitude AG reports semi-annually. The most recent call on file is dated May 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

0R4W

Exchange

LSE

Country

GB

Sector

Financials

Industry

Consumer Finance

Calls on record

16

First call

August 19, 2021

Most recent

May 21, 2026

Reporting cadence

semi-annually