Regulatory press release

Qliro AB publishes Interim Report for the period January – June 2023

Qliro

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The quarter in brief April – June 2023 (April – June 2022)

Total operating income increased by 12 percent to SEK 117.7 million (105.4)

Operating expenses decreased by 21 percent to SEK –82.5 million (–104.1) Adjusted for items affecting comparability, operating expenses decreased by 12 percent to SEK –82.5 million (–93.9)

Net credit losses decreased by 8 percent to SEK –32.4 million (–35.1)

Operating profit (EBT) was SEK 2.8 million (–33.9). Adjusted for items affecting comparability, operating profit (EBT) amounted to SEK 2.8 million (–23.6)

Profit/loss for the period was SEK 0.8 million (–27.4). Profit/loss for the period adjusted for items affecting comparability amounted to SEK 0.8 million (–19.3)

Earnings per share before and after dilution amounted to SEK 0.04 (–1.52)

The period in brief January – June 2023 (January – June 2022)

Total operating income increased by 9 percent to SEK 231.4 million (211.4)

Operating expenses decreased by 15 percent to SEK –162.5 million (–190.7). Adjusted for items affecting comparability, operating expenses decreased by 12 percent to SEK –162.5 million (–185.4)

Net credit losses decreased by 3 percent to SEK –65.0 million (–63.2)

Operating profit (EBT) was SEK 3.9 million (–42.4). Adjusted for items affecting comparability, operating proit (EBT) amounted to SEK 3.9 million (–37.1)

Profit/loss for the period was SEK 1.9 million (–34.6). Profit/loss for the period adjusted for items affecting comparability amounted to SEK 1.9 million (–30.4)

Earnings per share before and after dilution amounted to SEK 0.10 (–1.92)

From Christoffer Rutgersson's CEO statement:
“The trend for income and profitability remained positive in the second quarter of the year. Income increased by 12 percent, mainly driven by the Payment Solutions business segment where BNPL and Pay Now volumes both continue to increase, offsetting lower invoiced volumes. Operating profit (EBT) improved by SEK 36.7 million to SEK 2.8 million (–33.9). Adjusted for items affecting comparability, operating profit (EBT) increased by SEK 26.4 million to SEK 2.8 million (–23.6). The positive progress is a result of increased income in combination with digitalization and completed efficiency initiatives.”

Presentation of the Interim Report
Today at 10:00 CET, 19th July, CEO Christoffer Rutgersson and CFO Robert Stambro will present the Interim Report for the first half year 2023. 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-q2-2023

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=200852

About Qliro AB

Qliro, founded in 2014, is a fast-growing tech company offering safe and simple digital payment solutions, including a complete check-out to large, small, and medium-sized e-retailers and their customers globally. Qliro also offer digital financial services to consumers in the Nordics. In total, 5.6 million unique consumers have used Qliro's checkout at the company's merchants during the last twelve months.

Qliro is listed on Nasdaq Stockholm since October 2020 with the ticker “Qliro”. Qliro has its registered address in Stockholm and is a credit market company under supervision of the Swedish Financial Supervisory Authority (FI). For more information see https://www.qliro.com/en/investor-relations

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