Ferratum Oyj - Quarterly report

FERRATUM OYJ : Ferratum Group publishes financial figures for the first nine months of 2015

Helsinki/Berlin, November 12, 2015 - Ferratum Oyj (ISIN: FI4000106299,
Securities Identification Number: A1W9NS; together with its consolidated
subsidiaries hereinafter "Ferratum Group" or "Ferratum"), a pioneer in the area
of financial technology and an international provider of mobile consumer loans
and small loans to companies, today announced its financial results for the
first nine months of 2015.

Ferratum  succeeded in increasing the number  of its customers to 1.2 million in
the  first nine months of 2015, an increase of 29.3% year on year (9M 2014: 0.9
million  customers).  Ferratum  Group's  revenues  rose  by 60.2% from EUR 49.4
million  to  EUR  79.2 million  in  the  reporting period. On a quarterly basis,
Ferratum  continued  its  sales  growth  in  the  third quarter and thus for the
seventh  consecutive quarter. After posting a revenue of EUR 18.6 million in the
third  quarter of  2014, Ferratum generated  EUR 29.4 million  in revenue in the
third quarter of 2015, a 58.0% increase.

Risk  provisions increased  slightly in  relation from  EUR 14.2 million  in the
first  nine  months  of  2014 to  EUR  24.8 million in the reporting period with
higher  customer receivables  of EUR  93.6 million in  total (12/2014: EUR 61.5
million)  due to  further optimized  risk management.  A one-time  effect in the
amount  of  EUR  1.4 million  that  was  incurred  in this connection also had a
positive  impact on earnings during the reporting period. In contrast, operating
expenses  rose significantly to EUR 42.2 million (9M 2014: 26.8 million EUR) due
to  the many measures aimed at accelerating growth. Besides significantly higher
marketing  and selling expenses of  EUR 11.2 million (9M 2014: EUR 6.2 million),
this figure also includes IPO costs of EUR 0.5 million.

Ferratum  thus achieved earnings  before interest and  taxes (EBIT) adjusted for
non-recurring  IPO expenses  of EUR  12.7 million, which  equates to an adjusted
EBIT  margin of 16.0%. Including the IPO costs,  EBIT rose by 44.2% to EUR 12.2
million (9M 2014: EUR 8.5 million). This resulted in an EBIT margin of 15.4% (9M
2014: 17.1%). Including  the  net  financial  expenses,  adjusted earnings (EBT)
before  taxes increased by  70.6% to EUR 9.9 million  - net of  IPO costs to EUR
9.4 million  (9M  2014: EUR  5.8 million).  The  adjusted EBT margin amounted to
12.5% (11.9%  after IPO costs; 9M 2014: 11.7%). As a result, adjusted net income
for  the period increased  significantly by a  total of 90.5% to EUR 8.8 million
(EUR  8.3 million after IPO costs) compared to EUR 4.6 million in the first nine
months  of 2014. With  21,577,750 shares in  total (excluding  treasury shares),
undiluted earnings per share rose to EUR 0.39 at the end of the reporting period
(9M 2014: 0.25 EUR).

The  full-length  report  on  the  first  nine  months  of 2015 is available for
downloading  in English starting  today on the  website www.ferratumgroup.com in
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  3,000. 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 1.2 million active and former  customers who have been granted one
or  more loans in the  past and 3.5 million total  user accounts in its database
(as  of 30 September 2015). Ferratum is represented in 22 markets. At the end of
September  2015 Ferratum Group employed 501 persons compared with 383 persons at
year-end 2014.



Contacts:

Ferratum Group
Dr. Clemens Krause, CFO
T: +49 30 88715308
F: +49 30 88715309
M: clemens.krause@ferratum.com

Ferratum Group
Paul Wasastjerna
Head of Investor Relations
T: +358 40 7248247
F: +358 20 741 1614
M: paul.wasastjerna@ferratum.com

cometis AG
Henryk Deter | Mariana Kuhn
T: +49 611 20 58 55-61
F: +49 611 20 58 55-66
M: kuhn@cometis.de

[HUG#1966234]

Bifogade filer:

Ferratum Oyj: Report for the first nine months of 2015.pdf