Multitude | Latest News & Updates - Apr 04, 2025 Release
Multitude's Q4 results exceeded expectations with an 8% increase in net operating profit to 57.7 MEUR, driven by lower impairment losses and strong growth in the Wholesale Banking unit...
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Multitude
🌎 multitude.comMultitude is an international provider of digital financial services with operations in nearly 20 countries. It is a fully regulated growth platform for financial technology, aiming to become the most valued financial ecosystem. The company has a solid track record in building and scaling financial technology over the past two decades.
Multitude - Latest News and Updates
- Multitude's Q4 results exceeded expectations with an 8% increase in net operating profit to 57.7 MEUR, driven by lower impairment losses and strong growth in the Wholesale Banking unit.
- Multitude achieved double-digit growth in revenues and profitability, with net profits increasing by 23.1% and a dividend yield over 9% for shareholders.
- Multitude reported a 14.4% increase in revenue to €263.7 million and a 23.1% rise in net profit to €20.2 million for 2024, with a dividend proposal of €0.44 per share.
- Multitude's preliminary 2024 results show a 14.4% revenue increase to €263.7 million and a 48.5% rise in EBIT to €67.6 million.
- Amanda Escherich, Head of Consumer Lending Germany at Multitude, shared her positive experience with the company's High Potential program on April 3.
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