Ferratum Oyj: Ferratum Interim Report January - September 2016

Highlights 9M 2016

• Year-on-year revenue up 37.3 % to EUR 108.7 million (9M 2015: EUR 79.2 million)
• Operating profit (EBIT) rose by 16.4 % to EUR 14.2 million (9M 2015: EUR 12.2 million)
• Decreased EBIT margin of 13.1 % (9M 2015: 15.4 %)
• Strong operative Cash flow: EUR 43.8 million (9M 2015: -21.5 million)

Helsinki, November 10, 2016 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS), a pioneer in the field of financial technology and an international provider of mobile banking services, continued its growth trend in the first nine months of the year 2016. Since the start of the year Ferratum has introduced its Credit Limit product in both Spain and Poland while presenting the PLUS Loan product to the Finnish market. Ferratum Business (SME) has been launched in Denmark and the Netherlands during 2016. The group has also introduced a completely new member to its product family, marketplace lending (Ferratum P2P). Yet, another milestone for the group is the deposit-taking by Ferratum Bank Plc, which has been well accepted by the customers in both Germany and Sweden.

The combined revenue share of PLUS Loan (including Ferratum Business) and Credit Limit grew from 44.6 % in 9M 2015 to 63.9 % while the revenue share of the Microloan business decreased to 35.8 % (9M 2015: 55.6 %).

* Restated: the amount of Increase / decrease in interests accrued was taken out and included to Net cash flows from operating activities (after movements in portfolio)

CEO Jorma Jokela comments the first nine months

"In the first nine months 2016 Ferratum continued to grow dynamically. As we want to continue to grow significantly and achieve an increased profitability we have set up a Growth Acceleration Program. The program includes changes in the organization which is now oriented towards products, instead of regions. In addition, the number of the directors team members has been reduced. We want to use the existing capacities more efficiently than before.

Another aspect of the program is to discontinue products which are not profitable, we have therefore decided to suspend FerBuy. Furthermore, we decided to repeal the intended takeover of FCB Firmen-Credit Bank GmbH. The IT strategy has also undergone adjustments in order to achieve a more efficient IT architecture and systems.