SaveLend Group (YIELD) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue reached 29.2 MSEK, up 15% year-over-year, maintaining the high level from Q4 2025 despite seasonal challenges.

• Gross profit increased to 21.6 MSEK, reflecting stable direct costs and strong cost control.

• Credit volume mediated to savers was 411 MSEK, up 68% from Q1 2025, driving revenue growth.

• Total capital on the platform surpassed 2 billion SEK, a 12% increase over 12 months.

• EBITDA was -3.3 MSEK, impacted by strategic investments and one-time costs related to the transition to a credit market company.

Financial highlights

• Net revenue for Q1 2026: 29.2 MSEK (Q1 2025: 25.3 MSEK; Q4 2025: 29.6 MSEK).

• Gross margin for Q1 2026: 74.1% (Q1 2025: 74.2%).

• EBITDA: -3.3 MSEK (Q1 2025: -0.8 MSEK).

• EBIT: -6.8 MSEK (Q1 2025: -5.2 MSEK).

• Net result: 35.2 MSEK (Q1 2025: 3.1 MSEK), positively affected by the sale of Billecta AB.

Outlook and guidance

• Strategic focus on becoming a credit market company, with ongoing preparations and investments.

• New financial targets emphasize market-leading ROE and annual growth in total capital, effective upon license approval.

• Anticipated expansion of investor commitments, including a planned 120 MSEK investment from NordIX in 2026.