Multitude AG Capital Markets Day: Focus on Tri-Pillar Growth Strategy and Extended Outlook to 2028

Core Insights - Multitude AG has outlined its strategic outlook and financial guidance for 2028, focusing on organic growth, M&A, and partnerships to enhance profitability and customer value [2][3][4] Financial Guidance and Outlook - The company projects a net profit of EUR 30 million in 2026, with a 20% annual growth expected for 2027 and 2028 [2][4] - Multitude aims to improve its Cost-to-Income Ratio (CIR) from 48% to 40% by 2028 and achieve a Return on Tangible Equity (RoTE) exceeding 20% [4] - The net profit has increased from EUR 1.2 million in 2021 to EUR 20.2 million in 2024, with a reduction in CIR from 61% in 2021 to 48% at 9M 2025 [6] Business Unit Highlights - The Consumer Banking unit (Ferratum) operates in 13 European markets with EUR 517 million in assets, targeting a 10% annual growth in EBT over three years [7] - The SME Banking unit (CapitalBox) manages EUR 161 million in assets and aims for a single-digit million positive EBT for 2026, followed by 50% annual growth from 2026 to 2028 [8] - The Wholesale Banking unit (Multitude Bank) has seen a 79.1% growth in its portfolio year-to-date and targets 50% annual EBT growth from 2026 to 2028 [9] Strategic Direction - The company is entering its sixth strategy generation cycle, focusing on scaling its growth platform and leveraging AI and automation for operational efficiency [3][10] - Multitude's vision is to build the most valuable financial platform for overlooked customers, emphasizing continuous revenue growth and diversification [2][3]