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Kruso Kapital (KK) investor relations material
Kruso Kapital H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net profit doubled year-over-year to €8.8 million, driven by organic growth and full-year contribution from CEP in Portugal.
Loan book for pawn credit reached €155.1 million, up 8% year-over-year, with strong performance in both Italy and Portugal.
Intermediation margin rose 44.9% year-over-year to €35.8 million, supported by higher loan volumes, increased margins, and auction commissions.
Financial highlights
Net profit: €8.8 million, +95% year-over-year.
Intermediation margin: €35.8 million, +44.9% year-over-year.
Operating costs: €21.9 million, +28.7% year-over-year, mainly due to consolidation of CEP and higher administrative expenses.
Cost/income ratio improved to 61% from 69% in 2024.
Total assets: €215.0 million, +5.1% year-over-year.
Equity: €58.3 million, up from €49.5 million at end-2024.
Outlook and guidance
Initiated securitization process to diversify funding and reduce reliance on main banking partner.
Preliminary activities started for potential translisting to Euronext Milan regulated market.
- Net profit more than doubled to €4.4 million, with strong loan growth and improved capital ratios.KK
H1 20256 May 2026 - Net income up 21% year-over-year, with strong loan growth and improved capital ratios.KK
Q3 202428 Apr 2026 - Net profit doubled to €1.9 million in H1 2024, with strong capital and income growth.KK
H1 202428 Apr 2026 - Net profit surged 56% to €4.5M, with robust lending growth and improved capital ratios.KK
H2 202428 Apr 2026 - Q1 2025 net profit jumped 138% year-over-year, fueled by lending growth and CEP integration.KK
Q1 202528 Apr 2026 - Net income surged over 100% year-over-year, fueled by pawn loan growth and CEP consolidation.KK
Q3 202528 Apr 2026
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