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OK-Q8 (OKQ8) investor relations material

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OK-Q8 Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary21 Aug, 2025

Executive summary

  • Operates in payment services, lending, and factoring, with 100% ownership by a parent company.

  • First half of 2025 marked by global political tensions and market uncertainty, but Swedish inflation and interest rates stabilized at lower levels.

  • Credit losses improved, but operating income declined due to lower factoring revenues, resulting in a slightly weaker result year-over-year.

Financial highlights

  • Net interest income rose to 20,648 Tkr from 8,454 Tkr year-over-year.

  • Net profit for the period was 10,035 Tkr, down from 13,621 Tkr in the first half of 2024.

  • Credit losses improved to -103 Tkr from -5,251 Tkr year-over-year.

  • Total assets decreased to 2,164,740 Tkr from 2,779,819 Tkr as of June 2024.

  • Deposits from the public fell by 2.29% to 1,129,057 Tkr; lending to the public decreased by 0.62% to 2,084,799 Tkr.

Outlook and guidance

  • Ongoing monitoring of credit risk due to persistent macroeconomic uncertainty and high unemployment.

  • No significant events after the reporting period.

What caused the factoring income decline?
What drove the significant RWEA reduction?
Why pessimistic credit loss outlook despite improvement?
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