Younited Financial (YOUNI) investor relations material

Executive summary

• Revenue rose 5.9% year-over-year to €81.1 million in H1 2026, with net interest income up 8.7% to €35.2 million as the loan portfolio expanded.

• Profit after tax reached €3.0 million, a €12 million improvement from a €9.1 million loss in H1 2025, while adjusted profit before tax was near breakeven.

• Achieved platform expansion with new product launches: POS financing in Italy, card-based BNPL in France, and a new mobile app in H1 2026.

• Completed delisting from Euronext Amsterdam, now solely listed on Euronext Paris, and announced redomiciliation to France expected in Q4 2026.

• Rolled out AI-driven operational enhancements, increasing instant loan decisions in France from 33% to 68% and reducing credit-analysis costs by 75%.

Financial highlights

• Net customer loans grew 20% to €1,271 million as of June 2026 compared to December 2025.

• Net interest income increased by €2.8 million (8.7%) to €35.2 million year-over-year.

• Revenue reached €81.1 million, up €4.5 million (5.9%) from H1 2025.

• Profit for the period was €3.0 million, compared to a €9.1 million loss in H1 2025.

• Loan origination volume stabilized at €438 million, down 3% year-over-year.

Outlook and guidance

• Adjusted loss before tax for FY 2026 expected at €16–18 million, improving from €21 million in FY 2025.

• Loan origination volume for FY 2026 expected at €850 million.

• Net interest yield projected at 4.8%, cost of risk at 4.0–4.5%, and cost-to-income ratio at 70–75%.

• Return on equity guidance: 0% in FY 2027, >5% in FY 2028, >10% in FY 2029.

• Outlook reflects higher market interest rates and a tougher macroeconomic environment.