Multitude AG Reports Significant Growth in 2024 Financial Results

Multitude AG announced its preliminary unaudited financial results for 2024, revealing notable performance improvements. The company's revenue climbed by 14.4% to EUR 263.7 million, and its EBIT soared by 48.5% to EUR 67.6 million. Net profit increased by 23.1%, reaching EUR 20.2 million.

The company's acquisition efforts were significant, with a stake increase in Lea Bank AB to 20.9%. Despite increases in expenses, disciplined cost controls and strategic investments underpinned robust profit growth.

Assets rose by 10.9% due to growth in debt investments and loans, which reflects Multitude's focused expansion. With two completed share buybacks and a proposed EUR 0.44 dividend per share, shareholder value remains a priority.

Going forward, Multitude maintains net profit guidance for 2025 and 2026, further supported by continued partnerships and market strategy diversity.