Fintech firm Moltiply Group H1 revenue rises on Mavriq division growth
Fintech firm Moltiply Group H1 revenue rises on Mavriq division growth
Overview
Italy financial services group's first-half 2026 revenue grew 13.7% yr/yr
EBITDA for first half 2026 rose 20.8% yr/yr
Net income for first half 2026 up 69.0% yr/yr
Outlook
Moltiply expects Mavriq Energy & Telco to show improved year-on-year performance in Q3
Company expects BPO&Tech EBITDA growth in H2 at pace similar to H1
Moltiply Insurance sees structural growth from mandatory coverage for small businesses
Result Drivers
MAVRIQ DIVISION GROWTH - Revenue growth was mainly driven by a 31.7% increase in Mavriq Division revenues
BPO&TECH MARGIN IMPROVEMENT - BPO&Tech Division margins rose due to favorable service mix and productivity improvements, despite 8.0% revenue decline
INSURANCE SEGMENT DRIVERS - Insurance business grew due to regulatory changes and increased claims activity
Company press release: ID:nBIA3Kgqwj
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 343.10 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer lending peer group is "buy."
Wall Street's median 12-month price target for Moltiply Group S.p.A. is €56.54, about 60.6% above its September 7 closing price of €35.20
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago
Reuters Recommended Reads
Sept 8 - UK's Funding Circle H1 revenue up 50% on term loans growth; lifts FY outlook
Sept 7 - Italy's Intesa sees 60% of financial benefits from Monte dei Paschi deal in 2028
Sept 7 - UK's Ashmore FY26 profit rises 17% as AuM grows 13%
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)