Funding Circle Holdings PLC (STU:FCA)
€ 1.55 -0.07 (-4.32%) Market Cap: 498.33 Mil Enterprise Value: 397.51 Mil PE Ratio: 0.90 PB Ratio: 1.90 GF Score: 44/100

Half Year 2022 Funding Circle Holdings PLC Earnings Call Transcript

Sep 08, 2022 / 08:30AM GMT
Release Date Price: €0.41
Lisa Jacobs
Funding Circle Holdings plc - CEO & Executive Director

And thank you for joining us today. I'm here with our CFO, Oliver White, and we're pleased to be able to share our half year results. I'll start with a brief overview, pass to Oliver for the financial results and then finish with an update on our medium-term plan before we open up for your questions. Our mission is to build a place where small businesses get the funding they need to win. Over the last 12 years, we've used our data and technology to solve the big problem of small business lending. For our businesses, like David's flower station, who is celebrating their 20th year in business, we deliver a quick and easy experience.

We have transformed the small business borrowing process from something slow, arcane and paper-based into something that is quick, easy and online. This allows our SME owners to concentrate on doing what they do best, running their business. For our platform investors, we've opened up a new attractive asset class, delivering robust and attractive returns. We use our deep data lake, which has over 2

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