STOCKHOLM, Sweden, Nov. 28, 2013 (GLOBE NEWSWIRE) -- TrustBuddy is pleased to announce that the net revenue margin (after paying the lenders) is increasing which is evident from today's Q3 report (January to September 2013). During this 9-month period net revenues amounted to SEK 61.2m (vs 23.7m comparative period of 2012). During the same period TrustBuddy had facilitated loans of SEK 400m (vs 166m comparative period of 2012). Hence, the net revenue margin reaches over 15% (vs previously communicated 10%).
For additional information, please contact:
Jens Glasoe, CEO, TrustBuddy International AB (publ)
+47 40 40 47 50
About TrustBuddy International AB (publ)
TrustBuddy International AB (publ) is one of the first in the world to focus on arranging loans and capital provision between buddies in Scandinavia in an organised manner. The company is listed at NASDAQ OMX First North in Stockholm.
Mangold Fondkommission AB is TrustBuddy International AB (publ):s Certified Adviser and market maker, contact number: +46 8-503 015 50.
Source:TrustBuddy International AB