Mellenu Holding S.A. Reports Strong H1 2026 Results

Mellenu Holding S.A., a leading digital consumer lending group in Europe, has announced its unaudited consolidated results for the six months ending 30 June 2026. The Group reported an Adjusted EBITDA of €24.5 million, representing a margin of 27%. The management-led buyout and shareholder restructuring continue to make progress.

Mellenu's online loan issuance stood at €228.5 million, a decrease from the prior year, aligning with the Group's focus on disciplined lending. Despite lower interest income of €83.0 million, the Group achieved a net profit increase to €6.2 million, marking an 8% growth. Improved credit and portfolio quality led to a 15% reduction in net impairment charges.

Liquidity remains strong with €81.6 million in cash, following the redemption of EUR 2026 bonds. CEO Nick Philpott underscores the significance of sustainable growth, with strategic expansions in Georgia and the UK joint venture driving future ambitions.