Aug 08, 2019 / 08:30AM GMT
Samir Desai - Funding Circle Holdings plc - Co-founder, CEO & Director
Okay. Great. So we'll get going. So thank you for coming to Funding Circle for H1 2019 results. What we thought we do is I will talk a little bit about highlights, just talk about the Funding Circle story. I'll hand over to Sean to talk through the financials. And then we'll finish off with a bit of market analysis and the outlook.
Obviously, we put out an update on -- in Q2, in early July, on our outlook for the rest of the year. And we've recognized that by saying that we will grow revenues by around circa 20% in 2019. That's a change to the guidance that we put out previously at the beginning of the year. However, based on what we're seeing in the macroeconomic environment and proactive decisions we've taken to tighten credit and protect investor returns, we think that's in the long-term interest of the business and what we should be doing as a platform-based business.
So in 2019, we grew loans under management to a record GBP 3.54 billion. That's nearly GBP 1 billion more than what we've put into the IPO
Half Year 2019 Funding Circle Holdings PLC Earnings Call Transcript
Aug 08, 2019
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers