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Q1 2022 Banca IFIS SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Banca IFIS First Quarter 2022 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Frederik Geertman, CEO. Please go ahead, sir.
Thank you, and good afternoon, everybody. Welcome to Banca IFIS's first quarter results. I will present a few slides of the presentation that you can download from our side, and we will leave as we usually do more time for Q&A, then we will devote to the presentation.
I would take you to Page 4 of the presentation, starting with what we think are the key deliveries that we executed in the first quarter. We posted net income of EUR 35 million, which is 71% Q-on-Q and 74% year-on-year, confirming our track record in growing the core businesses. And we emphasize that because most of the dynamic that we've seen in this result comes from the revenues. We posted revenues of EUR 163 million, which is
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