Vend Marketplaces ASA

Quarterly Report • Oct 25, 2024

Schibsted Marketplaces

Financials and analytical info Q3 2024

• 1. Profit loss statement
• 1. Balance sheet
• 1. Cash flow
• 1. Segment overview
• 1. Nordic Marketplaces
• 1. Delivery
• 1. Growth & Investments

For details on Adevinta, please refer to Adevinta's reporting on adevinta.com/ir

For questions, please contact Schibsted Marketplaces IR:

Jann-Boje Meinecke, Head of IR ir@schibsted.com +47 941 00 835

Malin Ebenfelt, IR Officer ir@schibsted.com +47 916 86 710

schibsted.com/ir

											SCHIBSTED MARKETPLACES GROUP
1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter	CONDENSED CONSOLIDATED		Year to date Year to date	Full year	Full year
2022	2022	2022	2022	2023	2023	2023	2023	2024	2024	2024	INCOME STATEMENT	2024	2023	2023	2022
				re-presented re-presented re-presented re-presented re-presented re-presented re-presented re-presented re-presented											re-presented re-presented re-presented
954	1,027	1,002	983	1,074	1,192	1,159	1,109	1,191	1,337		1,292 Classified revenues	3,820	3,425	4,534	3,965
156	172	139	172	129	151	133	162	108	148		119 Advertising revenues	375	413	576	639
1,065	1,052	1,097	1,155	1,118	1,113	1,067	1,090	1,022	1,040		1,196 Other revenues	3,257	3,298	4,387	4,370
2,176	2,250	2,239	2,310	2,322	2,456	2,359	2,360	2,321	2,525		2,607 Operating revenues	7,453	7,137	9,497	8,974
(57)	(31)	(27)	(34)	(31)	(23)	(23)	(26)	(28)	(20)		(19) Raw materials and finished goods	(67)	(77)	(103)	(149)
(727)	(776)	(701)	(808)	(805)	(839)	(750)	(869)	(881)	(866)		(797) Personnel expenses	(2,544)	(2,393)	(3,262)	(3,012)
(995)	(995)	(959)	(1,003)	(1,063)	(1,056)	(1,013)	(1,046)	(1,018)	(1,093)		(1,121) Other operating expenses	(3,232)	(3,132)	(4,178)	(3,951)
397	447	553	465	422	538	574	420	394	546		670 Gross operating profit (loss) - EBITDA	1,610	1,534	1,954	1,862
(139)	(151)	(153)	(167)	(174)	(183)	(181)	(217)	(194)	(199)		(234) Depreciation and amortisation	(627)	(538)	(755)	(611)
(2)	(6)	(0)	(22)	(9)	0	(22)	(17)	0	(2)		0 Impairment loss	(2)	(31)	(47)	(30)
1	1	-	-	23	17	12	3	-	-		5 Other income		1 51	55	2
(31)	(46)	(28)	(41)	(54)	(15)	(4)	(69)	(111)	(128)		(97) Other expenses	(331)	(74)	(142)	(147)
226	245	372	234	208	357	378	121	88	218		345 Operating profit (loss)	651	943	1,064	1,076
(41)	(56)	(35)	(50)	(23)	(1)	(23)	(24)	(17)	(26)		(13) Share of profit (loss) of joint ventures and associates	(55)	(47)	(70)	(182)
-	(24)	(37)	(28)	(10)	(6)	(34)	(38)	(43)	(3)		(49) Impairment loss on joint ventures and associates (recognised or reversed)	(95)	(50)	(88)	(89)
1	1	16	(30)	-	-	1	1	(2)	-		(0) Gains (losses) on disposal of joint ventures and associates	(2)	1		2 (12)
81	14	4		17 319	47	1,297	214	16	116		5,125 Financial income	5,226	1,664	1,701	116
(65)	(88)	(93)	(550)	(140)	(394)	(125)	(122)	(113)	(119)		(268) Financial expense	(468)	(660)	(605)	(796)
202	91	228	(406)	354	3	1,495	152	(70)	186		5,141 Profit (loss) before taxes	5,257	1,852	2,004	115
(50)	(56)	(83)	(60)	(48)	(78)	(88)	(32)	(35)	(65)		(106) Taxes	(207)	(214)	(247)	(249)
153	35	145	(466)	306	(76)	1,407	120	(106)	121		5,035 Profit (loss) from continuing operations	5,050	1,637	1,757	(134)
(13,589)	(6,446)	(3,282)	929	1,865	(1,873)	13,049	2,078	(1,114)	6,604		69 Profit (loss) from discontinued operations	5,560	13,041	15,119	(22,389)
(13,436)	(6,412)	(3,137)	464	2,170	(1,949)	14,456	2,198	(1,220)	6,725		5,104 Profit (loss)	10,610	14,678	16,876	(22,521)
											Profit (loss) attributable to:
18 (13,454)	19 (6,430)	15 (3,152)	454	9 10 2,160	21 (1,969)	19 14,437	18 2,180	17 (1,237)	5 6,721		1 Non-controlling interests 5,103 Owners of the parent	23 10,587	50 14,628	68 16,808	60 (22,582)
											Earnings per share (NOK)
(57.49)	(27.48)	(13.46)	1.94	9.34	(8.59)	63.74	9.68	(5.49)	29.21		21.86 Basic	46.11	63.87	73.70	(96.53)
(57.49)	(27.48)	(13.46)	1.94	9.33	(8.59)	63.64	9.66	(5.49)	29.16		21.82 Diluted (1)	45.98	63.77	73.53	(96.53)
0.44	0.75	0.04	(0.45)	(23.07)	(4.38)	1.17	0.47	(4.36)	1.03		22.16 Basic - adjusted	19.22	(26.54)	(26.19)	0.77
0.44	0.75	0.04	(0.45)	(23.05)	(4.38)	1.17	0.47	(4.36)	1.02		22.12 Diluted - adjusted (1)	19.16	(26.49)	(26.13)	0.77

(1) Diluted EPS disclosed in Q1 to Q3 2022 have been restated in accordance with accounting standards.

NOK million

CONDENSED CONSOLIDATED	31.03	30.06	30.09	31.12	31.03	30.06	30.09	31.12	31.03	30.06	30.09
STATEMENT OF FINANCIAL POSITION	2022	2022	2022	2022	2023	2023	2023	2023	2024	2024	2024
	restated	restated	restated	restated	restated	restated	restated
Intangible assets	9,373	10,016	10,225	10,389	11,079	11,279	10,968	11,091	11,493	9,627	9,864
Property, plant and equipment	532	525	526	535	537	564	547	580	570	205	211
Right-of-use assets	1,369	1,957	1,868	1,796	2,002	2,039	1,955	1,944	2,010	889	881
Investments in joint ventures and associates	33,880	29,883	27,380	23,523	26,503	25,177	37,427	39,721	932	535	482
Deferred tax assets	604	579	583	584	568	540	508	540	509	299	284
Equity instruments	894	878	864	901	860	763	760	823	776	16,469	21,284
Other non-current assets	69	42	44	36	37	62	58	48	43	35	24
Non-current assets	46,723	43,880	41,489	37,763	41,585	40,424	52,223	54,747	16,333	28,058	33,029
Contract assets	247	254	191	167	129	156	165	145	157	115	110
Trade receivables and other current assets	1,940	1,993	2,222	2,040	2,173	2,180	3,156	2,243	2,375	1,775	1,695
Cash and cash equivalents	1,337	293	287	3,738	2,683	1,487	1,100	1,279	263	8,932	6,406
Assets held for sale	-	-	-	-	-	-	16	-	39,239	-	-
Current assets	3,524	2,541	2,700	5,945	4,985	3,823	4,438	3,667	42,033	10,822	8,211
Total assets	50,246	46,421	44,189	43,708	46,570	44,247	56,661	58,414	58,367	38,881	41,241
Paid-in equity	7,061	7,068	7,080	7,095	7,092	7,113	7,135	7,160	7,144	7,162	7,192
Other equity	27,910	23,819	21,417	21,410	24,421	22,251	35,103	37,301	37,685	23,249	26,335
Equity attributable to owners of the parent	34,972	30,887	28,497	28,505	31,513	29,364	42,238	44,461	44,829	30,412	33,527
Non-controlling interests	185	137	152	161	178	112	130	142	145	16	18
Equity	35,156	31,024	28,650	28,666	31,691	29,476	42,368	44,603	44,975	30,428	33,545
Deferred tax liabilities	550	580	564	502	530	535	499	417	422	404	437
Pension liabilities	1,044	1,045	1,182	1,145	1,085	1,037	1,047	1,196	1,155	471	469
Non-current interest-bearing loans and borrowings	4,587	5,657	5,670	4,630	4,142	4,906	4,906	4,872	4,876	3,022	3,016
Non-current lease liabilities	1,244	1,874	1,809	1,755	1,941	1,977	1,894	1,868	1,881	778	763
Other non-current liabilities	511	567	544	588	610	436	427	282	381	256	262
Non-current liabilities	7,936	9,723	9,769	8,620	8,309	8,891	8,772	8,636	8,714	4,931	4,948
Current interest-bearing loans and borrowings	3,271	1,674	1,676	1,724	2,005	1,233	1,229	780	284	-	-
Income tax payable	141	105	169	232	151	121	108	246	164	149	152
Current lease liabilities	327	306	301	325	343	334	351	368	384	165	162
Contract liabilities	618	628	611	574	689	651	620	632	675	194	188
Other current liabilities	2,797	2,961	3,014	3,567	3,381	3,539	3,191	3,149	3,171	3,013	2,245
Liabilities held for sale	-	-	-	-	-	-	21	-	-	-	-
Current liabilities	7,154	5,674	5,770	6,423	6,569	5,879	5,521	5,175	4,678	3,521	2,748
Total equity and liabilities	50,246	46,421	44,189	43,708	46,570	44,247	56,661	58,414	58,367	38,881	41,241

Restatement of the periods Q1 2022 to Q3 2023 is due to a prior period error. The error is related to a financial liability not having been recognised for the obligation to acquire non-controlling interests in a subsidiary.

NOK million

CONDENSED CONSOLIDATED	31.03	30.06	30.09	31.12	31.03	30.06	30.09	31.12	31.03	30.06	30.09
STATEMENT OF CASH FLOWS	2022	2022	2022	2022	2023	2023	2023	2023	2024	2024	2024
			re-presented re-presented re-presented re-presented re-presented				re-presented re-presented re-presented re-presented
Profit (loss) before taxes from continuing operations	203	293	521	116	353	356	1,851	2,003	(70)	116	5,257
Profit (loss) before taxes from discontinued operations	(13,594)	(20,034)	(23,324)	(22,360)	1,826	(45)	13,013	15,160	(1,125)	5,478	5,547
Depreciation, amortisation and impairment losses (recognised or reversed)	13,796	20,643	24,079	23,971	(6,959)	(5,877)	(18,579)	(20,401)	454	713	995
Net interest expense (income)	55	120	191	267	68	156	253	358	95	129	96
Net effect pension liabilities	(47)	(45)	(33)	(22)	(59)	(108)	(98)	(88)	(50)	(78)	(83)
Share of loss (profit) of joint ventures and associates	53	41	212	482	5,295	6,385	6,340	6,328	944	963	975
Dividends received from joint ventures and associates		- 55	55	56		- 25	25	25	-	-	-
Interest received	2	5	8	24	31	61	87	105	14	75	164
Interest paid	(46)	(130)	(184)	(266)	(85)	(194)	(298)	(425)	(99)	(201)	(253)
Taxes paid	(81)	(190)	(206)	(260)	(104)	(216)	(273)	(327)	(121)	(233)	(281)
Non-operating gains and losses	(64)	(37)	(30)	(233)	(263)	3	(1,184)	(1,117)	89	(6,513)	(11,403)
Change in working capital and provisions	(141)	(187)	(319)	(90)	113	112	50	87	(23)	(107)	51
Net cash flow from operating activities	137	535	970	1,684	215	658	1,186	1,708	108	341	1,065
- of which from continuing operations					237	591	1,105	1,363	100	280	1,004
- of which from discontinued operations					(21)	67	81	345	8	61	61
Net cash flow from investing activities	(744)	(1,103)	(1,377)	2,616	(216)	(726)	(1,002)	(700)	(499)	27,741	27,474
- of which from continuing operations					(139)	(526)	(718)	87	(428)	(589)	(787)
- of which from discontinued operations					(77)	(200)	(284)	(787)	(71)	28,329	28,261
Net cash flow from financing activities	847	(249)	(417)	(1,672)	(1,062)	(2,192)	(2,824)	(3,474)	(627)	(20,428)	(23,415)
- of which from continuing operations					(1,009)	(2,089)	(2,661)	(3,259)	(572)	(20,308)	(23,295)
- of which from discontinued operations					(53)	(103)	(163)	(215)	(55)	(120)	(120)
Effect of exchange rate changes on cash and cash equivalents	(11)	3	4	2	8	9	6	8	1	-	3
Net increase (decrease) in cash and cash equivalents	229	(815)	(821)	2,630	(1,055)	(2,251)	(2,634)	(2,458)	(1,017)	7,653	5,127
Cash and cash equivalents at start of period	1,108	1,108	1,108	1,108	3,738	3,738	3,738	3,738	1,279	1,279	1,279
Cash and cash equivalents at end of period	1,337	293	287	3,738	2,683	1,487	1,104	1,279	263	8,932	6,406
- of which cash and cash equivalents in assets held for sale		-	-	-	-	- -	4		- -	-	-
- of which cash and cash equivalents excluding assets held for sale	1,337	293	287	3,738	2,683	1,487	1,100	1,279	263	8,932	6,406

NOK million
1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter		Year to date	Year to date	Full year	Full year
2022	2022	2022	2022	2023	2023	2023	2023	2024	2024	2024	SCHIBSTED MARKETPLACES GROUP	2024	2023	2023	2022
		re-presented re-presented re-presented re-presented re-presented re-presented re-presented re-presented re-presented												re-presented re-presented re-presented
											Operating revenues
1,171	1,274	1,209	1,203	1,278	1,440	1,361	1,327	1,377	1,532		1,466 Nordic Marketplaces	4,375	4,080	5,407	4,856
477	413	425	506	471	428	410	443	430	469		599 Delivery	1,498	1,309	1,753	1,822
451	488	541	568	516	523	531	537	458	453		496 Growth & Investments	1,407	1,569	2,107	2,048
182	193	187	192	216	231	218	231	242	271		252 Other/Headquarters	765	665	897	754
(105)	(119)	(124)	(159)	(158)	(167)	(162)	(179)	(186)	(200)		(206) Eliminations	(592)	(487)	(666)	(507)
2,176	2,250	2,239	2,310	2,322	2,456	2,359	2,360	2,321	2,525		2,607 Schibsted Marketplaces Group	7,453	7,137	9,497	8,974
											EBITDA
443	549	486	430	420	526	504	418	411	568		565 Nordic Marketplaces	1,544	1,450	1,868	1,908
(13)	(28)	(13)	4	(3)	(4)	1	20	1	12		35 Delivery	48	(6)	14	(50)
26	33	104	103	52	67	93	76	40	53		109 Growth & Investments	201	212	288	266
(59)	(107)	(24)	(71)	(47)	(50)	(23)	(94)	(59)	(86)		(39) Other/Headquarters	(184)	(121)	(215)	(261)
397	447	553	465	422	538	574	420	394	546		670 Schibsted Marketplaces Group	1,610	1,534	1,954	1,862

NOK million 1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter			Year to date Year to date Full year		Full year
2022	2022	2022	2022	2023	2023	2023	2023	2024	2024	2024	Nordic Marketplaces	2024	2023	2023	2022
											Nordic Marketplaces total
955 131	1,026 149	1,002 123	983 136	1,073 118	1,191 141	1,158 120	1,108 131	1,190 100	1,335 120		1,290 Classifieds revenues 101 Advertising revenues	3,814 321	3,422 378	4,530 510	3,967 538
84	99	84	84	87	109	83	88	87	77		75 Other revenues	239	279	367	352
1,171 33 %	1,274 22 %	1,209 8 %	1,203 6 %	1,278 9 %	1,440 13 %	1,361 13 %	1,327 10 %	1,377 8 %	1,532 6 %		1,466 Operating revenues 8 % YOY revenue growth	4,375 7 %	4,080 12 %	5,407 11 %	4,856 16 %
(727) 443	(725) 549	(723) 486	(772) 430	(858) 420	(915) 526	(858) 504	(909) 418	(966) 411	(964) 568		(901) Operating expenses 565 EBITDA	1,544	(2,830) (2,630) (3,539) (2,948) 1,450	1,868	1,908
38 %	43 %	40 %	36 %	33 %	37 %	37 %	32 %	30 %	37 %		39 % EBITDA-margin	35 %	36 %	35 %	39 %
											Mobility
319 58	366 69	391 57	369 61	383 54	459 70	466 59	444 61	454 49	524 59		525 Classifieds revenues 49 Advertising revenues	1,503 157	1,308 182	1,753 244	1,446 245
49 427	58 493	52 500	44 475	49 485	70 599	47 572	45 550	48 551	50 633		45 Other revenues 620 Operating revenues	144 1,804	166 1,656	210 2,207	203 1,894
				14 %	21 %	14 %	16 %	13 %	6 %		8 % YOY revenue growth	9 %	17 %	16 %
(217) 209	(222) 272	(225) 275	(240) 235	(266) 220	(284) 315	(268) 304	(280) 270	(283) 268	(291) 342		(284) Operating expenses 336 EBITDA	(858) 946	839	(817) (1,098) 1,109	(904) 991
49 %	55 %	55 %	50 %	45 %	53 %	53 %	49 %	49 %	54 %		54 % EBITDA-margin	52 %	51 %	50 %	52 %
392	363	309	320	369	324	283	291	345	318		Jobs 278 Classifieds revenues	941	977	1,267	1,383
2	2	1	2	2	2	1	2	2	1		0 Advertising revenues	3	5	7	7
3 397	3 367	2 312	3 324	3 375	3 329	4 288	3 296	2 349	1 321		3 Other revenues 281 Operating revenues	6 951	10 992	14 1,288	10 1,400
(166)	(145)	(151)	(156)	-6 % (177)	-10 % (166)	-8 % (161)	-9 % (171)	-7 % (191)	-3 % (168)		-2 % YOY revenue growth (158) Operating expenses	-4 % (517)	-8 % (504)	-8 % (674)	(618)
231	222	161	168	198	163	127	125	158	152		123 EBITDA	433	488	613	782
58 %	60 %	52 %	52 %	53 %	50 %	44 %	42 %	45 %	47 %		44 % EBITDA-margin	46 %	49 %	48 %	56 %
147	193	192	178	190	261	249	210	228	319		Real Estate 295 Classifieds revenues	843	700	910	711
18	20	17	18	14	17	16	15	12	14		13 Advertising revenues	39	47	63	74
11 177	13 226	12 221	10 206	12 216	17 295	15 280	11 236	10 250	8 341		8 Other revenues 316 Operating revenues	26 907	43 791	54 1,027	46 830
				22 %	31 %	26 %	14 %	16 %	16 %		13 % YOY revenue growth	15 %	27 %	24 %
(129) 48	(128) 97	(129) 93	(132) 74	(152) 64	(167) 128	(160) 120	(156) 80	(186) 64	(188) 153		(172) Operating expenses 144 EBITDA	(546) 362	(479) 312	(635) 392	(518) 312
27 %	43 %	42 %	36 %	30 %	43 %	43 %	34 %	26 %	45 %		46 % EBITDA-margin	40 %	39 %	38 %	38 %
											Recommerce
75 50	73 54	74 44	94 53	102 43	115 49	125 42	142 50	141 36	148 44		158 Classifieds revenues 38 Advertising revenues	447 118	342 133	485 184	316 201
7	6	7	11	10	9	13	16	14	10		13 Other revenues	37	33	48	31
131	134	125	158	155 18 %	173 29 %	180 44 %	208 32 %	190 22 %	201 16 %		210 Operating revenues 17 % YOY revenue growth	601 18 %	508 30 %	717 31 %	547
(195) (63)	(196) (62)	(198) (74)	(224) (67)	(241) (86)	(261) (88)	(247) (67)	(278) (69)	(272) (82)	(274) (73)		(266) Operating expenses (57) EBITDA	(813) (212)	(242)	(750) (1,027) (311)	(813) (266)
-48 %	-46 %	-59 %	-42 %	-55 %	-51 %	-38 %	-33 %	-43 %	-36 %		-27 % EBITDA-margin	-35 %	-48 %	-43 %	-49 %
											Other Nordic Marketplaces (1)
39	54	51	40	46	45	42	37	37	35		39 Operating revenues/eliminations	112	132	169	184
(20) 19	(34) 20	(20) 31	(21) 19	(22) 24	(37) 8	(22) 20	(24) 12	(34) 4	(42) (7)		(21) Operating expenses 18 EBITDA	(97) 15	(81) 52	(105) 64	(95) 89
				0.9480 0.9568 0.9474 0.9501 0.9806 1.0175 0.9695 1.0164 1.0124 1.0059 1.0276 SEK/NOK									1.0153 0.9891 0.9959 0.9506
				1.3349 1.3472 1.3524 1.3971 1.4758 1.5645 1.5301 1.5624 1.5310 1.5501 1.5767 DKK/NOK 9.9327 10.0228 10.0610 10.3919 10.9845 11.6554 11.4042 11.6525 11.4152 11.5635 11.7636 EUR/NOK									1.5526 1.5233 1.5331 1.3579 11.5808 11.3468 11.4232 10.1020
722	804	758	732	785	903	855	781	825	968		Nordic Marketplaces Operating revenues per country 899 Norway	2,692	2,543	3,324	3,016
248	275	259	264	257	292	273	291	305	320		313 Sweden	938	822	1,114	1,046
115	113	117	132	133	143	142	157	157	153		156 Denmark	466	418	574	477
96 (10)	95 (14)	89 (14)	99 (24)	107 (4)	106 (4)	98 (7)	104 (6)	98 (8)	98 (9)		98 Finland (1) Other Nordic Marketplaces (1)	295 (18)	311 (14)	415 (20)	379 (62)
188	224	229	201	207	273	268	223	208	269		Mobility Operating revenues per country 267 Norway	745	749	972	842
156	185	182	181	174	207	188	203	215	235		220 Sweden	670	568	770	704
76	77	79	84	90	98	95	105	110	107		110 Denmark	327	283	388	316
7 -	8 -	8 -	9 -	15 -	20 -	21 -	21 -	19 (2)	23 (2)		24 Finland (1) Eliminations	66 (5)	56 -	77 -	32 -
316	298	249	253	304	270	238	243	298	281		Jobs Operating revenues per country 244 Norway	823	811	1,054	1,115
39	38	35	37	34	32	26	27	22	19		18 Sweden	60	92	119	149
0	0	0	0	-	-	-	-	-	-		- Denmark	-	-	-	0
42 -	31 -	29 -	35 -	37 -	28 -	25 -	26 -	29 -	23 (3)		19 Finland - Eliminations	71 (3)	89 -	115 -	137 -
142	188	181	163	171	245	227	184	195	281		Real Estate Operating revenues per country 247 Norway	723	643	827	674
10	11	13	15	17	18	22	21	27	29		38 Sweden	94	57	79	49
1	1	0	1	1	1	1	1	1	1		1 Denmark	3	2	3	2
24 -	26 -	27 -	27 -	28 -	31 -	30 -	30 -	28 -	30 -		30 Finland - Eliminations	88 -	88 -	118 -	104 -
											Recommerce Operating revenues per country
37 42	44 38	48 26	69 28	66 32	78 36	82 38	102 41	94 41	106 37		108 Norway 37 Sweden	309 115	227 106	329 147	197 134
38	35	36	45	42	42	45	50	44	44		44 Denmark	132	128	178	153
14	17	15	16	15	17	15	16	11	15		21 Finland	47	47	63	63
-	-	-	-	-	-	-	-	-	(1)		- Eliminations	(1)	-	-	-
											Other operating revenues per country
38 1	51 3	52 2	46 4	36 (0)	37 0	40 (0)	29 0	29 0	30 (0)		32 Norway (0) Sweden	92 (0)	113 (1)	142 (1)	188 11
1	1	2	2	1	2	1	1	2	1		1 Denmark	4	4	5	5
9	13	10	12	12	10	8	12	12	7		5 Finland	23	30	42	43
(10)	(14)	(14)	(24)	(4)	(4)	(7)	(6)	(5)	(3)		- Other Nordic Marketplaces (1)	(8)	(14)	(20)	(62)

(1) Other Nordic Marketplaces includes Other businesses outside of the main verticals and eliminations

NOK million
1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter	4 quarter	1 quarter	2 quarter	3 quarter			Year to date Year to date	Full year	Full year
2022	2022	2022	2022	2023	2023	2023	2023	2024	2024	2024	Delivery	2024	2023	2023	2022
											Delivery total
477	413	425	506	471	428	410	443	430	469		599 Operating revenues	1,498	1,309	1,753	1,822
133	129	138	194	166	161	162	187	187	236		272 - of which Helthjem Netthandel	695	489	676	594
-9 %	-13 %	0 %	3 %	-1 %	4 %	-4 %	-12 %	-9 %	10 %		46 % YOY revenue growth	14 %	-1 %	-4 %	-5 %
(490)	(441)	(438)	(503)	(474)	(432)	(409)	(423)	(429)	(457)		(565) Operating expenses	(1,451)	(1,316)	(1,739)	(1,873)
(13)	(28)	(13)	4	(3)	(4)	1	20	1	12		35 EBITDA	48	(6)	14	(50)
-3 %	-7 %	-3 %	1 %	-1 %	-1 %	0 %	5 %	0 %	3 %		6 % EBITDA-margin	3 %	0 %	1 %	-3 %

NOK million
1 quarter 2022	2 quarter 2022	3 quarter 2022	4 quarter 2022	1 quarter 2023	2 quarter 2023	3 quarter 2023	4 quarter 2023	1 quarter 2024	2 quarter 2024	3 quarter 2024	Growth & Investments	2024	Year to date Year to date 2023	Full year 2023	Full year 2022
				re-presented re-presented re-presented re-presented re-presented											re-presented re-presented re-presented
											Growth & Investments total
451	488	541	568	516	523	531	537	458	453		496 Operating revenues	1,407	1,569	2,107	2,048
-8 %	3 %	2 %	8 %	14 %	7 %	-2 %	-5 %	-11 %	-13 %		-7 % YOY revenue growth	-10 %	6 %	3 %	1 %
(425)	(455)	(438)	(465)	(463)	(456)	(438)	(461)	(418)	(401)		(387) Operating expenses	(1,206)	(1,358)	(1,819)	(1,783)
26	33	104	103	52	67	93	76	40	53		109 EBITDA	201	212	288	266
6 %	7 %	19 %	18 %	10 %	13 %	17 %	14 %	9 %	12 %		22 % EBITDA-margin	14 %	13 %	14 %	13 %
											Lendo
297	312	358	323	329	329	339	274	274	260		296 Operating revenues	830	997	1,271	1,290
11 %	20 %	11 %	13 %	11 %	5 %	-5 %	-15 %	-17 %	-21 %		-13 % YOY revenue growth	-17 %	3 %	-1 %	13 %
(257)	(274)	(280)	(282)	(276)	(268)	(264)	(251)	(229)	(221)		(224) Operating expenses	(673)	(808)	(1,059)	(1,094)
40	38	78	41	52	61	75	24	45	39		72 EBITDA	156	188	212	197
13 %	12 %	22 %	13 %	16 %	19 %	22 %	9 %	17 %	15 %		24 % EBITDA-margin	19 %	19 %	17 %	15 %
											Prisjakt
76	78	87	141	92	97	94	146	85	87		99 Operating revenues	271	284	430	382
-15 %	-11 %	6 %	14 %	21 %	26 %	8 %	3 %	-8 %	-11 %		5 % YOY revenue growth	-4 %	18 %	12 %	0 %
(64)	(68)	(59)	(82)	(74)	(82)	(71)	(89)	(67)	(70)		(68) Operating expenses	(205)	(227)	(315)	(272)
12	10	29	59	18	16	23	57	18	17		31 EBITDA	66	57	114	110
16 %	12 %	33 %	42 %	19 %	16 %	25 %	39 %	21 %	20 %		31 % EBITDA-margin	24 %	20 %	27 %	29 %
											Other Growth & Investments (1)
78	98	96	104	95	96	98	117	99	106		101 Operating revenues/eliminations	306	289	406	376
-41 %	-23 %	-24 %	-10 %	22 %	-2 %	2 %	13 %	4 %	10 %		4 % YOY revenue growth	6 %	6 %	8 %	-25 %
(104)	(113)	(99)	(101)	(112)	(107)	(103)	(122)	(123)	(110)		(95) Operating expenses	(327)	(322)	(445)	(417)
(26)	(14)	(3)		3 (18)	(10)	(5)	(5)	(24)	(4)		6 EBITDA	(21)	(33)	(39)	(41)
-34 %	-15 %	-3 %	3 %	-19 %	-11 %	-6 %	-4 %	-24 %	-3 %		6 % EBITDA-margin	-7 %	-12 %	-9 %	-11 %

(1) Other Growth & Investments includes MittAnbud, 3byggetilbud, Servicefinder, Elton, Schibsted Growth HQ, other Growth & Investments assets, SPT cost allocation and eliminations