Tum Finance first-half group profit rises to €7.15 million
Revenue and operating profit improve
Tum Finance plc reported consolidated revenue of €1.65 million for the six months ended 30 June 2026, up from €1.32 million in the same period last year.
Operating profit increased to approximately €1.03 million, compared with €980,726 in the first half of 2025. Finance costs, however, rose to €1.19 million from €881,576.
Sublease gain boosts first-half result
The Group’s performance was significantly supported by a €7.38 million gain arising from the commencement of a sublease.
Profit before tax reached €7.45 million, more than double the €3.32 million recorded a year earlier. After tax, profit for the period increased to approximately €7.15 million, from €2.81 million.
The parent company separately reported a profit before tax of €16,982.
Equity rises to €94.09 million
At the end of June, consolidated assets stood at €190.32 million, while total equity increased to €94.09 million from €65.22 million at the end of 2025.
The interim report also notes the capitalisation of a shareholder loan, which contributed to an increase in both share capital and share premium.
During the period, Tum Finance also disclosed the acquisition of a commercial property in southern Malta, which is intended to be redeveloped into a shopping complex.
No interim dividend was recommended.
Disclaimer: Interim reports may reflect only the issuing company and may not include the financial performance of its group companies.