Earnings release
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$ 8 . LEONTEQ PRESS RELEASE LEONTEQ PUBLISHES HALF - YEAR 2021 RESULTS Zurich , 22 July 2021 | Ad hoc announcement pursuant to Art . 53 LR Leonteq AG ( SIX : LEON ) achieved record revenues and profits in the first half of 2021 , resulting from strong client activity , disciplined risk management and the focused execution of its strategy . Financial highlights in H1 2021 • Group net profit of CHF 74.4 million ( H1 2020 : CHF 5.5 million ) ; earnings per share of CHF 4.04 ( H1 2020 : CHF 0.29 ) ● Further improvement in business diversification and revenue quality in H1 2021 Balance sheet light turnover increased by 67 % to CHF 1.5 billion , corresponding to approximately 9 % of total turnover ( up 3 percentage points ) ● Total operating income of CHF 205.8 million , up 99 % year - on - year , driven by strong net fee income of CHF 170.0 million and positive net trading result of CHF 35.4 million Capital target reached six months ahead of guidance , with the capital base totalling CHF 800.2 million at the end of June 2021 ● Total turnover grew by 3 % to CHF 15.9 billion , driven by 26 % increase in turnover in Leonteq's own products to CHF 7.8 billion Asset management - like revenues increased by 56 % to CHF 31.2 million Revenues from fund derivatives rose to CHF 20.6 million , a ten - fold increase year - on - year Revenues from products with crypto assets as underlyings grew to CHF 9.2 million , representing a fifteen - fold increase year - on - year Continued focused execution of strategy LynQs developing into a one - stop - shop for investment solutions ; click ' n ' trade platform launched and more than 40 clients and partners onboarded on white - labelled platforms White - labelling set - up with Basler Kantonalbank and Banque Internationale à Luxembourg completed ; turnover of more than CHF 350 million generated in Q2 2021 Outlook Following record results in H1 2021 , performance expected to normalise in H2 2021 Group net profit of more than CHF 100 million targeted for the full - year 2021 Income statement CHF million Total operating income of which net fee income of which net trading results Total operating expenses Profit before taxes Group net profit H1 2021 205.8 170.0 35.4 ( 125.2 ) 80.6 74.4 H2 2020 131.0 121.6 8.7 ( 99.2 ) 31.8 34.4 H1 2020 103.5 213.0 ( 107.1 ) ( 98.7 ) 4.8 5.5 LEONTEQ AG Europaallee 39 | CH - 8004 Zurich | Phone +41 58 800 1855 | investorrelations@leonteq.com | www.leonteq.com Change vs H1 2020 99 % ( 20 % ) ΝΑ 27 % ΝΑ ΝΑ Change vs H2 2020 57 % 40 % 307 % 26 % 153 % 116 %