Nordnet 9M 2021 Financial Overview
Large part of total income is recurring
Adjusted revenue by income type¹
SEKM
Net transaction related
Other income
Net non-transaction related
Net Interest income
Net financial transactions
3506
10
130
CAGR +43%
681
2679
69
472
604
348
1 508
1310
59
70-0
4
498
378
2212
279
1673
254
617
661
Recurring
Partly recurring
Nordnet
Regionally diversified recurring income 2
SEKM
Sweden
Norway
Denmark
Finland
1 283
97
1 020
136
846
54
70]
Margin lending
Mortgage
280
690
44 36
220
Unsecured loans
Securities lending
42-4
189
43
126
Liquidity portfolio
Resilient margins
Great addressable market
Own fund company started
770
676
578
480
2018
2019
2020
LTM 9M 2021
Cost coverage
Total income excluding transaction related income in relation
to operating expenses
Part of the transaction related
income is re-occurring with our
lowest level being increased due to
higher customer base and
improved offering
95%
77%
62%
2018
2019
-14
2020
LTM 9M 2021
2018
(1) Adjusted revenue, subtracting SEK66m in 2019 from net financial transactions; (2) Recurring income includes "Net non-transaction related", "Net interest income" and "Other Income"
Public presentation
115%
2019
2020
LTM 9M 2021
25View entire presentation