creditshelf Aktiengesellschaft updated earnings forecast for the financial year 2023. For the period, the company expects consolidated revenues of EUR 4.0 to EUR 5.0 million. Previously, the Management Board had assumed that the existing funding shortage on the creditshelf platform could be resolved well before the end of the year and had therefore anticipated revenues of EUR 5 to 7 million.

Management now expects the respective funding not be usable before year-end. On the basis of a preliminary group EBIT of minus EUR 1.2 million in 9M 2023 and a lowered cost base, the Management Board continues to adhere to the issued EBIT forecast range of minus EUR 1 million to minus EUR 2 million.