Here are Roni’s comments as Multitude increases its ownership in Sortter ![]()
Multitude announced yesterday that it has signed an agreement to acquire a majority stake in the Finnish financial services comparison platform Sortter Oy. Multitude previously held a 19.97% minority stake in the company, which it acquired in 2023. Sortter’s growth history has been impressive in recent years, and the business also turned profitable last year. Multitude had an option to increase its stake after three years of ownership, so the increase in ownership did not come as a surprise. Since Sortter is a profitable company, the increased ownership places some upward pressure on our earnings forecasts. Multitude presents its Q1 report today, and we aim to obtain further information during the day.