DGAP-News: FinLab AG

- Excellent half-year figures for FinLab AG as at 06/30/2017

- Net profit in the IFRS period up from EUR 0.4 million to EUR 3.0 million and overall income under the IFRS up from EUR 0.6 million to EUR 7.6 million

- Investment portfolio reaches important milestones

Frankfurt am Main, 08/31/2017 - With income of EUR 3.0 million, FinLab AG (ISIN: DE0001218063 / WKN: 121806, Ticker: A7A.GR) posted excellent figures in the first half of 2017, thereby significantly improving net profit in the IFRS period compared to the previous year (EUR 0.4 million). The earnings per share (undiluted) stand at EUR 0.65. For the overall income in the first half of 2017 under the IFRS, including the change in the revaluation reserve, FinLab actually generated a profit of EUR 7.6 million (previous year: EUR 0.6 million). The net asset value (NAV) as at 06/30/2017 therefore increased to EUR 16.13/share from EUR 14.79/share as at 12/31/2016.

The investment in Deposit Solutions continues to demonstrate particularly dynamic growth. Shortly after the announcement of a savings deposits growth record of over EUR 2 billion, the takeover of competitor Savedo was announced in August 2017. With over 18,000 registered investors, 13 partner banks and two new foreign markets in Austria and the Netherlands, Savedo represents a strong expansion of Deposit Solutions B2C business.

The investment in Heliad Equity Partners GmbH & Co KGaA also impressed, posting excellent figures in the first half of 2017. Profit for this period therefore amounted to EUR 10.8 million, resulting in a NAV increase to EUR 9.16/share, equating to a price potential of almost 50 per cent.

FinLab subsidiary Patriarch MultiManager GmbH launched Robo-Advisor "truevest" at the beginning of the year. With powerful online asset management, investors can manage their assets flexibly and cost-effectively, while also benefiting from Patriarch's extensive experience as a product developer with a long-term track record. Users have access to tried and tested investment strategies that currently manage a volume of more than EUR 90 million.

In May, FinLab also successfully invested in Fintech-SaaS pioneer FastBill. FastBill is the end-to-end online financial management solution for small businesses and for the self-employed. By integrating banking, accounting services and assistance systems into one simple user interface, day-to-day tasks in the workplace are rapidly optimized and accounting processes are comprehensively mapped in the background.

In addition, the crowd-investing real estate platform "Engel und Völkers Capital" (www.ev-capital.de), jointly run by Berlin-based Fintech Kapilendo AG and Engel & Völkers Capital AG, was launched in June 2017. The platform focuses on financing projects in the construction and property sectors. Each of the listed projects is examined by well-known partners and runs through a specially developed analysis process based on economic parameters. Project volumes on the new platform range from EUR 1 million to EUR 50 million, with a total volume of up to EUR 300 million. In addition, full funding is guaranteed for each offered project, which is a novelty in real estate crowd-investing.

"We are very pleased with the operation," said Kai Panitzki, Management Board Member at FinLab AG. "Our portfolio is showing strong momentum, and both the development of valuations and the company's success are very impressive. We want to continue to show this momentum, and we will make further interesting announcements in the coming quarters."

About FinLab AG:
Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and one of the largest company builders and investors focused on the Financial Services Technologies ("fintech") sector in Europe. FinLab focuses on developing German fintech start-ups and providing venture capital for their financial needs, whereas in each case the aim is a long-term participation and ongoing support of the investment. FinLab also invests globally, as part of venture rounds, in fintech companies, primarily in the USA and Asia.

Media contact:
FinLab AG
Kai Panitzki
investor-relations@finlab.de
Telefon: +49 (0) 69 719 12 80 - 0