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Eurocent S.A. reported consolidated operating loss of PLN 2.7 million and consolidated net loss of PLN 3.2 million for the second quarter of 2017.
SIA ExpressCredit Group’s turnover for the 1st half of 2017 reached EUR 8.7 m and Group worked with unaudited net consolidated profit of EUR 1.44 m.
The Group’s operations during the period from 1 January to 30 June 2017 has been successful. In line with plans, total revenue for the period was up by 25.4% against the 2016 respective period and reached 8 718 678 euro.
Agris Evertovskis comments on 2017 1st half year results: “The growth of the Group’s performance in comparison with the previous half-year is significant. The company’s financial position and operating results are the best…
AS “mogo” earns 2.1 million during the first 6 months of 2017.
Turnover amounted to EUR 6.3 million (31% increase, compared to the same period in 2016), EBITDA reached EUR 3.7 million (29% increase, compared to the same period in 2016), net profit was EUR 2.1 million (50% increase, compared to the same period in 2016) and net profit margin was 33% (15% increase, compared to the same period in 2016).
As at 30 June 2017 gross value of the lease portfolio reached 29.6 million euro (11% increase, compared to 31 December 2016).
Interim Condensed Statement of Profit or Loss…
In the second quarter of 2017 Capitalia reported total revenues of EUR 648 thousands (year-to-date), which is an increase by 52% compared to the respective period in 2016. (more…)
FinTech Profile interviews Boris Batine, the Co-founder of ID Finance; a data science, credit scoring and digital finance company that is pioneering fintech innovation in emerging markets.
Romanian alternative lending company Extra Finance has started a new line of business financing small- to medium-sized residential real-estate projects. Extra Finance will offer these loans to investors on the Mintos marketplace. (more…)
Information about publishing SIA ExpressCredit financial reports for 2017, in accordance with AS Nasdaq Riga rules On Listing and Trading of Financial Instruments in the Markets Regulated by the Exchange, is summarized below. (more…)
One of the major loan originators on the Mintos marketplace, Mogo, shares its 2017 Q1 results with our investors. (more…)
During the second year of its activities the largest non-bank invoice financing company in Lithuania increased the factoring portfolio by four times – up to EUR 2.5 million and financed invoices for EUR 11.2 million. Invoice financing facility was used by more than 100 small and medium-sized businesses who financed 1 790 invoices. (more…)