Eleving Group reports ending 2023 with a €23.4 million net profit
Eleving Group has announced unaudited results for the full year of 2023. The Company has provided the following operational and financial information: At the end of 2023, Eleving Group recorded €77.2 million in earnings before interest, taxes, depreciation, and amortization (EBITDA) and €191.1 million in revenues. The company recorded a balanced revenue stream from all […]
Eleving Group issues €50 million in new bonds
Eleving Group issued €50 million in senior secured and guaranteed bonds (ISIN DE000A3LL7M4). Approximately 2 000 retail and institutional investors from the Baltic States and Germany have exchanged or subscribed to Eleving Group’s new bonds. During the issue, Eleving Group offered senior secured and guaranteed bonds with maturity in 2028, a nominal value of €100, […]
Eleving Group CFO and CEO answer investor questions
As we previously shared, Eleving Group has started the process of integrating EC Finance Group Ltd., better known as ExpressCredit, into its direct subsidiary AS Eleving Finance. ExpressCredit is a consumer finance provider operating in the Southern African region. As a result of the transaction, Eleving Group is taking over ExpressCredit’s assets, subsidiaries, and client […]
Eleving Group obtains ExpressCredit through integration
According to Eleving Group’s announcement, the company has started the process of integrating EC Finance Group Ltd., better known as ExpressCredit, into its direct subsidiary AS Eleving Finance. ExpressCredit is a consumer finance provider operating in the Southern African region. As a result of the transaction, Eleving Group is taking over ExpressCredit’s assets, subsidiaries, and […]
Mintos consolidated annual report for the year 2022
We’re pleased to share the Mintos Consolidated annual report for the year 2022. The report is designed to provide investors on Mintos and other stakeholders with insights into our performance and developments throughout the year. The report includes detailed financial statements, key events, and strategic actions taken in 2022. Despite facing formidable challenges in 2022, […]
Eleving Group reports revenues of €44.7M in Q1 2023
Eleving Group has announced unaudited results for Q1, 2023. The company has provided the following operational and financial information: The company recorded steady financial performance during the first quarter, with a net portfolio reaching €290.3M. The company reports they maintain robust profitability and a stable portfolio. The company continued diversifying its business operations and maintaining […]
