Latvian fintech company DelfinGroup will pay dividends of EUR 838,412.49, or EUR 0.0185 per share, for the last quarter of 2022, as it was decided at the extraordinary meeting of shareholders on 29 March. Last year, the company made 6 dividend payments of more than EUR 5 million in total, or EUR 0.1197 per share, which provided shareholders with a very good return of 8.1%.

The dividend ex-date for receiving dividends for the fourth quarter is 13 April 2023, and the dividend record date is 14 April. The dividend payment is planned on 17 April.

"In the fourth quarter of 2022, we have continued to deliver strong business results, creating long-term value and positive returns for our shareholders, who have received a high return on their investments in the form of regular dividends. Furthermore, we plan to grow the company in view of the growing demand for simple and customer-oriented financial services, thus continuing to ensure regular dividend payments, further strengthening the company's position as a dividend payment champion in the long term," says Aldis Umblejs, member of the Management Board of DelfinGroup.

DelfinGroup delivered solid growth in all business lines in the fourth quarter of 2022, including the continued focused development of its largest circular economy shop Banknote. As a result, the company's revenue in the fourth quarter increased by 48% year-on-year reaching EUR 10.2 million, while the loan portfolio increased by 54% year-on-year reaching EUR 67.4 million.

About AS DelfinGroup

DelfinGroup is a licenced fintech company established in 2009 and operates under the brand names Banknote and VIZIA. The company continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), and the sale of pre-owned goods online and at more than 90 branches across Latvia. On average, 35 thousand loans are issued monthly and serviced by a professional team of more than 300 DelfinGroup employees. The company has a total of over 400,000 registered customers. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a listed company on the Baltic Main List. The company's IPO in 2021 attracted almost 6000 new shareholders. The company regularly pays dividends to its shareholders. In 2022, the company's net loan portfolio grew to EUR 67.4 million, while its EBITDA reached EUR 13.1 million, with profit before taxes of EUR 7.3 million. The company's sustainability is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy. The company has been profitable every year since 2010.

 

For further information, please contact:

 

Aldis Umblejs,
DelfinGroup Chief Financial Officer
Phone: +371 26189988
E-mail: [email protected]