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DelfinGroup will pay out more than 833 thousand euros in dividends


Financial services company DelfinGroup will pay out 833,880.53 euros or 0.0184 euros per share in dividends from the profit made in the third quarter of 2022, as it was decided at the extraordinary shareholders' meeting of 9 December. In 2022, not including the planned payment for the third quarter, the company has already paid out dividends five times for almost 4.6 million euros, or 0.1013 euros per share, which ensures shareholders with stable profitability.


22 December 2022 is set as the ex-dividend date for receiving the third quarter dividends. This means that dividends will be paid for those shares purchased up to and including 21 December, while the dividend payment is planned on 27 December.


"We have concluded another successful quarter, when DelfinGroup has fulfilled the set growth indicators, and for which the shareholders of the company will receive dividends. Furthermore, we feel confident, even during the current situation, because of the constant demand for our services in both consumer loans and the circular economy segment. Therefore, even in these uncertain times, we provide and will continue to provide our shareholders with regular dividend payments," informs DelfinGroup Member of the Management Board Aldis Umblejs.


It has already been announced that in the third quarter of 2022, DelfinGroup maintained stable growth indicators in all segments of its business. The company's income showed a 48% year-on-year increase in Q3, reaching 9.6 million euros. In addition, profit before taxes rose 49%, to 1.8 million euros, while the loan portfolio grew 39% since the beginning of the year, reaching 59.7 million euros.


You can learn more about DelfinGroup financial results on the company's website www.delfingroup.lv or the Nasdaq Riga stock exchange website https://nasdaqbaltic.com/lv/.


About AS DelfinGroup


DelfinGroup is a licenced technology-based financial services 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 quarterly dividends to its shareholders. In the first nine months of 2022, the company's net loan portfolio grew to EUR 59.7 million, while its EBITDA reached EUR 9.3 million, with profit before income tax of EUR 5.4 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,
AS DelfinGroup Chief Financial Officer
Phone: +371 26189988
E-mail: [email protected]

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