Continuing its regular quarterly dividend payment practice, Latvian fintech company DelfinGroup will pay 1.01 million euros, or 0.0223 euros per share, in dividends to its shareholders for the fourth quarter of 2024. This is the largest portion of quarterly net profit ever allocated to dividends, reflecting the company's consistent financial performance. 

The dividend ex-date is set for April 3, 2025, the record date is set for April 4 and the payment date is set for April 7, 2025. 

"DelfinGroup remains committed to its strategy of paying out up to 50% of quarterly profits as dividends. This approach has contributed to an increase of more than 50% in the number of shareholders since the company's IPO at the end of 2021, reflecting growing investor confidence," said Artūrs Dreimanis, Head of Treasury and Investor Relations at DelfinGroup. 

In the fourth quarter of 2024, DelfinGroup net profit exceeded 2 million euros for the first time, allowing for a higher dividend payout in line with the company's dividend policy. "The increase in the quarterly dividend is directly linked to our growth indicators - continued expansion of the loan portfolio and growing revenues. We remain focused on strengthening our market position and delivering competitive returns to our shareholders," added Dreimanis. 

According to the published financial results, DelfinGroup loan portfolio reached 113.5 million euros in the fourth quarter of 2024. Revenues grew by 25% year-on-year to 17.4 million euros, while profits before tax increased by 12% to 2.6 million euros. 

Including the upcoming April payment, DelfinGroup will have paid 17 dividend payments since its IPO in 2021, providing regular income to shareholders and demonstrating the company's long-term financial stability. 

About DelfinGroup   

DelfinGroup is a licensed Latvian fintech company founded in 2009 and operating under the Banknote and VIZIA brands. The Company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer loans, loans for seniors, buy now, pay later loans, pawn loans and sales of pre-owned, little used and new goods in almost 90 branches in Latvian and Lithuania, as well as online. 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 pays regular quarterly dividends. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy.  

Additional information:    

Sanda Šapale,    
AS DelfinGroup Head of Communication  
Phone: +371  25496681  
E-mail: [email protected]