DelfinGroup will pay 607 282.56 euros in dividends for the second quarter of 2022 or 0,0134 euros per share, the shareholders resolved at their extraordinary meeting on 9 September. Continuing to adhere to the dividend payout frequency policy, which is unique to the Baltic stock market and beneficial to investors, since 1 January 2022, the company has paid dividends four times for almost 4 million euros, or 0.0879 euros per share, which ensures a high yield for the company's shareholders.

The ex-date for the second quarter dividends is set for 28 September 2022, which means DelfinGroup will pay dividends for the shares acquired by 27 September. Therefore, the dividend payment date is set to be 30 September 2022.

Aldis Umblejs, DelfinGroup Chief Financial Officer: "The company's stable growth and good financial indicators allow us to continue the distribution of profits defined in the dividend policy, paying out up to 50% of the previous quarter's profit in dividends."

"Stable profit of the company has been ensured by development in all the main business segments. This quarter, the pawn shop segment has operated without trade restrictions and exceeded pre-pandemic indicators. In conditions of growing inflation, we observe higher customer demand for verified pre-owned and slightly pre-owned goods, which we offer to customers in our renewed online store veikals.banknote.lv and in more than 90 branches throughout the territory of Latvia. Positive growth can also be observed in the consumer loans segment in the first half of this year. We have integrated the most innovative solutions of open banking for more effective evaluation of customers, as well as expanded cooperation with loan comparison platforms," explains A. Umblejs.

DelfinGroup has had the most successful quarter in the company's history. Revenue in the second quarter reached 8.6 million euros, an increase of 46% compared to last year's period. Pre-tax profit increased by 30% to 1.96 million euros, while net profit was up by 47% to 1.22 million euros. In addition, the company's net loan portfolio increased by 62% compared to the first half of the last year, reaching 53.8 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 JSC DelfinGroup

JSC 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 JSC DelfinGroup employees. The company has a total of over 400,000 registered customers. Since 2014, JSC DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a share issuer 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 the first half of 2022, the company's net loan portfolio grew to EUR 53.8 million, while its EBITDA reached EUR 5.8 million, with profits before income tax for dividends of EUR 3.6 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,
JSC DelfinGroup Chief Financial Officer
Phone: +371 26189988
E-mail: [email protected]