DelfinGroup informs that AS LHV Pank has made an Annual Review providing insights into the company’s results, market environment, and stock valuation. The report analyzes the current situation of Delfingroup based on the latest publicly available data and estimates.  

The report is available for all the existing and potential company investors to analyze DelfinGroup stock as an investment.

Full report available at DelfinGroup website https://www.delfingroup.lv/analyst-coverage

Disclaimer.

The report has been prepared for informational purposes and should not be considered a recommendation to buy or sell the company’s shares. The responsibility related to investment decisions lies with the investors.

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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 the 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 2021, the company's net loan portfolio grew to EUR 43 million, while its EBITDA reached EUR 10.2 million, with profits before income tax for dividends EUR 5.2 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: IR@delfingroup.lv