In the 3rd quarter of 2022, DelfinGroup continued to show strong results in all main business segments.

New consumer loans were issued in the 3rd quarter of 2022 for 16.8 million euros, or 54% more than in the corresponding period last year, while in the first nine months of the year, a 70% increase was observed compared to the previous year.

After the lifting of Covid-19 restrictions, the pawn lending segment also continues to show growth. During Q3 of 2022, pawn lending issuance increased by 51% compared to last year, but almost 14 million euros were issued in nine months, an increase of 50%.

In the 3rd quarter of 2022, the Banknote online store, where customers can buy verified pre-owned, slightly pre-owned, and new goods, was renewed, which was one of the essential drivers of the results for this segment. As a result, the sales volumes of pre-owned, slightly pre-owned and new goods increased by 45% in the third quarter and 28% in the nine months, reaching 9 million euros.

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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 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
         AS DelfinGroup Chief Financial Officer
         Phone.: +371 26189988
         E-mail: IR@delfingroup.lv