"We believe DelfinGroup has an economic moat resulting in a sustainable superior ROE and dividend yield," says the headline of the analytical report on DelfinGroup published by investment research company Enlight Research. The analytical report published on November 3 is a valuable tool for analyzing companies when evaluating investment opportunities. The analysis characterises DelfinGroup as a long-term, profitable company with good growth potential.

Aldis Umblejs, CFO and Member of the Management Board of DelfinGroup: "We are pleased that investment research professionals from Enlight Research highly rated both our existing business model and stock's growth potential. I believe that publicly available research on DelfinGroup by Enlight Research will provide even more transparency in communication with existing and potential investors about our activities, results and future plans."

In the report created by Enlight Research, investors can familiarise themselves with the analysis of DelfinGroup business model and the company's future growth estimate based on the publicly available data. It gives investors the opportunity to get a professional, high-quality analysis of the company in one place. The Enlight Research report is freely available here.

Disclaimer

The report by Enlight Research is prepared based on publicly available information and for informational purposes only. It cannot be considered a recommendation to buy or sell the company's shares. Investors are responsible for investment decisions. The report is prepared on behalf of DelfinGroup.

About Enlight Research

Enlight Research provides high-quality research to both private and institutional investors, publishing information that anyone can freely use when making their own investment decisions.  Their vision is to create a fair investment environment where high-quality research is available to all. The success of Enlight Research is visible on the Baltic Stock Exchange where the majority of the well-known listed companies have joined their platform and readership has gone from hundreds to thousands.

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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