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DelfinGroup Q1 2025 business results
Emitents DelfinGroup, AS (iepriekšējais nosaukums - ExpressCredit, SIA) (2138002PKHUJIMVMYB13)
Veids 2.2. Iekšējā informācija
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Datums 2025-04-07 13:01:48
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DelfinGroup results for the first three months of 2025 reflect stable growth across the company’s core business segments - pre-owned, slightly pre-owned and new goods, as well as lending.

Retail sales in the first quarter of 2025 amount to 4.7 million EUR, an increase of 26% compared to the first quarter of last year. This increase is due to growing customer interest in buying pre-owned and slightly pre-owned goods, as well as the development of sales channels, including the e-commerce segment.

The total volume of loans disbursed during this period amounts to almost 30 million EUR, which is 19% more than in Q1 2024. Of this amount, 6.7 million EUR were issued in the pawn segment, which recorded a 4% increase, while consumer loans amounted to 23.3 million EUR, 25% more than in the same period last year.

 

  Q1
2025
Q1
2024
Change
%
Consumer loan issuance (‘000 EUR) 23 325 18 701 +25%
Pawn loan issuance (‘000 EUR) 6 670 6 404 +4%
Total loan issuance (‘000 EUR) 29 995 25 105 +19%
Sale of pre-owned goods (‘000 EUR) excl. VAT 4 744 3 754 +26%

   

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About DelfinGroup

AS DelfinGroup is a licenced fintech company established in 2009 and operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup 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. 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 regularly pays dividends to its shareholders. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy.

 

Additional information:
Artūrs Dreimanis
DelfinGroup Head of Treasury and Investor Relations
Phone: +371 26189988
E-mail: IR@delfingroup.lv

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