Regulatory Filings • Apr 2, 2020
Regulatory Filings
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The estimated operating and sales data for the Aforti Group - March 2020.
The board of Aforti Holding S.A. ("the Company", "the Issuer") with itsregistered seat in Warsaw, hereby announces to the public the estimatedoperating and sales data of the Aforti Group for March 2020.
1) Loans for entrepreneurs In March 2020, the total value of loansgranted in Poland and Romania by Aforti Finance reached PLN 649 029,49,which in relation to the same month in 2019 represents a decrease of67,74%. The value of submitted applications amounted to PLN 9 943454,72, a result is lower by 39,76% compared to the same period of theprevious year. Cumulatively, at the end of March 2020, the total valueof loans granted to entrepreneurs in the country and abroad amounted toPLN 2 222 742,29, that is 69,08 percent less than last year. At the sametime, the total value of loan applications also decreased by 66,23% upto level PLN 22 006 307,57.
2) Currency exchange on online platforms. The total value of turnover onthe currency exchange platform in Poland and Romania in March 2020 wasPLN 94 652 755,56 and was lower by 52,20% compared to the same period ofthe previous year. After three months of current year, the total valueof turnover on the domestic and abroad currency exchange platformreached PLN 309 152 178,87, which means a reduction of 47,77%. YoY.
3) Collection orders The nominal value of recovery orders in March 2020amounted to PLN 71 135 242,91. This represents a 145,64% year-on-yearincrease. The number of recovery orders was 13 972 and was higher by177,28% compared to March 2019. In increasing terms, after three monthsof 2020, the nominal value of debt recovery orders reached PLN 121 148602,70, which means an increase by 15,14 percent. At the same time,there was an increase of 71,28 percent on number of orders up to 30 261.
4) Financed claims In March 2020, the value of receivables financed byAforti Factor was PLN 4 046 978,58 and it was higher by 59,24% than ayear ago. Cumulatively, after three months of this year, Aforti Factorfinanced PLN 8 324 123,14 of a total receivables, recording a reductionof 19,30 percent in relation to the previous year.
The table containing reported estimated data for March 2020 togetherwith comparative data is included in the attachment to this currentreport. The amounts have been converted to PLN based on the average NBPexchange rate on 31/03/2020.
Legal basis: Article 17 paragraph 1 of the MAR - confidential information
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