Regulatory Filings • Apr 2, 2019
Regulatory Filings
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The estimated operational and sales data ofsubsidiaries Aforti Finance S.A., Aforti Exchange S.A., Aforti ExchangeRomania S.A., Aforti Collections S.A. and Aforti Factor S.A. - March 2019
The board of Aforti Holding S.A. ("the Company", "theIssuer") headquartered in Warsaw hereby announces to the public theestimated operational and sales results of Aforti Finance S.A., AfortiExchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. andAforti Factor S.A. the Issuer's subsidiaries for March 2019
1) The estimated operational and sales results ofAforti Finance S.A. for March 2019:InMarch 2019 Aforti Finance S.A. granted 14 loans (decrease by 75,00%)with a total value of PLN 2 011,59 thousand, which is an decrease by59,92% compared to the same month of 2018. The value of submittedapplications amounted to PLN 16 507,65 thousand and that is a resultlower by 48,53% compared to the same period of the previous year. InMarch 2019, there were filed 119 loan applications, to the same month of2018 that is a lower result by 62,81%.
Cumulatively, in the end of March 2019, AfortiFinance SA granted 53 loans (67,48% less YoY) with total value PLN 7188,13 thousand and it is a decrease by 52,05% compared to 2018. In theperiod from January to the end of March 2019, there were filed 482 loanapplications with total value PLN 65 155,95 thousand. The quantity ofthe loans reduced by 45,84% and their total value by 29,55% in relationto the same period in the previous year.
2) The estimated operational and sales results ofAforti Exchange S.A. for March 2019:Thecurrency exchange platform's turnover in March 2019 reached EUR 34008,27 thousand and was higher by 51,33% compared to the same period ofthe previous year. At the same time, after three months of the 2019, theturnover reached the level of EUR 99 229,61 thousand, an increase of115,17% year-on-year.
3) The estimated operational and sales results ofAforti Exchange Romania S.A. for March 2019 : The value of trading onthe currency exchange platform in Romania in March 2019 amounted to EUR9 492,01 thousand which is an increase of 141,06% in relation to March2018.
In the period from January to the end of March 2019,Aforti Exchange Romania S.A. recorded EUR 30 793,98 thousand of thetotal turnover value, which in comparison to the previous year is anincrease of 326,97%.
4) The total estimated operational and sales data ofAforti Exchange for March 2019:The totalvalue of trading on the currency exchange platforms of Aforti Exchangeoperated in Poland and in Romania in March 2019 amounted to EUR 43500,28 thousand, which in comparison to the same period in the previousyear means an increase of 64,71%.
At the same time, cumulatively after the three monthsof 2019 the total value of turnover reached the level of EUR 130 023,59thousand and it increased year-on-year by 143,82%.
5) The estimated operational and sales results ofAforti Collections S.A. for March 2019:Nominalvalue of debt collection commissions on March 2019 reached PLN 28 958,80thousand. This is an increase of 465,40% YoY. The number of recoveryorders amounted to 5039 and was higher by 7098,57% compared to March2018. The company concluded seven contracts in the indicated month.
Cumulatively, at the end of March 2019, the nominalvalue of the debt collection orders amounted to PLN 105 214,74 thousand,which is an increase by 1261,50% year-on-year. The number of orders alsoincreased by 1785,59% to 17 668 . At the same time, the number of debtrecovery agreements concluded after the three months of 2019 was equalto 15 (an increase by 87,50% year-on-year).
6) The estimated operational and sales results ofAforti Factor S.A. for March 2019:In March2019 the value of receivables financed by Aforti Factor S.A. amounted toPLN 2 541,44 thousand and was higher by 81,90% than in the previousyear. Further, after three months current year, this value reached levelof PLN 10 315,19 thousand, recording an increase of 251,69%year-on-year.
A table containing estimated additional data,reported for March 2019 together with the comparative data, can be foundin an annex to the current report.
Legal basis: Article 17 paragraph 1 of the MAR -confidential information
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