AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Fabrity Holding S.A

Earnings Release Jan 3, 2018

5666_rns_2018-01-03_ef188d59-e700-463e-9d46-7be24d14e5bb.html

Earnings Release

Open in Viewer

Opens in native device viewer

The estimated operational and sales data of subsidiaries Aforti FinanceS.A., Aforti Exchange Sp. z o. o. , Aforti Exchange Romania S.A. andAforti Collections S.A. - December 2017

The board of Aforti Holding S.A. ("the Company", "the Issuer")headquartered in Warsaw hereby announces to the public the estimatedoperational and sales results of Aforti Finance S.A., Aforti ExchangeSp. z o. o., Aforti Exchange Romania S.A. and Aforti Collections S.A.the Issuers' subsidiaries for December 2017.

1) The estimated operational and sales results of Aforti Finance S.A.for November 2017:In December 2017 Aforti Finance S.A. granted 35loans (increase by 118.75% YoY) with a total value of PLN 3 306,97thousand, which is an increase of 222,95% compared to 2016. The value ofsubmitted applications amounted to PLN 25 073,011 thousand and that is aresult higher by 700,71% compared to the same period of the previousyear. In December 2017, there were filed 213 loan applications, anincrease of 280,36% compared to the same month of 2016.Cumulatively,after 12 months of the year, the value of the loans granted by AfortiFinance S.A. amounted to PLN 36 228,79 thousand, which means an increaseof 867,67% in relation to 2016. The number of granted loans was 465 andwas higher by 347,12% in year-on-year. At the same time, in theindicated period were submitted the 2 137 loan applications (growth by302,26%), with a total value of PLN 191 840,39 thousand (increase by709,58% YoY).

2) The estimated operational and sales results of Aforti Exchange Sp. zo. o. for December 2017:The currency exchange platform's turnover inDecember reached 13 450,72 EUR thousand and was higher by 241,63%compared to the same period of the previous year.Cumulatively, atthe end of 2017, the value of trading on the currency exchange platformamounted to 90 425,73 EUR thousand and was higher by 213,28% than lastyear.

3) The estimated operational and sales results of Aforti ExchangeRomania S.A. for December 2017:The value of trading on the currencyexchange platform in Romania in December 2017 amounted to 1 413,75 EURthousand, while on cumulatively (the company was registered on21/06/2017) in the end of 2017 it was 1 576,07 EUR thousand.

4) The estimated operational and sales results of Aforti CollectionsS.A. for December 2017 :Nominal value of debt collection commissionson December 2017 reached PLN 126,31 thousand. This represents a approx.of 98,99% deacrease YoY. The number of recovery orders amounted to 5 andwas lower by 99,89% compared to December 2016 r.

Simultaneously, in grownig presentation, in all 2017 the nominal valueof debt collection reached PLN 23 369,48 thousand, that is increase by11,95% YoY. The higher was also the number of recovery orders from 9 117in 2016 to 17 123 in 2017 (it is growth by 87,81%). The amount of signedrecovery agreement amounted 140 and was higher by 600,00% from thenumber of contracts acquired a year earlier.

A table containing estimated additional data, reported for December 2017together with the comparative data, can be found in an annex to thecurrent report.

Legal basis: Article 17 paragraph 1 of the MAR - confidential information

Talk to a Data Expert

Have a question? We'll get back to you promptly.