Delfin Group — Earnings Release 2025

Jan 15, 2026

DelfinGroup Q4 2025 business results

In the fourth quarter of 2025, DelfinGroup continued to show stable growth in consumer lending and sales of pre-owned and slightly used goods.

The volume of consumer loans issued in the fourth quarter of 2025 reached EUR 27.5 million, which is 33% more than in the fourth quarter of last year. Strong growth continued in both markets. In Latvia, the volume of loans issued reached EUR 23.8 million, which is a 16% increase compared to the same period last year. In Lithuania, new consumer loans issued in the fourth quarter amounted to EUR 3.6 million. In 2025, consumer loan issuance grew by 38%, reaching EUR 109.5 million.

Sales in the retail segment reached EUR 4.8 million in the fourth quarter, representing a 4% increase, while the twelve-month period recorded a 15% increase to EUR 19.4 million.

The volume of pawn loans issued in the fourth quarter was mainly influenced by changes in pricing policy with a focus on increasing the profitability of the segment. The fourth quarter was also the first full quarter in which no pawn loans were issued in Lithuania, thus affecting the total amount of pawn loans issued compared to the previous year. As a result, new pawn loans worth EUR 6.1 million were issued in the fourth quarter, while EUR 25.3 million was issued over the 12-month period.

	Q4 2025	Q4 2024	Change %	12M 2025	12M 2024	Change %
Consumer loan issuance (‘000 EUR)	27 459	20 643	+33%	109 537	79 166	+38%
Pawn loan issuance (‘000 EUR)	6 100	6 755	-10%	25 326	26 303	-4%
Total loan issuance   (‘000 EUR)	33 559	27 398	+22%	134 863	105 469	+28%
Sale of pre-owned goods (‘000 EUR) excl. VAT	4 793	4 621	+4%	19 444	16 945	+15%

About DelfinGroup

DelfinGroup is a licenced fintech company established in 2009 and currently operating in Latvia and Lithuania. The company operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer loans, pawn loans, and the sale of pre-owned goods online and at more than 80 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