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Delfin Group — Interim / Quarterly Report 2025
Aug 6, 2025
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Download source fileIntro
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| NaN | NaN | Six-monh period that ended\n30 June 2025 |
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| NaN | NaN | www.delfingroup.lv |
Table of contents
| Table of contents: |
|---|
| Key ratios |
| Income statement |
| Assets |
| Liabilities & equity |
| Cash flow statement |
| Change in equity |
| Net sales |
| Interest income and similar income |
| Interest expenses and similar expenses |
| Selling expenses |
| Administrative expenses |
| Basic earnings and Diluted earnings per share |
| Loans & receivables |
| Retained earnings |
| Bonds issued |
| Loans from credit institutions |
| Other borrowings |
| Related party transactions |
| Segment information |
Key ratios
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 |
|---|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN | NaN |
| Position | EUR, million | Change, % | NaN | NaN | NaN |
| Net loan portfolio | 129.04 | 13.7 | NaN | NaN | NaN |
| Assets | 147.51 | 16.1 | NaN | NaN | NaN |
| Revenue | 37.04 | 27.3 | NaN | NaN | NaN |
| EBITDA | 11.75 | 11.9 | NaN | NaN | NaN |
| Profit before taxes | 4.86 | 10.5 | NaN | NaN | NaN |
| Net profit | 3.74 | 6.9 | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| Position | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
| Revenue, EUR million | 14.8 | 16.5 | 17.4 | 17.5 | 19.5 |
| EBITDA, EUR million | 5.4 | 5.7 | 5.8 | 5.6 | 6.1 |
| EBITDA margin, % | 0.36 | 0.36 | 0.35 | 0.34 | 0.33 |
| EBIT, EUR million | 5 | 5.2 | 5.3 | 5.1 | 5.7 |
| EBIT margin, % | 0.34 | 0.33 | 0.32 | 0.31 | 0.3 |
| Profit before taxes, EUR million | 2.3 | 2.4 | 2.4 | 2.3 | 2.6 |
| Net profit, EUR million | 1.8 | 1.9 | 1.9 | 1.8 | 2 |
| Net profit margin, % | 0.12 | 0.11 | 0.12 | 0.11 | 0.11 |
| ROE (last 12 months), % | 0.31 | 0.3 | 0.31 | 0.3 | 0.3 |
| ROA (last 12 months), % | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| ROCE (last 12 months), % | 0.26 | 0.24 | 0.23 | 0.22 | 0.22 |
| Current ratio | 1 | 1.3 | 0.9 | 0.7 | 0.7 |
| NaN | NaN | NaN | NaN | NaN | NaN |
| In some cases, quantitative values have been rounded up to the nearest decimal place or whole number to avoid an excessive level of detail. As a result, certain values may not necessarily add up to the respective totals due to the effects of the approximation. | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| EBITDA calculation, EUR million: | 2025 Q2 | 2024 Q2 | NaN | NaN | NaN |
| Item | NaN | NaN | NaN | NaN | NaN |
| Profit before tax | 2.6 | 2.3 | NaN | NaN | NaN |
| Interest expenses and similar expenses | 3.1 | 2.7 | NaN | NaN | NaN |
| Depreciation of fixed assets and amortisation | 0.5 | 0.4 | NaN | NaN | NaN |
| EBITDA, EUR million | 6.2 | 5.4 | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| Covenant | Value as of 30.06.2025 | Compliance | NaN | NaN | NaN |
| to maintain a Capitalization Ratio at least 25% | 0.27 | Yes | NaN | NaN | NaN |
| to maintain consolidated Interest Coverage Ratio of at least 1.5 times, calculated on the trailing 12 month basis | 2 | Yes | NaN | NaN | NaN |
| (Net loan portfolio + inventory+ other debtors + cash and cash equivalents – (Mintos debt * 1.2) – (bank debt * 1.4)) / unsecured liabilities, excluding subordinated debt >= 1.2 | 1.4 | Yes | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| Share trading information | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
| Opening price, EUR | 1.23 | 1.086 | 1.032 | 1.076 | 1.178 |
| High price, EUR | 1.266 | 1.098 | 1.118 | 1.188 | 1.188 |
| Low price, EUR | 1 | 1 | 1.02 | 1.076 | 1.1 |
| Last price, EUR | 1.086 | 1.032 | 1.076 | 1.176 | 1.178 |
| Turnover, mEUR | 1.87 | 1.24 | 1.59 | 1.29 | 1.09 |
| Capitalization, mEUR | 49.28 | 46.83 | 48.86 | 53.4 | 53.49 |
Income statement
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 |
|---|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | Notes | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN | NaN |
| Net sales | 2 | 6693453 | 4287230 | 3765990 | 1959078 |
| Cost of sales | NaN | -4672395 | -2670468 | -2716688 | -1165548 |
| Interest income and similar income | 3 | 30344107 | 24810540 | 15745333 | 12878786 |
| Interest expenses and similar expenses | 4 | -5932779 | -5222432 | -3067391 | -2661772 |
| Credit loss expenses | NaN | -9981539 | -6971408 | -5323940 | -3549987 |
| Gross profit | NaN | 16450847 | 14233462 | 8403304 | 7460557 |
| Selling expenses | 5 | -6310806 | -5163325 | -3193037 | -2575167 |
| Administrative expenses | 6 | -5200346 | -4550238 | -2628863 | -2482441 |
| Other operating income | NaN | 99657 | 62394 | 62692 | 37524 |
| Other operating expenses | NaN | -184359 | -219198 | -52757 | -116680 |
| Profit before corporate income tax | NaN | 4854992 | 4363095 | 2591339 | 2323793 |
| Income tax expenses | NaN | -1113964 | -902021 | -619384 | -481581 |
| Net profit | NaN | 3741029 | 3 461 074 | 1971955 | 1 842 212 |
| Basic earnings per share | 7 | 0.082 | 0.076 | 0.043 | 0.041 |
| Diluted earnings per share | 7 | 0.082 | 0.076 | 0.043 | 0.041 |
Assets
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 |
|---|---|---|---|
| NaN | NaN | NaN | NaN |
| NaN | NaN | Group | Group |
| Assets | NaN | 30 June 2025 | 31 December 2024 |
| NaN | NaN | NaN | NaN |
| Non-current assets: | Notes | EUR | EUR |
| Intangible assets: | NaN | NaN | NaN |
| Patents, licences, trademarks and similar rights | NaN | 6980 | 9302 |
| Internally developed software | NaN | 977461 | 903339 |
| Other intangible assets | NaN | 1119152 | 1138552 |
| Goodwill | NaN | 127616 | 127616 |
| Work in progress internally developed software | NaN | 83927 | 83935 |
| Advances for intangible assets | NaN | 35523 | 35523 |
| Total intangible assets: | NaN | 2350658 | 2298267 |
| Property, plant and equipment: | NaN | NaN | NaN |
| Land, buildings and structures | NaN | 169838 | 173539 |
| Leasehold improvements | NaN | 322965 | 314740 |
| Right-of-use assets | NaN | 2923093 | 2 652 848 |
| Other fixtures and fittings, tools and equipment | NaN | 410090 | 441804 |
| Total property, plant and equipment | NaN | 3825987 | 3582931 |
| Non-current financial assets: | NaN | NaN | NaN |
| Loans and receivables | 8 | 104953726 | 91455715 |
| Deferred income tax asset | NaN | 264384 | 154640 |
| Total non-current financial assets: | NaN | 105218110 | 91610355 |
| Total non-current assets: | NaN | 111394755 | 97491553 |
| Current assets: | NaN | NaN | NaN |
| Inventories: | NaN | NaN | NaN |
| Finished goods and goods for sale | NaN | 3639407 | 3989843 |
| Total inventories: | NaN | 3639407 | 3989843 |
| Receivables: | NaN | NaN | NaN |
| Loans and receivables | 8 | 24087584 | 22018048 |
| Term deposits with banks | NaN | 2874900 | 999900 |
| Other debtors | NaN | 1819211 | 615737 |
| Total receivables: | NaN | 22810436 | 23 253 345 |
| Deferred expenses | NaN | 342035 | 243398 |
| Cash and cash equivalents | NaN | 3356024 | 1644490 |
| Total current assets: | NaN | 36119161 | 29511416 |
| Total assets | NaN | 147513916 | 127002969 |
Liabilities & equity
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 |
|---|---|---|---|
| NaN | NaN | NaN | NaN |
| NaN | NaN | Group | Group |
| Liabilities and equity | NaN | 30 June 2025 | 31 December 2024 |
| NaN | NaN | NaN | NaN |
| Equity: | Notes | EUR | EUR |
| Share capital | NaN | 4540644 | 4540644 |
| Share premium | NaN | 6890958 | 6890958 |
| Other capital reserves | NaN | 238054 | 223404 |
| Retained earnings | 9 | 14703540 | 13273699 |
| Total equity: | NaN | 26373196 | 24928705 |
| Liabilities: | NaN | NaN | NaN |
| Long-term liabilities: | NaN | NaN | NaN |
| Bonds issued | 10 | 35161874 | 47513867 |
| Loans from credit institutions | 11 | 16410234 | 5673103 |
| Other borrowings | 12 | 16080176 | 13901453 |
| Lease liabilities for right-of-use assets | NaN | 2630383 | 2 219 336 |
| Total long-term liabilities: | NaN | 70282667 | 69307759 |
| Short-term liabilities: | NaN | NaN | NaN |
| Bonds issued | 10 | 18703609 | 5459248 |
| Loans from credit institutions | 11 | 13688462 | 11715582 |
| Other borrowings | 12 | 11938564 | 10399105 |
| Lease liabilities for right-of-use assets | NaN | 610203 | 734251 |
| Trade payables | NaN | 976115 | 934352 |
| Taxes and social insurance | NaN | 363553 | 505972 |
| Income tax liabilities | NaN | 2448649 | 1418070 |
| Unpaid dividends | NaN | 417739 | - |
| Accrued liabilities | NaN | 1711159 | 1599925 |
| Total short-term liabilities: | NaN | 50858054 | 32766505 |
| Total liabilities | NaN | 121140721 | 102074264 |
| Total liabilities and equity | NaN | 147513916 | 127002969 |
Naudas plūsma
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 |
|---|---|---|---|
| NaN | NaN | NaN | NaN |
| NaN | NaN | For 6 months ended \n30 June | NaN |
| NaN | NaN | 2025 | 2024 |
| NaN | Notes | EUR | EUR |
| Cash flow from operating activities | NaN | NaN | NaN |
| Profit before corporate income tax | NaN | 4854992 | 4363095 |
| Adjustments for non-cash items: | NaN | NaN | NaN |
| a) depreciation and amortisation | NaN | 517263 | 427796 |
| b) depreciation of right-of-use assets | NaN | 447858 | 436640 |
| c) credit loss expenses | NaN | 9981539 | 6971408 |
| d) share-based payment expense | NaN | 14650 | 45000 |
| e) interest income and similar income | 3 | -30344107 | -24810540 |
| f) interest expenses and similar expenses | 4 | 5932779 | 5222432 |
| Profit before adjustments of working capital and short-term liabilities | NaN | -8595026 | -7344169 |
| Change in operating assets/liabilities: | NaN | NaN | NaN |
| a) (Increase) on loans and receivables and other debtors | NaN | -28314262 | -20600007 |
| b) (Increase)/ decrease on inventories | NaN | 350437 | -390964 |
| c) (Decrease)/ increase on trade payable and accrued liabilities | NaN | 2000599 | 788150 |
| Gross cash flow from operating activities | NaN | -34558252 | -27546990 |
| Interest received | NaN | 29932173 | 25205091 |
| Interest paid | NaN | -6685474 | -5971294 |
| Corporate income tax payments | NaN | -192397 | -611818 |
| Net cash flow from operating activities | NaN | -11503950 | -8925011 |
| Cash flow from investing activities | NaN | NaN | NaN |
| Acquisition of property, plant and equipment | NaN | -125290 | -203281 |
| Acquisition of intangible assets | NaN | -417209 | -577070 |
| Term deposits placed | NaN | -1875000 | - |
| Net cash flow from investing activities | NaN | -2417499 | -780351 |
| Cash flow from financing activities | NaN | NaN | NaN |
| Loans received | NaN | 20442573 | 16234780 |
| Loans repaid | NaN | -2980317 | -11149833 |
| Bonds issued | NaN | 1731000 | 5991000 |
| Redemption of bonds | NaN | -1120000 | -1000000 |
| Repayment of lease liabilities | NaN | -546825 | -488419 |
| Dividends paid | NaN | -1893448 | -1456617 |
| Net cash flow from financing activities | NaN | 15632983 | 8130911 |
| Net cash flow of the reporting period | NaN | 1711534 | -1574451 |
| Cash and cash equivalents at the beginning of the reporting period | NaN | 1644490 | 5928570 |
| Cash and cash equivalents at the end of the reporting period | NaN | 3356024 | 4354119 |
Changes in equity
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 |
|---|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | Share capital | Share premium | Other capital reserves | Retained earnings | Total |
| NaN | EUR | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN | NaN |
| As at 01 January 2024 | 4537751 | 6890958 | 169812 | 9723592 | 21322113 |
| Profit for the reporting period | - | - | - | 3461074 | 3461074 |
| Dividends paid | - | - | - | -1855939 | -1855939 |
| Share-based payments | - | - | 45000 | - | 45000 |
| As at 30 June 2024 | 4537751 | 6890958 | 214812 | 11328727 | 22972248 |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN | NaN |
| As at 01 January 2025 | 4540644 | 6890958 | 223404 | 13273699 | 24928705 |
| Profit for the reporting period | - | - | - | 3741029 | 3741029 |
| Dividends paid | - | - | - | -2311188 | -2311188 |
| Share-based payments | - | - | 14650 | - | 14650 |
| As at 30 June 2025 | 4540644 | 6890958 | 238054 | 14703540 | 26373196 |
Net sales
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Net revenue by type of revenue | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN |
| Income from sales of goods | 4194518 | 2 878 440 | 2123798 | 1 208 509 |
| Income from sales of precious metals | 2037500 | 839690 | 1412071 | 461224 |
| Other income (loan and storage commission) for financial instruments measured as FVTPL | 461435 | 569100 | 230121 | 289345 |
| NaN | 6693453 | 4 287 230 | 3765990 | 1 959 078 |
Interest income
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Interest income and similar income | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN |
| Interest income on unsecured loans according to effective interest rate method | 26043417 | 20 836 272 | 13568570 | 10 797 110 |
| Interest income on pawn loans | 4300690 | 3 974 268 | 2176763 | 2 081 676 |
| NaN | 30344107 | 24 810 540 | 15745333 | 12 878 786 |
Interest exp
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Interest expenses and similar expenses | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN |
| Bonds’ interest expense | 3416197 | 3 179 304 | 1695859 | 1621269 |
| Interest expense on other borrowings | 1337135 | 1 278 416 | 722868 | 613436 |
| Interest expense on loans from credit institutions | 1 070 378 | 652606 | 598800 | 366597 |
| Interest expense on lease liabilities | 109069 | 112106 | 49864 | 60470 |
| NaN | 5932779 | 5 222 432 | 3 067 391 | 2 661 772 |
Selling exp
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Selling expenses | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN |
| Salary expenses | 2044665 | 1 873 700 | 1044638 | 928875 |
| Advertising expenses | 1488185 | 834161 | 733108 | 418216 |
| Depreciation of property, plant and equipment and amortisation of intangible assets | 517264 | 427796 | 263073 | 215599 |
| Social insurance expenses | 447271 | 416846 | 227680 | 209629 |
| Depreciation of right-of-use assets | 381884 | 384948 | 187701 | 196262 |
| Non-deductible VAT | 374590 | 334994 | 197086 | 183977 |
| Maintenance expenses | 313408 | 290090 | 160937 | 152546 |
| Utilities expenses | 178728 | 184088 | 81546 | 74404 |
| Provisions for unused annual leave | 59837 | 56495 | 23498 | 24772 |
| Transportation expenses | 52332 | 45092 | 23382 | 22702 |
| Other expenses | 452642 | 315115 | 250388 | 148185 |
| NaN | 6310806 | 5 163 325 | 3193037 | 2 575 167 |
Administrative exp
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Administrative expenses | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN |
| Salary expenses | 3104317 | 2 553 297 | 1538817 | 1399000 |
| Social insurance expenses | 654630 | 602444 | 368804 | 323868 |
| Bank commission | 579979 | 544936 | 318350 | 298480 |
| Communication expenses | 346954 | 290557 | 184100 | 148881 |
| Legal and professional services | 75266 | 96242 | 53961 | 65281 |
| State fees and duties, licence expenses | 71920 | 68313 | 34912 | 34007 |
| Depreciation of right-of-use assets | 65973 | 51692 | 38099 | 24488 |
| Audit expenses | 50333 | 13200 | 26293 | 13200 |
| Public relations expenses | 17546 | 46089 | 10619 | 30979 |
| Provisions for unused annual leave | -21481 | 60104 | -24560 | 16687 |
| Other administrative expenses | 254909 | 223364 | 79468 | 127570 |
| NaN | 5200346 | 4 550 238 | 2628863 | 2 482 441 |
EPS
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Basic earnings and Diluted earnings per share | For 6 months ended 30 June | NaN | For 3 months ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 |
| NaN | EUR | EUR | EUR | EUR |
| NaN | NaN | NaN | NaN | NaN |
| Net profit attributed to shareholders | 3741028 | 3 461 074 | 1 971 955 | 1 842 212 |
| Weighted average number of shares | 45406435 | 45 377 505 | 45 406 435 | 45 377 505 |
| Earnings per share | 0.082 | 0.076 | 0.043 | 0.041 |
| Weighted average number of shares used for calculating the diluted earnings per shares | 45477415 | 45 419 370 | 45 477 415 | 45 419 370 |
| Diluted earnings per share | 0.082 | 0.076 | 0.043 | 0.041 |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | Change | Actual number of shares after transaction | NaN | NaN |
| NaN | EUR | EUR | NaN | NaN |
| For 6 months ended 30 June 2024 | NaN | NaN | NaN | NaN |
| Number of shares at the beginning of the period | NaN | 45 377 505 | NaN | NaN |
| Number of shares at the end of the period | NaN | 45 377 505 | NaN | NaN |
| Weighted average number of shares: | NaN | 45 377 505 | NaN | NaN |
| Weighted average number of share options for DelfinGroup AS employees granted in January – June 2024* | NaN | 41865 | NaN | NaN |
| Weighted average potential number of shares | NaN | 45 419 370 | NaN | NaN |
| For 6 months ended 30 June 2025 | NaN | NaN | NaN | NaN |
| Number of shares at the beginning of the period | NaN | 45 406 435 | NaN | NaN |
| Number of shares at the end of the period | NaN | 45 406 435 | NaN | NaN |
| Weighted average number of shares: | NaN | 45 406 435 | NaN | NaN |
| Weighted average number of share options for DelfinGroup AS employees granted in January – June 2025** | NaN | 70980 | NaN | NaN |
| Weighted average potential number of shares | NaN | 45 477 415 | NaN | NaN |
Loans & receivables
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 |
|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN |
| Loans and receivables | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| a)\tLoans and receivables by loan type | NaN | NaN | NaN | NaN |
| NaN | Group | Group | NaN | NaN |
| NaN | 30 June 2025 | 31 December 2024 | NaN | NaN |
| NaN | EUR | EUR | NaN | NaN |
| Pawn loans measured at fair value | NaN | NaN | NaN | NaN |
| Long-term pawn loans | 165690 | 176753 | NaN | NaN |
| Short-term pawn loans | 8833311 | 8824726 | NaN | NaN |
| Interest accrued for pawn loans | 460283 | 431728 | NaN | NaN |
| Pawn loans measured at fair value, total | 9459284 | 9433207 | NaN | NaN |
| Debtors for loans issued without pledge | NaN | NaN | NaN | NaN |
| Long-term debtors for loans issued without pledge | 104788036 | 91278962 | NaN | NaN |
| Short-term debtors for loans issued without pledge | 26724797 | 20710566 | NaN | NaN |
| Interest accrued for loans issued without pledge | 4500439 | 4117065 | NaN | NaN |
| Debtors for loans issued without pledge, total | 136013272 | 116106593 | NaN | NaN |
| Loans and receivables before allowance, total | 145472556 | 125539800 | NaN | NaN |
| ECL allowance on loans issued without pledge | -16431247 | -12066037 | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| Loans and receivables | 129041310 | 113473763 | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| b)\tAllowance for impairment of loans issued without pledge at amortised cost | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| Group | Stage 1 | Stage 2 | Stage 3 | Total |
| Gross carrying value as at 1 January 2025 | 108840471 | 3673929 | 3592193 | 116106593 |
| New assets originated or purchased | 49879037 | - | - | 49879037 |
| Assets settled or partly settled | -22997175 | -2409989 | -318789 | -25725953 |
| Assets derecognised due to debt sales | - | -3560063 | -530091 | -4090154 |
| Assets written off | - | - | -486623 | -486623 |
| Effect of interest accruals | -32609 | 79016 | 283965 | 330372 |
| Transfers to Stage 1 | 916495 | -770169 | -146326 | - |
| Transfers to Stage 2 | -8570763 | 8605177 | -34414 | - |
| Transfers to Stage 3 | -2925134 | -959006 | 3884140 | - |
| At 30 June 2025 | 125110322 | 4658895 | 6244055 | 136013272 |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| Group | Stage 1 | Stage 2 | Stage 3 | Total |
| ECL as at 1 January 2025 | 7106311 | 1772970 | 3186756 | 12066037 |
| New assets originated or purchased | 5522016 | - | - | 5522016 |
| Assets settled or partly settled | -2460477 | -1326668 | -212508 | -3999653 |
| Assets derecognised due to debt sales | - | -1603684 | -2083197 | -3686881 |
| Assets written off | - | - | -486141 | -486141 |
| Effect of interest accruals | 18137 | 64909 | 282129 | 365175 |
| Transfers to Stage 1 | 103106 | -424625 | -97641 | -419160 |
| Transfers to Stage 2 | -951409 | 4734149 | -22872 | 3759868 |
| Transfers to Stage 3 | -325430 | -526545 | 2582725 | 1730750 |
| Impact on period end ECL changes in credit risk and inputs used for ECL calculation | -269441 | -182383 | 2031060 | 1579236 |
| At 30 June 2025 | 8742813 | 2508123 | 5180311 | 16431247 |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| c)\tAge analysis of loans issued without pledge at amortised cost: | NaN | NaN | NaN | NaN |
| NaN | Group | Group | NaN | NaN |
| NaN | 30 June 2025 | 31 December 2024 | NaN | NaN |
| NaN | EUR | EUR | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| Receivables not yet due | 114715822 | 100545395 | NaN | NaN |
| Outstanding 1-30 days | 10172444 | 8293453 | NaN | NaN |
| Outstanding 31-90 days | 4787156 | 3675551 | NaN | NaN |
| Outstanding 91-180 days | 2846626 | 721639 | NaN | NaN |
| Outstanding for 181-360 days | 1866605 | 1335113 | NaN | NaN |
| Outstanding for more than 360 days | 1624619 | 1535442 | NaN | NaN |
| Total claims against debtors for loans issued | 136013272 | 116106593 | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| d)\tAge analysis of provision for bad and doubtful trade debtors: | NaN | NaN | NaN | NaN |
| NaN | Group | Group | NaN | NaN |
| NaN | 30 June 2025 | 31 December 2024 | NaN | NaN |
| NaN | EUR | EUR | NaN | NaN |
| NaN | NaN | NaN | NaN | NaN |
| For trade debtors not yet due | 6313808 | 5338747 | NaN | NaN |
| Outstanding 1-30 days | 2512155 | 1908613 | NaN | NaN |
| Outstanding 31-90 days | 2604595 | 1856268 | NaN | NaN |
| Outstanding 91-180 days | 2074077 | 537472 | NaN | NaN |
| Outstanding for 181-360 days | 1490715 | 1094088 | NaN | NaN |
| Outstanding for more than 360 days | 1435897 | 1330849 | NaN | NaN |
| Total provisions for bad and doubtful trade debtors | 16431247 | 12066037 | NaN | NaN |
Retained earnings
| Table of contents | Unnamed: 1 | Unnamed: 2 |
|---|---|---|
| NaN | NaN | NaN |
| Retained earnings | For 6 months ended 30 June | NaN |
| NaN | 2025 | 2024 |
| NaN | EUR | EUR |
| NaN | NaN | NaN |
| Balance as at 1 January | 13273699 | 9723592 |
| Net profit for the period | 3741029 | 3461074 |
| Dividends declared and paid: | NaN | NaN |
| Interim dividends of 0.0194 EUR (2024: 0.0223 EUR) per share | -1893240 | -1456617 |
| Dividends declared: | NaN | NaN |
| Annual dividend of 0.0092 EUR | -417948 | -399322 |
| Balance as at 30 June | 14703540 | 11328727 |
Bonds
| Table of contents | Unnamed: 1 | Unnamed: 2 |
|---|---|---|
| NaN | NaN | NaN |
| Bonds issued | NaN | NaN |
| NaN | Group | Group |
| NaN | 30 June 2025 | 31 December 2024 |
| NaN | EUR | EUR |
| Total long-term part of bonds issued | 35161874 | 47513867 |
| NaN | NaN | NaN |
| Bonds issued | 18620642 | 5368103 |
| Interest accrued | 82967 | 91145 |
| Total short-term part of bonds issued | 18703609 | 5459248 |
| NaN | NaN | NaN |
| Bonds issued, total | 53782516 | 52881970 |
| Interest accrued, total | 82967 | 91145 |
| Bonds issued net | 53865483 | 52973115 |
Loans from credit institutions
| Table of contents | Unnamed: 1 | Unnamed: 2 |
|---|---|---|
| NaN | NaN | NaN |
| Loans from credit institutions | NaN | NaN |
| NaN | Group | Group |
| NaN | 30 June 2025 | 31 December 2024 |
| NaN | EUR | EUR |
| NaN | NaN | NaN |
| Long-term loans from credit institutions | 16410234 | 5 673 103 |
| Total long-term loans from credit institutions | 16410234 | 5 673 103 |
| NaN | NaN | NaN |
| Short-term loans from credit institutions | 13688462 | 11715582 |
| Total short-term loans from credit institutions | 13688462 | 11715582 |
| NaN | NaN | NaN |
| Loans from credit institutions, total | 30098696 | 17388685 |
Other borrowings
| Table of contents | Unnamed: 1 | Unnamed: 2 |
|---|---|---|
| NaN | NaN | NaN |
| Other borrowings | NaN | NaN |
| NaN | Group | Group |
| NaN | 30 June 2025 | 31 December 2024 |
| NaN | EUR | EUR |
| NaN | NaN | NaN |
| Other long-term loans | 16080176 | 13 901 453 |
| Total other long-term loans | 16080176 | 13901453 |
| NaN | NaN | NaN |
| Other short-term loans | 11938564 | 10399105 |
| Total other short-term loans | 11938564 | 10399105 |
| NaN | NaN | NaN |
| Other loans, total | 28018740 | 24300558 |
Related parties
| Table of contents | Unnamed: 1 | Unnamed: 2 |
|---|---|---|
| NaN | NaN | NaN |
| Related party transactions | NaN | NaN |
| NaN | Transactions for \n6 months 2025 | Transactions \nin 2024 |
| NaN | NaN | NaN |
| EUR | EUR | |
| Group’s transactions | ||
| Shareholders | NaN | NaN |
| Interest paid | 26081 | 128137 |
| NaN | NaN | NaN |
| Key management personnel | NaN | NaN |
| Interest paid | - | 4310 |
| NaN | NaN | NaN |
| Other related companies | NaN | NaN |
| Services received | 2000 | 2000 |
| NaN | NaN | NaN |
| NaN | NaN | NaN |
| NaN | NaN | NaN |
| Bonds issued to the related companies | Group | Group |
| NaN | 30 June 2025 | 31 December 2024 |
| NaN | EUR | EUR |
| NaN | NaN | NaN |
| Key management personnel | - | 53000 |
| Shareholders | 300000 | 3163600 |
| Long-term part of bonds issued to the related companies, total | 300000 | 3216600 |
| NaN | NaN | NaN |
| Shareholders | - | - |
| Short-term part of bonds issued to the related companies, total | - | - |
| Bonds issued to the related companies, total | 300000 | 3216600 |
Segment information
| Table of contents | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 |
|---|---|---|---|---|---|---|---|---|
| NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN |
| Segment information | NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN |
| EUR | Consumer loans | NaN | Pawn loans | NaN | Retail of pre-owned goods | NaN | Total | NaN |
| NaN | For 6 months period ended 30 June | NaN | For 6 months period ended 30 June | NaN | For 6 months period ended 30 June | NaN | For 6 months period ended 30 June | NaN |
| NaN | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024.0 |
| NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN |
| Assets | 131041144 | 110968048 | 11364458 | 10965353 | 5108315 | 5069568 | 147513916 | 127002969.0 |
| Liabilities of the segment | 107446267 | 88792414 | 9934225 | 9485373 | 3760228 | 3796477 | 121140721 | 102074264.0 |
| NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN | NaN |
| Net sales | - | - | - | - | 6693453 | 4287230 | 6693453 | 4287230.0 |
| Interest income and similar income | 26043416 | 20836374 | 4300690 | 3974166 | - | - | 30344107 | 24810540.0 |
| Net performance of the segment | 8973507 | 7852607 | 1518244 | 1358719 | 296021 | 374201 | 10787772 | 9585527.0 |
| Financial (expenses) | -5346425 | -4594073 | -420093 | -437785 | -166260 | -190574 | -5932779 | -5222432.0 |
| Profit/(loss) before taxes | 3627081 | 3258534 | 1098150 | 920934 | 129761 | 183627 | 4854992 | 4363095.0 |
| Corporate income tax | -832223 | -673665 | -251967 | -190393 | -29773 | -37963 | -1113964 | -902021.0 |
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