The board of Aforti Holding S.A. („the Company“, „the Issuer“) with its registered seat in Warsaw, hereby announces to the public the estimated operating and sales data of the Aforti Group for February 2020.
1) Loans for entrepreneurs
In February 2020, the total value of loans granted in Poland and Romania by Aforti Finance reached PLN 1,000,751.70, which in relation to the same month in 2019 represents a decrease of 57.09%. The value of submitted applications amounted to PLN 6,660,362.88, a result is lower by 77.21% compared to the same period of the previous year.
Cumulatively, at the end of February 2020, the total value of loans granted to entrepreneurs in the country and abroad amounted to PLN 1,562,355.81, that is 69.82 percent less than last year. At the same time, the total value of loan applications also decreased by 75.65% up to level PLN 11,843,599.21.
2) Currency exchange on online platforms
The total value of turnover on the currency exchange platform in Poland and Romania in February 2020 was PLN 101,389,901.18 and was lower by 43.16% compared to the same period of the previous year.
After two months of current year, the total value of turnover on the domestic and abroad currency exchange platform reached PLN 204,284,043.18, which means a reduction of 45.54%. YoY.
3) Collection orders
The nominal value of recovery orders in February 2020 amounted to PLN 31,835,106.80. This represents a 27.60% year-on-year reduction. The number of recovery orders was 8,568 and was higher by 6.89% compared to February 2019.
In increasing terms, after two months of 2020, the nominal value of debt recovery orders reached PLN 50,013,359.79, which means a decrease by 34.36 percent. At the same time, there was an increase of 30.15 percent on number of orders up to 16 289.
4) Financed claims
In February 2020, the value of receivables financed by Aforti Factor was PLN 2,311,771.60 and it was lower by 31.77% than a year ago.
Cumulatively, after two months of this year, Aforti Factor financed PLN 4,277,144.56 of a total receivables, recording a reduction of 44.98 percent in relation to the previous year.
The table containing reported estimated data for February 2020 together with comparative data is included in the attachment to this current report.
The amounts have been converted to PLN based on the average NBP exchange rate on 28/02/2020.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information