he estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Exchange Sp. z o. o. , Aforti Exchange Romania S.A. and Aforti Collections S.A. – December 2017 CR 4/2018

The board of Aforti Holding S.A. (“the Company”, “the Issuer”) headquartered in Warsaw hereby announces to the public the estimated operational and sales results of Aforti Finance S.A., Aforti Exchange Sp. 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 35 loans (increase by 118.75% YoY) with a total value of PLN 3 306,97 thousand, which is an increase of 222,95% compared to 2016. The value of submitted applications amounted to PLN 25 073,011 thousand and that is a result higher by 700,71% compared to the same period of the previous year. In December 2017, there were filed 213 loan applications, an increase of 280,36% compared to the same month of 2016.
Cumulatively, after 12 months of the year, the value of the loans granted by Aforti Finance S.A. amounted to PLN 36 228,79 thousand, which means an increase of 867,67% in relation to 2016. The number of granted loans was 465 and was higher by 347,12% in year-on-year. At the sam time, in the indicated period were submitted the 2 137 loan applications (growth by 302,26%), with a total value of PLN 191 840,39 thousand (increase by 709,58% YoY).

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

3) The estimated operational and sales results of Aforti Exchange Romania S.A. for December 2017:
The value of trading on the currency exchange platform in Romania in December 2017 amounted to 1 413,75 EUR thousand, while on cumulatively (the company was registered on 21/06/2017) in the end of 2017 it was 1 576,07 EUR thousand.

4) The estimated operational and sales results of Aforti Collections S.A. for December 2017 :
Nominal value of debt collection commissions on December 2017 reached PLN 126,31 thousand. This represents a approx. of 98,99% deacrease YoY. The number of recovery orders amounted to 5 and was lower by 99,89% compared to December 2016 r.
Simultaneously, in grownig presentation, in all 2017 the nominal value of debt collection reached PLN 23 369,48 thousand, that is increase by 11,95% YoY. The higher was also the number of recovery orders from 9 117 in 2016 to 17 123 in 2017 (it is growth by 87,81%). The amount of signed recovery agreement amounted 140 and was higher by 600,00% from the number of contracts acquired a year earlier.

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

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

Read more