The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – May 2018 CR 54/2018

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  S.A., Aforti  Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. the Issuer’s subsidiaries for May 2018

  1. The estimated operational and sales results of Aforti Finance S.A. for May 2018:
    In May  2018 Aforti Finance S.A. granted 53 loans (increase by 23,26% YoY) with a total value  of  PLN 6 682,59 thousand, which is an increase of 93,07% compared to the same month of 2017.
    The value of submitted applications amounted to PLN 47 774,31 thousand and that is a result higher by 213,80% compared to the same period of the previous year. In May 2018, there were filed 323 loan  applications,  an  increase of 71,81%  compared to the same month of 2017.
    Cumulatively, after the first five months of 2018, Aforti Finance SA granted 273 loans (60,59% more YoY) with total value PLN 29 202,79 thousand and it is an increase by 181,23% compared to 2017. In the period from January to the end of May 2018, there were filed 1570 loan applications with total value PLN 195 279,82 thousand. The quantity of the loans rose up by 98,23% and their total value by 300,43% in relation to the same period in the previous year.
  2. The estimated operational and sales results of Aforti Exchange S.A. for May 2018:
    The currency  exchange  platform’s turnover in May 2018 reached 25 638,07 thousand EUR and  was higher by 272,84% compared to the same period of the previous year. At the same time, after five months of the current year, the turnover reached the level of 90 483,41 thousand EUR, an increase of 230,11% year-on-year.
  3. The estimated operational and sales results of Aforti Exchange Romania S.A. for May 2018 :
    The value of trading on the currency exchange platform in Romania in May 2018 amounted to 5 573,42 thousand EUR. At the end of May 2018, Aforti Exchange Romania S.A. recorded 15 727,53 thousand EUR of the total turnover value.
    In connection with the registration the Company on June 2017, the comparative data are not available.
  4. The estimated operational and sales results of Aforti Collections S.A. for May 2018:
    Nominal value of debt  collection commissions on May  2018 reached  PLN 816,45 thousand. This is a decrease of 53,44% YoY. The  number  of  recovery  orders  amounted  to 80 and  was  lower by 87,54% compared to May 2017.
    The company concluded 9 contracts in the indicated month, which is a decrease by 66,67% compared to the same period in the previous year.
    Cumulatively, at the end of May 2018, the nominal value of the debt collection orders amounted to PLN 8 621,48 thousand, which is a decline of 34,05% year-on-year. The number of orders also decreased by 92,44% from 13 487 to 1 019. At the same time, the number of debt recovery agreements concluded in the first five months of this year, decreased by 67,24% to 19.
  5. The estimated operational and sales results of Aforti Factor S.A. for May 2018:
    In  May  2018  the  value  of  receivables  financed  by  Aforti  Factor  S.A.  amounted  to  PLN  1 792,28 thousand.  Further, at the end of May 2018 this value reached level of PLN 6 283,15 thousand.
    The  date comparative  are  not  available  because the  Company had started  its  operating  activities from  January 2018.

A  table  containing  estimated  additional  data,  reported  for May  2018  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

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