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 March 2019
1) The estimated operational and sales results of Aforti Finance S.A. for March 2019:
In March 2019 Aforti Finance S.A. granted 14 loans (decrease by 75,00%) with a total value of PLN 2 011,59 thousand, which is an decrease by 59,92% compared to the same month of 2018. The value of submitted applications amounted to PLN 16 507,65 thousand and that is a result lower by 48,53% compared to the same period of the previous year. In March 2019, there were filed 119 loan applications, to the same month of 2018 that is a lower result by 62,81%.
Cumulatively, in the end of March 2019, Aforti Finance SA granted 53 loans (67,48% less YoY) with total value PLN 7 188,13 thousand and it is a decrease by 52,05% compared to 2018. In the period from January to the end of March 2019, there were filed 482 loan applications with total value PLN 65 155,95 thousand. The quantity of the loans reduced by 45,84% and their total value by 29,55% in relation to the same period in the previous year.
2) The estimated operational and sales results of Aforti Exchange S.A. for March 2019:
The currency exchange platform’s turnover in March 2019 reached EUR 34 008,27 thousand and was higher by 51,33% compared to the same period of the previous year. At the same time, after three months of the 2019, the turnover reached the level of EUR 99 229,61 thousand, an increase of 115,17% year-on-year.
3) The estimated operational and sales results of Aforti Exchange Romania S.A. for March 2019:
The value of trading on the currency exchange platform in Romania in March 2019 amounted to EUR 9 492,01 thousand which is an increase of 141,06% in relation to March 2018.
In the period from January to the end of March 2019, Aforti Exchange Romania S.A. recorded EUR 30 793,98 thousand of the total turnover value, which in comparison to the previous year is an increase of 326,97%.
4) The total estimated operational and sales data of Aforti Exchange for March 2019:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in March 2019 amounted to EUR 43 500,28 thousand, which in comparison to the same period in the previous year means an increase of 64,71%.
At the same time, cumulatively after the three months of 2019 the total value of turnover reached the level of EUR 130 023,59 thousand and it increased year-on-year by 143,82%.
5) The estimated operational and sales results of Aforti Collections S.A. for March 2019:
Nominal value of debt collection commissions on March 2019 reached PLN 28 958,80 thousand. This is an increase of 465,40% YoY. The number of recovery orders amounted to 5039 and was higher by 7098,57% compared to March 2018. The company concluded seven contracts in the indicated month.
Cumulatively, at the end of March 2019, the nominal value of the debt collection orders amounted to PLN 105 214,74 thousand, which is an increase by 1261,50% year-on-year. The number of orders also increased by 1785,59% to 17 668 . At the same time, the number of debt recovery agreements concluded after the three months of 2019 was equal to 15 (an increase by 87,50% year-on-year).
6) The estimated operational and sales results of Aforti Factor S.A. for March 2019:
In March 2019 the value of receivables financed by Aforti Factor S.A. amounted to PLN 2 541,44 thousand and was higher by 81,90% than in the previous year. Further, after three months current year, this value reached level of PLN 10 315,19 thousand, recording an increase of 251,69% year-on-year.
A table containing estimated additional data, reported for March 2019 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