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 April 2020.
1) Loans for entrepreneurs
In April 2020, Aforti Finance did not grant any loans in Poland or Romania, which is a decrease of 100% for the same month in 2019. The value of submitted applications amounted to PLN 6,945,240.20, a result lower by 67.89% compared to the same period of the previous year.
Cumulatively, at the end of April 2020, the total value of loans granted to entrepreneurs in the country and abroad amounted to PLN 2 219 968.85, that is 100 percent less than last year. At the same time, the total value of loan applications also decreased by 67% up to level PLN 28 909 907.05
2) Currency exchange on online platforms
The total value of turnover on the currency exchange platform in Poland and Romania in April 2020 was PLN 94,329,519.24 and was lower by 58.47% compared to the same period of the previous year.
After four months of current year, the total value of turnover on the domestic and abroad currency exchange platform reached PLN 402 809 377.18, which means a reduction of 50,74%. YoY.
3) Collection orders
The nominal value of recovery orders in April 2020 was PLN 68 171 856.59. This represents an increase of 88.06% year-on-year. The number of recovery orders amounted to 14,588 and was 63.74% higher than in April 2019.
In increasing terms, after four months of 2020, the nominal value of debt recovery orders reached PLN 189 320 459.29, which means an increase by 33,81 percent. At the same time, there was an increase of 68,68 percent on number of orders up to 44 849.
4) Financed claims
In April 2020, the value of receivables financed by Aforti Factor 3,444,389.01 and was 101.34% higher than a year ago.
Cumulatively, after three months of this year, Aforti Factor financed PLN 11 768 512.15 of a total receivables, recording a reduction of 2,14 percent in relation to the previous year.
The table containing reported estimated data for April 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 30/04/2020.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information