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The record increase in the value of granted loans and the first month of operation of the company’s debt collection company.
Aforti Holding, a dynamically developing financial Group, offering financial services for small and medium-sized enterprises, has published operating and sales results for October 2016. …
Afforti Holding S.A.’s New Website
Aforti Holding S.A. launched its new website on October 11th 2016. The website is simple, user-friendly and has a functional structure, as well as intuitive navigation. One of many benefits of the state-of-the-art website …
Another bond buy-out
On October, 7th 2016 Aforti Holding S.A. bought out bonds. Another bond buy-out ( this time series E worth 310 thousand Zlotys) confirms applying high standards of investors’ relations in The Aforti Group and caring for investors’ money which shows the trust placed in our Company. We are grateful for the trust we have been receiving from You for the past few years!!
Aforti Holding finished the last month of the third quarter with strong operational-sales results
Aforti Holding, offering financial services for small and medium-sized businesses, published its operational and sales results for September 2016. The Group noted very good results regarding the value of the granted loans. In September alone, they reached 230 thousand Zlotys, which means that the result is higher by about 110% in comparison to the last year in the same time period. In this time the turnover on the currency exchange platform reached 2,68 million Euros and was higher by 110%.
Presented data relates to Aforti Finance S.A. and Aforti Exchange Sp. z o.o., which are included in Aforti Holding Corporate Group.
Aforti Finance S.A., which deals with microloans for small and medium-sized businesses in September 2016, gave loans for the total value of 230 thousand Zlotys – this result was better than the year before by about 110%. Since the beginning of the year the company gave loans for the total value of 2 262 thousand Zlotys which is a growth of about 96%. In September 2016 the value of the applications was comparable with the same period from the year before and reached 2 680 thousand Zlotys. Whereas the number of applications grew year over year by 5%.
“Another good month under our belt. We noted growth both in the amount of granted loans and filed applications in this period. The value of filed applications is also satisfactory. According to the new strategy, by the end of the year, we want to be in a particular place, that’s why we are concentrating on the intense growth of our loan-related business. We still have big potential to use in this area.” – said Klaudiusz Sytek, Board Chairman of Aforti Holding S.A.
Aforti Exchange, which provides currency exchange on the online platform, noted turnover of 2 18 thousand Euros in September 2016 – It was higher by 110% than the turnover in the same time period last year.
„Since the beginning of the year the value of the turnover reached nearly 19 mln Euros. This result is better by 42% in comparison to the same period in 2015. Aforti Exchange’s results reflect the clients’ increasing interest in our platform.” – stressed Klaudiusz Sytek.
Aforti Holding Group noted 23.83 mln Zlotys in the first half of 2016 consolidated sales revenue. In comparison to the same period in 2015 the result was better by 20%, when the consolidated sales revenue amounted to 19.89 mln Zlotys. By the end of June 2016 Group’s consolidated net profit was 332 thousand Zlotys.
About Aforti Corporate Group:
Aforti Holding is a Financial Group dedicated to small and medium-sized businesses , as well as micro companies. Aforti Holding provides The highest standards of congeneric Client service within the scope of private finance and company’s financial management. The services offered by the Group are directed towards the individual clients, experienced investors and medium-sized companies seeking optimal forms of financing their own activity and developmental programs.
Aforti Holding S.A. functions as a holding company for two key entities, which offer complimentary financial services for clients with wide portfolios and for Aforti Ac Sp. z.o. o. which offers a full range of accounting and payroll services for all entities within the group. It also provides marketing, legal and IT services for these Companies. Since 2011 the Company has been listed in the alternative exchange system on New Connect market.
Aforti Exchange Sp. z o.o. is a company providing currency exchange services via an online platform. The operator provides services consisting in exchanging nine currencies.
Aforti Exchange uses the developing trend – businessman, dealing with export and import of goods and services, are seeking savings connected with currency transactions. Online currency exchange and currency exchange platforms nowadays are the alternative to banking platforms – influencing the currency transaction cost rationalization.
Aforti Finance S.A. is a dynamically developing company offering micro-loans for businessman. Aforti Finance is created by professionals with years of experience in working with both individual clients and businesses. Aforti Finance’s staff have excellent expertise in the scope of financial products’ sales.
Aforti Holding: August – the peak month in the value of loan applications and currency exchange platform trade flow.
Aforti Holding, offering financial services for small and medium-sized companies, boasted about operational and sales results for August 2016. In the past month record-breaking results were noted: value of the loan applications was 2.6 mln Zlotys, and increased to 93%, trade flow on the currency exchange platform rose by 128% and amounted to 3.3 mln Euros.
Published data referred to subsidiaries – Aforti Finance S.A. and Aforti Exchange Sp. z o.o.
Vigorously developing micro-loan company for small and medium-sized businesses , Aforti Finance S.A., granted loan for the aggregated value of 323 thousand Zlotys in August 2016 ( In August last year the value of granted loans was 0 Zlotys). The worth of the applications is 2 615 thousand Zlotys, which translates into an increase of approximately 93% in comparison to the same period last year and a record-breaking result this year. In comparison to August 2015, the number of loan applications rose by 18%.
„August was the peak month when it comes to the worth of loan applications – which should mean further dynamic increases. We can see clients’ soaring interest. Naturally, 93% growth of the values of filed applications is a good forecast for the upcoming months. Nevertheless, it is just the beginning of our development. We have ambitious sales plans and to bring them to life we focus on our work.” – said Klaudiusz Sytek, Board Chairman of Aforti Holding S.A.
Additionally, the company reported data concerning its subsidiary – Aforti Exchange Sp. z o.o., which provides currency exchange services via an online platform. In August 2016 the turnover value was 3 269 thousand Euros and was higher by 128% in comparison to the same period last year.
“The results are very optimistic, however, not surprising to us. Aforti Exchange is developing in accordance with the strategy, which premise is the sudden increase of the trade flow value on the platform, as well as coming to existence on other European markets.” – added Klaudiusz Sytek.
August 2016 was the first period of the operational companies’ (within the Aforti Holding corporation group) monthly data publishing. The issuer will regularly communicate the information concerning the results of the operations and sales of the subsidiaries.