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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. – June 2018 CR 72/2018
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 June 2018
1) The estimated operational and sales results of Aforti Finance S.A. for June 2018:
In June 2018 Aforti Finance S.A. granted 35 loans (decrease by 16,67% YoY related to testing new analytical processes and solutions in the Company, which are to improve and speed up the Customer service process) with a total value of PLN 3 473,10 thousand, which is an increase of 1,40% compared to the same month of 2017.
The value of submitted applications amounted to PLN 48 739,40 thousand and that is a result higher by 217,95% compared to the same period of the previous year. In June 2018, there were filed 400 loan applications, an increase of 110,53% compared to the same month of 2017.
Cumulatively, after the first half of 2018, Aforti Finance SA granted 308 loans (45,28% more YoY) with total value PLN 32 675,88 thousand and it is an increase by 136,62% compared to 2017. In the period from January to the end of June 2018, there were filed 1970 loan applications with total value PLN 244 038,94 thousand. The quantity of the loans rose up by 100,61% and their total value by 280,73% in relation to the same period in the previous year.
2) The estimated operational and sales results of Aforti Exchange S.A. for June 2018:
The currency exchange platform’s turnover in June 2018 reached 21 666,35 thousand EUR and was higher by 284,17% compared to the same period of the previous year. At the same time, after six months of the current year, the turnover reached the level of 112 121,01 thousand EUR, an increase of 239,25% year-on-year.
3) The estimated operational and sales results of Aforti Exchange Romania S.A. for June 2018 :
The value of trading on the currency exchange platform in Romania in June 2018 amounted to 3 979,67 thousand EUR. At the end of June 2018, Aforti Exchange Romania S.A. recorded 19 713,66 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 total estimated operational and sales data of Aforti Exchange for June 2018:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in June 2018 amounted to EUR 25 646,02 thousand, which in comparison to the same period in the previous year means an increase of 354.73%.
At the same time, cumulatively after the first half of this year the total value of turnover reached the level of EUR 131 334,66 thousand and it increased year-on-year by 298.90%
The total comparative data for 2017 include only the result generated by Aforti Exchange S.A. due to the fact that Aforti Exchange Romania S.A. was registered in June 2017.
5) The estimated operational and sales results of Aforti Collections S.A. for June 2018:
Nominal value of debt collection commissions on June 2018 reached PLN 1 049,36 thousand. This is a decrease of 21,47% YoY. The number of recovery orders amounted to 328 and was lower by 21,15% compared to June 2017. The company concluded 23 contracts in the indicated month, which is an increase by 43,75% compared to the same period in the previous year.
Cumulatively, at the end of June 2018, the nominal value of the debt collection orders amounted to PLN 9 670,84 thousand, which is a decline of 32,89% year-on-year. The number of orders also decreased by 90,31% from 13 903 to 1 347. At the same time, the number of debt recovery agreements concluded in the first half of this year, decreased by 43,24% to 42.
6) The estimated operational and sales results of Aforti Factor S.A. for June 2018:
In June 2018 the value of receivables financed by Aforti Factor S.A. amounted to PLN 2 476,13 thousand. Further, at the end of June 2018 this value reached level of PLN 8 759,28 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 June 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
Supplementary information to Report No. 23/2018 regarding the acquisition of the Subsidiary’s bonds CR 71/2018
The Management Board of Aforti Holding S.A. with its registered office in Warsaw (hereinafter: “the Company”, “the Issuer”), in reference to the current report of ESPI No. 23/2108 dated on 02/07/2012 regarding the acquisition by the Issuer of the bonds of the subsidiary Aforti Finance S.A. with its registered office in Warsaw (hereinafter: “the Subsidiary”), hereby informs that funds acquired by the Subsidiary from the issuance of the indicated bonds in the amount of PLN 22,000,000.00 (in words: twenty two million PLN) will be allocated to secure further dynamic growth of the loan action.
The Issuer’s investment in companies belonging to the Aforti Group is one of the elements of the implementation of the adopted development strategy.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information
Buy out of the M13 series bonds CR 73/2018
Legal basis: Article 3, Paragraph 1, Point 6) of the Exhibit 3 “Current and Periodical Information in the Alternative Trading System on the NewConnect market” to the Alternative Trading System Rules
Correction of current reports no. 46/2018 and 47/2018 – regarding the resignations of a Supervisory Board Members CR 70/2018
The Management Board of Aforti Holding S.A. based in Warsaw (“the Company”, “the Issuer”), hereby informs that as a result of typographical error, in reports no. 46/2018 and no. 47/2018 there were not indicated the date when the Company received the resignation letters from the members of the Supervisory Board: Mr Andrzej Podsiadło and Mr Krzysztof Dresler.
Attached to this report, the Issuer publishes the proper content of reports.
Acquisition of bonds of the Subsidiary Aforti Finance S.A. CR 69/2018
The Management Board of Aforti Holding S.A. with its registered office in Warsaw (hereinafter: “the Company”, “the Issuer”) hereby informs that on 29th June 2018 the Issuer, for PLN 22,000,000.00 (PLN twenty two million), acquired 22,000 (twenty-two thousand) of Series I10 subordinated bonds with a nominal value of PLN 1,000.00 each.
The bonds were issued through private placement through Aforti Finance S.A. with its registered office in Warsaw – a subsidiary of the Issuer.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information