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CR ESPI 18/2022 The estimated operating and sales data for the AFORTI Capital Group – June 2022
The Management Board of AFORTI Holding S.A. based in Warsaw (hereinafter: “Company”, “Issuer”) hereby publishes the estimated operating and sales figures of the AFORTI Capital Group for June 2022.
1) Currency exchange on online platforms
The trading value on the currency exchange platform in June 2022 amounted to approximately PLN 507.41 million and was 34.48 % higher compared to the same period of the previous year.
On a cumulative basis, after six months of 2022, the total value of trading on the foreign exchange platform reached approximately PLN 2 411.84 million, representing a year-on-year increase of 18.53 %.
2) Recovery orders
The nominal value of recovery orders in June 2022 amounted to approximately PLN 59.55 million and was 11.30 % higher year-on-year.
On a cumulative basis, after six months of 2022, the nominal value of collection orders reached approximately PLN 395.19 million, registering a year-on-year decrease of 1.80 %.
3) Debt claims financed
In June 2022, the value of financed receivables by AFORTI Factor amounted to approximately PLN 0.22 million and was down 63.01% year-on-year.
On a cumulative basis, after six months of the current year AFORTI Factor financed a total of approx. PLN 2.34 million of receivables, recording a reduction of 66.41 % year-on-year.
4) Total sales
In June 2022, total sales in the AFORTI Group amounted to approximately EUR 135.22 million, up 40,28 % year-on-year.
On a cumulative basis, after six months of 2022, the total value of sales in the AFORTI Group reached approximately EUR 669,79 million, an increase of 22.25 % year-on-year.
5) Total number of customers
In June 2022, the total number of customers in the AFORTI Group was 6.984 and was 10.73 % higher than in the same period of the previous year.
A table containing the reported estimates for June 2022 together with comparative data is attached to this current report.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information
CR ESPI 19/2021 – Notification of transactions of persons discharging managerial responsibilities
The Management Board of Aforti Holding S.A. with its registered office in Warsaw (the “Company”, “Issuer”) hereby announces that on 15 March 2021 the Company received a notification of transactions by a person closely related to a person discharging managerial responsibilities in the Company.
The notification was submitted by Aforti Factor S.A.
The sale of the Issuer’s shares by Aforti Factor S.A. consisted of two transactions (1,130 shares and 580 shares) at a nominal price of PLN 1.00 per share and the purchasers were managers working in the Issuer’s Capital Group.
The transaction was incidental, related to series I shares of the Issuer, not yet introduced to trading on the NewConnect market and was intended to appreciate the best sales results achieved in the last financial year.
The notifications are attached to this report.
Legal basis: Article 19 (3) MAR – information on transactions executed by persons discharging managerial responsibilities
CR ESPI 19/2022 Withdrawal from the Investment Agreement
The Management Board of Aforti Holding S.A., with its registered office in Warsaw (hereinafter: the “Issuer”), in reference to the current report RB ESPI 11/2022 concerning the conclusion of an Investment Agreement (hereinafter: the “Agreement”) with the shareholders of For-Net S.A. with its registered office in Cracow, and with reference to the current report RB ESPI 14/2022 on the fulfillment of further conditions of the Agreement, informs that the Issuer and its subsidiary Aforti Collections S.A. received today a statement of withdrawal of one of the parties representing 7.15% of the investment agreement from the Investment Agreement. The Issuer and its subsidiary Aforti Collections S.A. are of the opinion that the statement in question is legally defective.
At the same time, the Issuer and its subsidiary Aforti Collections S.A. called on the parties to the Agreement to return the funds paid in connection with the Agreement by July 19, 2022. If the funds are not returned by July 19, 2022. the Issuer and its subsidiary Aforti Collections S.A. proposed an alternative solution of terminating the Agreement and repaying the remaining parties to the Agreement while continuing to remain the sole owner of For-Net S.A. through its subsidiary Aforti Collections S.A.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information
CR ESPI 2/2020 – The estimated operational and sales data of subsidiaries Aforti Finance S.A., Aforti Finance Romania IFN S.A., Aforti Exchange S.A., Aforti Exchange Romania S.A., Aforti Collections S.A. and Aforti Factor S.A. – December 2019
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 Finance Romania IFN 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 December 2019
1) The estimated operational and sales results of Aforti Finance S.A. for December 2019:
In December 2019 Aforti Finance S.A. granted15 loans (decrease by 68,75%) with a total value of PLN 1 325,81 thousand, which is a decrease of 70,65% compared to the same month of 2018. The value of submitted applications amounted to PLN 4 446,40 thousand and that is a result lower by 84,53% compared to the same period of the previous year. In December 2019, there were filed 64 loan applications, what in relation to the same month of 2018 is a reduction of 70,37%.
Cumulatively, after twelve months of 2019, Aforti Finance SA granted 176 loans (70,02% less YoY) with total value PLN 23 672,56 thousand and it is a decrease by 60,01% compared to 2018. In the period from January to the end of December 2019, there were filed 1 341 loan applications with total value PLN 195 719,08 thousand. The number of submitted applications was reduced by 64,90%, and their total value by 59,20% in relation to the same period in the previous year.
2) The estimated operational and sales results of Aforti Finance Romania IFN S.A. for December 2019:
In December 2019, Aforti Finance Romania IFN S.A. – an entity operating in Romania – has granted 2 loans to entrepreneurs with the total value of RON 333,84 thousand. At the same time, Romanian entrepreneurs submitted 4 applications last month for a total amount of RON* 1 198,50 thousand.
After twelve months of 2019 year the Company accepted 79 loan applications with a total value of RON 15 094,88 thousand. In this time were granted 13 loans with total value of RON 1 462,43 thousand.
On 31/10/2018, the Company obtained a license of a non-banking financial institution (IFN) allowing it to start operating activities.
3) The estimated operational and sales results of Aforti Exchange S.A. for December 2019:
The currency exchange platform’s turnover in December 2019 reached EUR 24 242,21 thousand and was lower by 28,72% compared to the same period of the previous year.
At the same time, after twelve months of the 2019, the turnover reached the level of EUR 421 157,38 thousand, an increase of 56,01% year-on-year.
4) The estimated operational and sales results of Aforti Exchange Romania S.A. for December 2019 :
The value of trading on the currency exchange platform in Romania in December 2019 amounted to EUR 6 672,96 thousand which is a decrease of 33,36% in relation to December 2018.
In the period from January to the end of December 2019, Aforti Exchange Romania S.A. recorded EUR 159 353,87 thousand of the total turnover value, which in comparison to the previous year is an increase of 134,99%.
5) The total estimated operational and sales data of Aforti Exchange for December 2019:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in December 2019 amounted to EUR 30 915,17 thousand, which in comparison to the same period in the previous year means a decrease of 29,78%.
At the same time, cumulatively after twelve months of 2019 the total value of turnover reached the level of EUR 580 511,25 thousand and it increased year-on-year by 71,87%.
6) The estimated operational and sales results of Aforti Collections S.A. for December 2019:
Nominal value of debt collection commissions on December 2019 reached PLN 34 252,89 thousand. This is an increase by 76391,49% YoY. The number of recovery orders amounted to 5 605 and was higher by 11577,08% compared to December 2018.
Cumulatively, after twelve months of 2019, the nominal value of the debt collection orders amounted to PLN 452 061,86 thousand, which is an increase by 2632,54% year-on-year. The number of orders also increased by 1698,65% to 82 900. At the same time, the number of debt recovery agreements concluded after the twelve months of 2019, decreased by 27,14% to 51.
7) The estimated operational and sales results of Aforti Factor S.A. for December 2019:
In December 2019 the value of receivables financed by Aforti Factor S.A. amounted to PLN 2 016,00 thousand and was lower by 5,75% than in the previous year.
Further, after twelve months of 2019, this value reached level of PLN 40729,52 thousand, recording an increase of 49,27% year-on-year.
A table containing estimated additional data, reported for December 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
*RON = Romanian currency
CR ESPI 2/2021 – The estimated operating and sales data for the AFORTI Group – December 2020.
The Management Board of AFORTI Holding S.A. with its seat in Warsaw (hereinafter referred to as the “Company”, “Issuer”) hereby submits Publication of the AFORTI Group’s operating and sales estimates for December 2020.
1) Exchange of currencies on online platforms
The value of trading on the FX platform in December 2020 amounted to PLN 415,210,025.57 and was 191.03% higher than in the corresponding period of the previous year.
After twelve months of 2020, the total value of trading on the currency exchange platform reached the level of 2,216,977,329.14 PLN, which means a reduction of 17.24% year-on-year.
2) Collection orders
The nominal value of debt collection orders in December 2020 was PLN 32 148 126.77. This represents a 6.14% year-on-year reduction. The number of debt collection orders was 8,042 and was 43.48% higher compared to December 2019.
On a cumulative basis, after twelve months of 2020, the nominal value of debt collection orders reached PLN 676,545,039.20, which means an increase of 49.66%. At the same time, there was an increase of 128.85% in the number of orders to 189 720.
3) Financed receivables
In December 2020, the value of the receivables financed by AFORTI Factor was PLN 1,153,467.21 and was 42.78% lower than a year ago.
Cumulatively, after twelve months of the current year, AFORTI Factor financed a total of 27 288 005.87 PLN of receivables, noting a 33.00% reduction in relation to the previous year.
The table with reported estimated data for December 2020 together with comparative data is attached to this current report.
The amounts given were converted into PLN based on the average NBP exchange rate of 31.12.2020.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information