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 April 2018
1) The estimated operational and sales results of Aforti Finance S.A. for April 2018:
In April 2018 Aforti Finance S.A. granted 57 loans (increase by 67,65% YoY) with a total value of PLN 7528,19 thousand, which is an increase of 211,53% compared to the same month of 2017. The value of submitted applications amounted to PLN 55 203,71 thousand and that is a result higher by 407,72% compared to the same period of the previous year. In April 2018, there were filed 357 loan applications, an increase of 147,92% compared to the same month of 2017.
Cumulatively, after the first four months of 2018, Aforti Finance SA granted 220 loans (73,23% more YoY) with total value PLN 22 520,20 thousand and it is an increase by 225,31% compared to 2017. In the period from January to the end of April 2018, there were filed 1247 loan applications with total value PLN 147 689,15 thousand. The quantity of the loans rose up by 106,46% and their total value by 340,29% in relation to the same period in the previous year.
2) The estimated operational and sales results of Aforti Exchange S.A. for April 2018:
The currency exchange platform’s turnover in April 2018 reached 18 561,66 thousand EUR and was higher by 279,37% compared to the same period of the previous year. At the same time, after four months of the current year, the turnover reached the level of 64 677,82 thousand EUR, an increase of 214,99% year-on-year.
3) The estimated operational and sales results of Aforti Exchange Romania S.A. for April 2018 :
The value of trading on the currency exchange platform in Romania in April 2018 amounted to 2 881,67 thousand EUR. At the end of April 2018, Aforti Exchange Romania S.A. recorded 10 093,80 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 estimated operational and sales results of Aforti Collections S.A. for April 2018:
Nominal value of debt collection commissions on April 2018 reached PLN 77,20 thousand. This is an increase of 1,23% YoY. The number of recovery orders amounted to 2 and was lower by 97,40% compared to April 2017. The company concluded 2 contracts in the indicated month, which is a decrease by 33,33% compared to the same period in the previous year.
Cumulatively, at the end of April 2018, the nominal value of the debt collection orders amounted to PLN 7 805,03 thousand, which is a decline of 31,05% year-on-year. The number of orders also decreased by 92,69% from 12 845 to 939. At the same time, the number of debt recovery agreements concluded in the first quarter of this year, decreased by 67,74% to 10.
5) The estimated operational and sales results of Aforti Factor S.A. for April 2018:
In April 2018 the value of receivables financed by Aforti Factor S.A. amounted to PLN 1 557,84 thousand. Further, at the end of April 2018 this value reached level of PLN 4 490,87 thousand.
The date comparative are not available because the Company had started its operating activities from the third quarter of the previous year.
A table containing estimated additional data, reported for April 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