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 August 2018
1) The estimated operational and sales results of Aforti Finance S.A. for August 2018:
In August 2018 Aforti Finance S.A. granted 47 loans (decrease by 11,90%) with a total value of PLN 5 077,33 thousand, which is an increase of 54,74% compared to the same month of 2017.
The value of submitted applications amounted to PLN 46 711,50 thousand and that is a result higher by 143,84% compared to the same period of the previous year. In August 2018, there were filed 342 loan applications, an increase of 62,86% compared to the same month of 2017.
Cumulatively, after the eight months of 2018, Aforti Finance SA granted 394 loans (32,21% more YoY) with total value PLN 41 134,48 thousand and it is an increase by 100,40% compared to 2017. In the period from January to the end of August 2018, there were filed 2689 loan applications with total value PLN 340 787,22 thousand. The quantity of the loans rose up by 90,84% and their total value by 227,84% in relation to the same period in the previous year.
2) The estimated operational and sales results of Aforti Exchange S.A. for August 2018:
The currency exchange platform’s turnover in August 2018 reached 20 796,86 thousand EUR and was higher by 171,01% compared to the same period of the previous year. At the same time, after seven months of the current year, the turnover reached the level of 151 942,29 thousand EUR, an increase of 229,07% year-on-year.
3) The estimated operational and sales results of Aforti Exchange Romania S.A. for August 2018 :
The value of trading on the currency exchange platform in Romania in August 2018 amounted to 3 888.05 thousand EUR. At the end of August 2018, Aforti Exchange Romania S.A. recorded 28 685.16 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 August 2018:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in August 2018 amounted to EUR 24 684.91 thousand, which in comparison to the same period in the previous year means an increase of 221.68%.
At the same time, cumulatively after the eight months of this year the total value of turnover reached the level of EUR 180 627.45 thousand and it increased year-on-year by 291,19%
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 August 2018:
Nominal value of debt collection commissions on August 2018 reached PLN 354.21 thousand. This is a decrease of 90.74% YoY. The number of recovery orders amounted to 18 and was lower by 98.94% compared to August 2017.
The company concluded 6 contracts in the indicated month, which is a decrease by 57,14% compared to the same period in the previous year.
Cumulatively, at the end of August 2018, the nominal value of the debt collection orders amounted to PLN 10 481.56 thousand, which is a decline of 47.22% year-on-year. The number of orders also decreased by 91.34% from 15 860 to 1 373. At the same time, the number of debt recovery agreements concluded after the eight months of this year, decreased by 51.85% to 52.
6) The estimated operational and sales results of LifeBelt Sp. z o.o. for August 2018:
In August 2018, the nominal value of LifeBelt debt collection orders amounted to PLN 37 954.42 thousand. and their number was equal to 6 133. In addition, in August this year the company signed 1 new debt collection contract.
In the period from January to the end of August 2018, the nominal value of the debt collection orders in the company’s portfolio reached the level of PLN 287 077.93 thousand. The number of collections was 62 886. In the indicated period, 2 new debt collection contracts were obtained.
The comparative data for the previous year are not available due to the fact that the company was not part of the Aforti Group.
7) The estimated total operational and sales data of Aforti Collections S.A. and LifeBelt sp. o.o. for August 2018:
The total nominal value of the orders of Aforti Collections SA and LifeBelt sp. o.o. in August 2018 amounted to PLN 38 308.62 thousand and was higher by 901,62% than in the corresponding period of the previous year. The total number of debt collection orders was equal to 6 151 (increase by 260.97%). In August, both companies concluded a total of 7 new debt collection agreements.
From the beginning of 2018 to the end of August, the total nominal value of debt collection orders reached PLN 297 559.49 thousand, which means an increase of 1398,49% year-on-year. At the same time, the total number of collection orders amounted to 64 259 (increase by 305.16%). In the indicated period, the companies concluded a total of 54 debt collection agreements.
8) The estimated operational and sales results of Aforti Factor S.A. for August 2018:
In August 2018 the value of receivables financed by Aforti Factor S.A. amounted to PLN 3 517.86 thousand. Further, at the end of August 2018 this value reached level of PLN 14 407.47 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 August 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