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 October 2018
1) The estimated operational and sales results of Aforti Finance S.A. for October 2018:
In October 2018 Aforti Finance S.A. granted 57 loans (decrease by 42.50%) with a total value of PLN 4 861,66 thousand, which is an increase of 12.15% compared to the same month of 2017.
The value of submitted applications amounted to PLN 37 544,03 thousand and that is a result higher by 76.45% compared to the same period of the previous year. In October 2018, there were filed 327 loan applications, an increase of 35.68% compared to the same month of 2017.
Cumulatively, after ten months of 2018, Aforti Finance SA granted 494 loans (30.34% more YoY) with total value PLN 50 022,69 thousand and it is an increase by 78.81% compared to 2017. In the period from January to the end of October 2018, there were filed 3263 loan applications with total value PLN 411 446,04 thousand. The quantity of the loans rose up by 75,15% and their total value by 185,67% in relation to the same period in the previous year.
2) The estimated operational and sales results of Aforti Exchange S.A. for October 2018:
The currency exchange platform’s turnover in October 2018 reached EUR 33 213,43 thousand and was higher by 164,49% compared to the same period of the previous year. At the same time, after ten months of the current year, the turnover reached the level of EUR 206 373,80 thousand, an increase of 201,19% year-on-year.
3) The estimated operational and sales results of Aforti Exchange Romania S.A. for October 2018 :
The value of trading on the currency exchange platform in Romania in October 2018 amounted to EUR 12 973.11 thousand. At the end of October 2018, Aforti Exchange Romania S.A. recorded EUR 47 459.14 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 October 2018:
The total value of trading on the currency exchange platforms of Aforti Exchange operated in Poland and in Romania in October 2018 amounted to EUR 46 186.54 thousand, which in comparison to the same period in the previous year means an increase of 276.80%.
At the same time, cumulatively after the ten months of this year the total value of turnover reached the level of EUR 253 832.95 thousand and it increased year-on-year by 270,46%
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 October 2018:
Nominal value of debt collection commissions on October 2018 reached PLN 1 095.55 thousand. This is a increase of 226.77% YoY. The number of recovery orders amounted to 863 and was higher by 50.61% compared to October 2017. The company concluded 7 contracts in the indicated month, which is thesame number as in the previous year.
Cumulatively, at the end of October 2018, the nominal value of the debt collection orders amounted to PLN 12 753.43 thousand, which is a decline of 39.45% year-on-year. The number of orders also decreased by 82.51% from 16 767 to 2 933. At the same time, the number of debt recovery agreements concluded after the ten months of this year, decreased by 49.21% to 64.
6) The estimated operational and sales results of LifeBelt Sp. z o.o. for October 2018:
In October 2018, the nominal value of LifeBelt debt collection orders amounted to PLN 40 570.94 thousand and their number was equal to 6412. In addition, in October this year the company signed 1 new debt collection contract.
In the period from January to the end of October 2018, the nominal value of the debt collection orders in the company’s portfolio reached the level of PLN 358 875.76 thousand. The number of collections was 77 107. In the indicated period, 3 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 October 2018:
The total nominal value of the orders of Aforti Collections SA and LifeBelt sp. o.o. in October 2018 amounted to PLN 41 666.49 thousand and was higher by 12328.02% than in the corresponding period of the previous year. The total number of debt collection orders was equal to 7275 (increase by 1169,63%). In October, both companies concluded a total of 8 new debt collection agreements.
From the beginning of 2018 to the end of October, the total nominal value of debt collection orders reached PLN 371 629.20 thousand, which means an increase of 1664.36% year-on-year. At the same time, the total number of collection orders amounted to 80 040 (increase by 377.37%). In the indicated period, the companies concluded a total of 67 debt collection agreements.
8) The estimated operational and sales results of Aforti Factor S.A. for October 2018:
In October 2018 the value of receivables financed by Aforti Factor S.A. amounted to PLN 3 390.58 thousand. Further, at the end of October 2018 this value reached level of PLN 20 476.74 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 October 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