The board of AFORTI Holding S.A. („the Company”, „the Issuer”) with its registered seat in Warsaw, hereby announces to the public the estimated operating and sales data of the Aforti Group for July 2020.
1) Loans to entrepreneurs
In July 2020 AFORTI Finance did not grant any loans, which represents a decrease of 100% for the same month in 2019. The value of submitted applications amounted to PLN 132,205.18, which is 99.44% lower than in the same period of the previous year. Cumulatively, at the end of July 2020, the total value of loans granted to entrepreneurs amounted to
PLN 2,561,010.00, which is 84.59% less than in the previous year. At the same time, the total value of loan applications also decreased by 73.62 percent to PLN 40,457,413.47.
2) Exchange of currencies on online platforms
The value of trading on the FX platform in July 2020 was PLN 213,289,121.94, an 11.53% decrease compared to the same period last year.
After seven months of this year, the total value of trading on the currency exchange platform reached PLN 806,219,659.79, which means a reduction of 44.76 percent year-on-year.
3) Collection orders
The nominal value of debt collection orders in July 2020 was PLN 80,334,875.86. This represents an increase of 154.26% year-on-year. The number of debt collection orders was 15,047 and was 69.72% higher than in July 2019.
On a cumulative basis, after seven months of 2020, the nominal value of debt collection orders reached PLN 390,535,215.25, an increase of 43.51 percent. At the same time, there was an increase of 113.65% in the number of orders to 109,257.
4) Financed receivables
In July 2020, the value of the receivables financed by AFORTI Factor was PLN 2,166,037.53 and was 46.13% lower than last year. Cumulatively, after seven months of this year, AFORTI Factor financed a total of PLN 19,437,778.10 in receivables, down 21.96% year on year.
The table containing reported estimated data for July 2020 together with comparative data is included in the attachment to this current report.
The amounts have been converted to PLN based on the average NBP exchange rate on 31/07/2020.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information