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 May 2020.

1) Loans for entrepreneurs

In May 2020 Aforti, the value of loans granted by Aforti Finance in Poland reached

PLN 112,374.41, which represents a decrease of 94.90% year on year in 2019. The value of submitted applications was PLN 4,550,470.03, a decrease of 84.25% compared to the same period last year.

Cumulatively, at the end of May 2020, the total value of loans granted to entrepreneurs in the country amounted to PLN 2,231,076.16, which is 79.85% less than in the previous year. At the same time, the total value of loan applications also decreased by 71.58% to PLN 33,261,165.08.

2) Currency exchange on online platforms

The value of trading on the FX platform was PLN 81,567,924.21 in May 2020, a decrease of 64.72% year on year.

After five months of 2012, the total value of trading on the currency exchange platform reached PLN 473,540,892.03, which means a reduction of 53.88% year-on-year.

3) Collection orders

The nominal value of recovery orders in May 2020 was PLN 50,321,519.43. This represents an increase of 4.79% year-on-year. The number of collection orders was 22,535 and was 118.07% higher than in May 2019.

On a cumulative basis, after five months of 2020, the nominal value of recovery orders reached PLN 239,641,978.72, an increase of 26.30 percent. At the same time, the number of orders increased by 81.53 percent to 67,384.

4) Financed claims

In May 2020, the value of receivables financed by Aforti Factor was PLN 2,899,637.09 and was 10.19% lower than last year. Cumulatively, after five months of the year Aforti Factor financed a total of PLN 14,668,149.24 in receivables, down 10.19% year on year.

The table containing reported estimated data for May 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 29/05/2020.

Legal basis: Article 17 paragraph 1 of the MAR - confidential information

More information

Attachments

  • Original document
  • Permalink

Disclaimer

Aforti Holding SA published this content on 02 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2020 13:05:09 UTC