DelfinGroup revenues within the first quarter of 2023 elevated by 46% in comparison with the identical interval final yr, reaching €11.1M. The corporate’s EBITDA elevated to €3.9M, which is 53% greater than within the first quarter of 2022. Revenue earlier than taxes additionally elevated by 16% and reached €1.8M. As well as, the DelfinGroup mortgage portfolio has elevated by 9% because the starting of the yr, reaching €73.5M.
DelfinGroup has been worthwhile yearly since 2010 whereas making certain persistently excessive development charges. The corporate additionally demonstrates aggressive efficiency on the inventory alternate, offering shareholders with a dividend yield and sustaining development potential.
Shareholders have obtained dividends of as much as 50% of DelfinGroup’s revenue every quarter. Based mostly on dividend funds made by the corporate till 16 Might 2023, over the past 12 months, DelfinGroup has paid €5.5M in dividends, or €0.121 per share. This offered shareholders with a dividend yield of 8%, primarily based on the share worth on the closing of the 16 Might 2023 buying and selling session on the Nasdaq Riga inventory alternate. Based mostly on the dividends paid over the past 12 months on the supply worth of €1.35, the dividend yield can be 9%.
Based mostly on data included within the providing prospectuses, the most important shareholders of DelfinGroup are SIA L24 Finance (55.13%), SIA EC finance (18.22%), and SIA AE Consulting (8.75%), whereas different shareholders personal 17.9% of the shares.
Disclaimer: This announcement is an unpaid advertising communication in accordance with the Prospectus Regulation and doesn’t represent funding recommendation or a proposal. The data offered herein accommodates common forward-looking statements on the Public Choices of DelfinGroup shares by (1) SIA L24 Finance; (2) SIA EC finance. Each funding determination have to be primarily based on prospectuses permitted by Latvijas Banka. Please seek the advice of an knowledgeable earlier than investing, if mandatory. Authorized prospectuses can be found on Latvijas Banka’s web site (www.financial institution.lv).