DelfinGroup Stock Analysis and Price Forecast
DelfinGroup, a Latvian fintech company established in 2009, operates under the brands Banknote and VIZIA. The company provides consumer loans, pawn loans, POS loans, and sells pre-owned goods. Recently, DelfinGroup expanded its operations to Lithuania, opening five branches of its circular economy concept shop Banknote in Vilnius. The company aims to integrate financial and retail services, offering innovative solutions and a high level of customer service.
Finance Performance
DelfinGroup has shown consistent financial growth. In 2021, the company reported its highest profit in history, with a revenue of 25.5 million euros and a profit before tax of 5.2 million euros. The company’s revenue increased by 7.7% compared to 20203. In 2023, DelfinGroup achieved record-high results, with income soaring to 50.4 million euros and EBITDA reaching 18.2 million euros. The company has been profitable every year since 2010.
DelfinGroup Strategy
DelfinGroup aims to be a leader in the fast-growing, dynamic and changing fintech industry by attracting the strongest talent, offering widely used and modern financial and retail products, and maintaining efficient and transparent management processes. Through continued focused technology and product development, DelfinGroup aims to become the first choice for customers in the represented geographies and product lines.
Investment insight
Investment Scoreboard:
DelfinGroup Stock Price Forecast:
| MIN/MAX | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| MIN | 4.62 | 4.68 | 4.74 | 4.81 | 4.87 |
| MAX | 7.38 | 7.48 | 7.58 | 7.68 | 7.79 |
Dividend Policy
DelfinGroup has a dividend policy aimed at providing returns to its shareholders while ensuring sustainable growth. The company has paid regular dividends, and the dividend yield is currently 0.82%. The policy focuses on balancing dividend payments with reinvestment in the company’s growth and development initiatives.
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Conclusion
DelfinGroup, a prominent Latvian fintech company, continues to demonstrate strong financial performance and strategic expansion. With a consistent history of profitability and record-high financial results in 2023, the company is well-positioned for growth. Its recent expansion into Lithuania and its innovative integration of financial and retail services highlight its commitment to becoming a leader in the fintech industry. Investors can find promise in DelfinGroup’s stable cash flows and strategic dividend policy, making it a compelling long-term investment opportunity.