EQS-News: Eleving Group S.A.
/ Key word(s): Interim Report
Strong financial performance and a solid foundation for continued growth Operational and strategic highlights Profitability
Growth
Operational Milestones
Financial highlights and progress
Comments from Eleving Group CEO and CFO Modestas Sudnius, CEO of Eleving Group The first nine months of 2025 reiterated Eleving Group's ability to deliver consistent performance across diverse markets and product lines. We are pleased to report a record-high loan issuance in the first nine months of 2025, with EUR 323.5 million in loans issued to new and existing clients-representing a 23.4% increase compared to the same period last year. The third quarter showcased our growth potential, achieved without compromising profitability. Our strategy to strengthen our presence in the existing markets through a broader product offering, while simultaneously expanding into new markets and launching new product lines, continues to drive our growth. The African region showed strong quarter-onquarter results, driven by the rapid growth of our smartphone financing product. Motorcycle lending in Kenya and Uganda also continued to perform well, showing stable growth. In October, we entered a new market in Tanzania with our vehicle financing business line, marking another important milestone in our regional expansion. Meanwhile, in Europe, our initiatives to improve client retention are delivering strong results, generating additional EUR 4 million in monthly sales from the existing customers. On the funding side, we successfully completed the largest public bond issuance in the company's history, raising EUR 275 million. This achievement strengthens our financial position, gives us more flexibility in refinancing our existing liabilities, and supports our expansion plans. With a strong capital base, we look forward to further growth across our markets. Maris Kreics, CFO of Eleving Group In the third quarter, we began to prepare for the refinancing of our bonds maturing in 2026 with a total nominal value of EUR 150 million. In response to a strong investor interest, in October 2025, we successfully issued bonds totaling EUR 275 million. The transaction attracted institutional investors from Europe, the United States, and the Middle East, as well as retail investors from the Baltics and Germany. At the same time, we continued to diversify and strengthen our funding base by securing new debt facilities in local currencies, thereby reducing foreign exchange risk and expanding financing in non-euro markets, including countries where such facilities had not been previously established. Reflecting on the financial results of the first nine months of 2025, we remain on track to meet our net portfolio, revenue growth, and profitability targets for the year. The solid performance testifies to disciplined execution of our strategy outlined at the beginning of the year. Building on these results, we plan to make a second dividend payment at the end of November 2025, in line with the company's dividend policy and our commitment to creating value for our shareholders. Looking ahead, we will maintain a disciplined approach to funding and cost management while supporting the Group's continued expansion. With a strong balance sheet, Eleving Group is well positioned to pursue sustainable growth and deliver consistent returns. Full unaudited consolidated report on the 9M period ended on 30 September: https://www.eleving.com/investors/reports Conference Call: The Group's management team will hold a conference call in English on 11 November 2025 at 15:00 CET to present the results. Conference call registration link here. About Eleving Group Eleving Group is a publicly listed international financial technology company founded in 2012. Today, the Group operates in 17 countries across three continents, providing vehicle and consumer financing services. Since its founding, Eleving Group has served more than 1.4 million registered users. The Group employs over 3,600 people across its operations. The company's headquarters are located in Riga, Latvia. Since October 16, 2024, Eleving Group shares have been listed on both the Nasdaq Baltic Official List and the Frankfurt Stock Exchange Prime Standard. Additional information: Elina Dobulane Group's Chief Corporate Affairs Officer, Eleving Group elina.dobulane@eleving.com | +371 25959447 IMPORTANT INFORMATION This announcement does not constitute an offer or a solicitation, nor a recommendation to purchase or sell securities or other investments referred to herein, including an offer of bonds to the public in the United Kingdom. It is recommended that any investor interested in investing makes their own independent and informed assessment and seeks their own independent legal, tax and/or financial investment advice from a competent financial advisor. The announcement does not constitute independent investment advice. No prospectus has been or will be approved in the United Kingdom in respect of the securities. Accordingly, this announcement is not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this announcement as a financial promotion may only be distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "Relevant Persons"). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this announcement or any of its contents. The information contained herein is not for release, publication, or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, or any other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities, including bonds in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform themselves of and observe all such restrictions. This announcement does not constitute an offer of securities for sale in the United States. The securities have not been and will not be registered under the Securities Act or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. This announcement does not constitute a prospectus for the purposes of Directive 2003/71/EC, as amended, and does not constitute a public offer of securities in any member state of the European Economic Area. 10.11.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Eleving Group S.A. |
| 8-10 avenue de la Gare | |
| 1610 Luxembourg | |
| Luxemburg | |
| Internet: | www.eleving.com |
| ISIN: | LU2818110020, XS2393240887 |
| WKN: | A40Q8F , A3KXK8 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; SIX |
| EQS News ID: | 2226424 |
| End of News | EQS News Service |
2226424 10.11.2025 CET/CEST
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