UnaFinancial reveals Audited financial results for 2023
27 May 2024
UnaFinancial announces upcoming release of the audited special purpose consolidated financial statements for the year ended December 31, 2023.
- Total assets of the Group reached USD 125.4 M, up by 10.4% YoY. This growth reflects the continued focus on strategic investments and efficient resource management, contributing to the expansion and strengthening of our asset base;
- Total equity reached USD 10.2 M, a slight short-term decrease of 7.3% YoY due to effect of translation reserve;
- Interest income and commission income for the full year amounts to USD 192.2 M, representing 16.1% growth compared to the previous year;
- The FY 2023 net profit stands at USD 0.1 M.
Last year, we worked on developing a number of services: POS loans and Installment loans in the Philippines; a Global Digital Platform, which is designed to accelerate the launch of new products. We are also preparing to establish a microfinance company in Uzbekistan in partnership with JSCB Microcreditbank. The short-term decrease in earnings incurred last year is partly due to the active investments in new projects. Another factor was the strategic decision to sell our business in Vietnam in light of the economic risks and the current market climate. Still, the management's strategy already begins to yield positive results, with improved financial performance observed in 2024. Within the first 4 months of the year, the Group has earned USD 3.7 M.
CEO of UnaFinancial
Natalia Ishchenko
The financial statements have been prepared in accordance with the International Financial Reporting Standards (IFRS) and audited by Grant Thornton.
The Summary Special Purpose Consolidated Financial Report is available at https://una.financial/for-investors
