The Management Board of Kredyt Inkaso published the company’s preliminary results for the financial year 2020/21. According to them, the company will close this period achieving a very good result and net revenues totalling PLN 200.3 million for the entire Group and PLN 57.5 million for the Company.
In view the audited works involving the closing of the financial year – which in the case of Kredyt Inkaso started on 1 April 2020 and ended on 31 March 2021, the Management Board of the Company informed about the preliminary results achieved in this period. According to the preliminary calculations, the Group’s net revenues amounted to PLN 200.3 million, and the Group’s EBITDA amounted to PLN 92.9 million. The net profit on the consolidated level is PLN 45.5 million. As far as the Company itself is concerned, it is PLN 57.5 million of net revenue, EBITDA – PLN 4.5 million and a net loss of PLN 15.3 million, respectively. In consideration of the above, the Company can boast of good results at the end of the financial year.
At the same time, the Management Board of the Company points to the fact that these results include unaudited data and may differ from the final results subject to the audit of a statutory auditor. They will be published by the Company in the form of a separate annual report of the Company and a consolidated annual report of the Group. The publication is planned for 9 July 2021.
“The last year marked by the pandemic was abundant in unprecedented events, especially in the early stages, and did not lead to positive projections. Nevertheless, the preliminary results that we are currently publishing prove that we achieved a very satisfactory result notwithstanding the challenges we had faced. We are still waiting for its confirmation, but we can already say that we are coming out stronger from this period. We are ready to exploit the Company’s potential and the positive market situation in the debt management industry in the future.” – said Maciej Szymański, President of the Management Board of Kredyt Inkaso.
About Kredyt Inkaso
Kredyt Inkaso was established in 2001 as a pioneer on the Polish market of debt management. Ever since, it has been constantly supporting companies and entrepreneurs in the recovery process, cooperating with banks, lenders, insurers and other entities from the consumer market. Kredyt Inkaso offers a wide range of services: from payment monitoring, through amicable collection, to court and enforcement processes.
Since 2007, Kredyt Inkaso has been present on the Warsaw Stock Exchange, and in 2018 it conducted the first public issue of bonds. In its activity, the Company follows the principle that the process of debt collection should be as easy and intelligent as possible, but first of all, it should be ethical – which is confirmed by Ethical Audit Certificates awarded annually by the Association of Financial Enterprises in Poland. The Company also pays attention to the issues related to corporate social responsibility and therefore is involved in educational or pro-social undertakings, among others.
