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May 13, 2024

Eleving Group demonstrates strong performance and announces plans for future external equity raise 

In the first quarter of 2024, the Group has recorded EUR 22.0 mln in adjusted EBITDA and EUR 51.8 mln in revenues.

April 30, 2024

Audited results for twelve months ended 31 December 2023

Eleving Group closed 2023 with the best-ever business performance. Revenues, including fee and commission income, for the corresponding period reached EUR 189.3 mln, recording an increase of EUR 13.7 mln, compared to 2022. Meanwhile, the net portfolio grew by EUR 27.3 mln and landed at EUR 320.3 mln. 

April 17, 2024

Eleving Group plans to explore external equity-raising options for financing future growth - IPO is a high-priority consideration

Eleving Group has mandated LHV Pank (Estonia) to act as the Lead Arranger for a potential initial public offering (IPO).

April 10, 2024

Eleving Group 2021/26 bonds are listed on the Nasdaq Riga regulated market

Eleving Group announces that from today, April 10, 2024, its 2021/2026 bonds (ISIN XS2393240887) with a coupon rate of 9.5% and maturity in 2026, are listed on Nasdaq Riga regulated bond market.

February 12, 2024

An outstanding year with promising prospects for robust growth in the future 

Eleving Group has announced unaudited results for the 12M ended on 31 December 2023. The Group has recorded EUR 77.2 mln in EBITDA and EUR 191.1 mln in revenues.

January 16, 2024

Eleving Group raises EUR 10 mln for further business expansion in Romania

Eleving Group has just raised EUR 10 mln for its business in the Romanian market. The funding has been raised from ACP Credit, Central Europe's leading provider of financing solutions for middle-market businesses, and is made available to Mogo Romania, a subsidiary of Eleving Group.