News
LHV Bank has raised its target price for Eleving Group shares
Eleving Group announces that LHV Bank released an independent Results Review report on February 28, 2025. The report provides a comprehensive analysis of the Group’s Q4 2024 performance and raises the target share price to EUR 2.35.
Eleving Group invites to the Investor call on 3 March 2025 dedicated to the Bond Tap Offering
Eleving Group invites investors, analysts, media representatives, and other stakeholders to the Investor call with the Management Board on 3 March 2025, 15:00 CET, following the launch of the Bond Tap Offering subscription period.
Eleving Group surpasses EUR 2.0 billion in issued loans
Eleving Group, a Baltic-headquartered global multi-brand fintech company, has reached two billion euros issued in loans since its inception in 2012.
Eleving Group starts public bond offering by tapping its existing 2023/2028 Eurobonds with a yield of 10%
Eleving Group has launched a public offering by tapping its existing senior secured and guaranteed 2023/2028 Eurobonds with ISIN (DE000A3LL7M4) by up to EUR 50 mln. This issuance will bring the outstanding amount of the existing bonds, currently listed on the Nasdaq Riga and Frankfurt Stock Exchange, to a maximum of EUR 100 mln. Investors in Latvia, Estonia, Lithuania, and Germany can subscribe to the bonds through their custodian banks from February 19 until March 7.
Eleving Group reconfirms future growth projections and estimates EUR 14-15 mln dividend payout in May 2025
Eleving Group has announced its unaudited financial results for 2024, reporting a net profit of EUR 29.6 mln. In line with its 50% dividend payout policy, the company estimates EUR 14-15 mln in dividends for the full year 2024.
Eleving Group 12M results ended on December 31, 2024
During the twelve months of 2024, Eleving Group delivered the best financial results in the company’s history. Eleving Group’s twelve-month adjusted EBITDA reached EUR 90.0 mln, while its revenue increased to EUR 217.0 mln.