RB 35/2025
The Management Board of PragmaGO S.A. (the “Issuer”) presents the estimated results of the Group in terms of turnover and number of clients for the second quarter of 2025 and the first half of 2025. The final results will be provided in the content of the interim report scheduled for publication on September 18, 2025.
Q2 2025 results.
Turnover understood as the face value of financed receivables in Q2 2025 amounted to PLN 756.6 million, up 32% year-on-year, of which PLN 552.5 million was attributable to factoring (up 21% year-on-year) and PLN 204.1 million (up 74% year-on-year) to loans, including embeded finance products (Merchant Cash Advance and BNPL B2B).
Digital factoring achieved a 45% increase in the value of financed receivables compared to Q2 last year, reaching a turnover of PLN 350.9 million.
In Q2 2025, 14,808 entrepreneurs used PragmaGO Group’s services (up 41% year-on-year) to complete a total of 197,125 transactions (up 87% year-on-year). Factoring was used by 1,346 customers (6% more than in the same period last year).
In Q2 2025, 13,479 entrepreneurs used embedded finance services (a 46% increase compared to Q2 2024), including:
– The Merchant Cash Advance service was used by 2,710 entrepreneurs (up 83% year-on-year), who received financing worth PLN 125.2 million (up 105% year-on-year),
– BNPL’s services (B2B deferred payments, including PragmaPay) were used by 11,227 entrepreneurs (up 40% year-on-year), who received financing worth PLN 78.0 million (up 39% from Q2 2024).
Results for the first half of 2025
In the first half of 2025, PragmaGO Group’s total turnover amounted to PLN 1.5 billion (up 34% y/y), of which factoring generated PLN 1.1 billion (up 24% y/y) and loans PLN 389.6 million (up 72%). Factoring was used by 1,732 customers (1% more than in the same period last year). The value of financed receivables under digital factoring amounted to PLN 686.2 million, an increase of 46% y/y.
The value of financing provided for embedded finance services amounted to PLN 386.6 million (up 70% y/y), 17,352 companies benefited (+43% y/y), including:
– The Merchant Cash Advance service was used by 4,068 entrepreneurs (up 86% y/y), who received financing worth PLN 235.3 million (up 109% y/y),
– BNPL’s services (B2B deferred payments) were used by 14,016 entrepreneurs (up 34% y/y), who received financing worth PLN 151.3 million (up 32% y/y).
During the first half of 2025, the PragmaGO Group provided services to 19,063 traders, an increase of 38% year-on-year. They completed a total of 377,259 transactions (up 87% year-on-year).
The above figures include the results of Telecredit IFN S.A. (Omnicredit), a Romanian fintech that was added to the PragmaGO Group on December 5, 2024. In the first half of 2025, Telecredit provided financing worth PLN 172 million (up 43% year-on-year) in the form of factoring and loans to businesses.
Legal basis – Article 17 (1) Regulation of the European Parliament and of the Council ( EU) No. 596/2014 (MAR)