RB 21/2025
The Management Board of PragmaGO S.A. (“Issuer”) presents the financial data of Telecredit IFN S.A. (“Omnicredit”) – a PragmaGO Group company in terms of turnover, revenue, portfolio value and net profit for 2024.
Omnicredit is a leading Romanian fintech specializing in digital factoring. PragmaGO S.A. finalized the acquisition of a majority stake in Omnicredit in December 2024, and since then Omnicredit’s financial statements have been consolidated within the Issuer Group.
Omnicredit’s results for 2024 are as follows:
In 2024, Omnicredit’s total turnover, understood as the value of financed receivables, amounted to EUR 60.8 million (up 48% y/y). Omnicredit’s estimated revenues increased by 76% y/y reaching €3.5 million, and the value of the portfolio as of December 31, 2024 amounted to €10.2 million (+61% y/y). Omnicredit generated EUR 1.3 million in net profit in 2024.
The data presented are under audit by the auditor and are subject to change.
Legal basis – Article 17 (1) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council (MAR).
