Eleving Group Reports Strong Financial Results for 2024

Eleving Group, headquartered in the Baltics and domiciled in Luxembourg, has published its audited financial results for 2024. The fintech company reports robust figures with a net loan portfolio reaching EUR 371.2 million, revenues at EUR 216.6 million, and net profit totaling EUR 29.6 million. EBITDA stands at EUR 89.8 million, marking this as the company's best performance to date, surpassing previous year figures by approximately 20%.

In line with its dividend policy, Eleving Group plans to distribute approximately EUR 14.8 million in dividends, providing a 7.47% yield. CEO Modestas Sudnius highlighted key achievements in market expansion, digital advancements, and sustainability goals, paving the way for future growth. The company's strategic focus includes strengthening existing markets and exploring new geographical areas to enhance financial performance.