Manif – Financial Services, a company that operates in the field of non-bank credit for real estate and is traded on the Tel Aviv Stock Exchange, today published its financial statements for 2021 and the last quarter of the year. NIS million.
During the fourth quarter of 2021, the increase in the company’s customer portfolio continued, which grew by approximately NIS 174 million in the last quarter and stands at the end of the fourth quarter of 2021, at a total of approximately NIS 1,213 million. The return on equity of a fan according to the financial profit * was a rate of approximately 24.7% in annual terms, for 2021.
On February 24, 2002, the Company’s Board of Directors decided to distribute a dividend of NIS 15.7 million to be paid on March 14, 2002, so that the total dividend paid in the last 12 months (May 2021) will amount to NIS 40 million.
Maor Duak, CEO of Financial Services Lever: “We are pleased to end a first year of operation as a listed company. Since the start of trading in the company’s share, we have announced a dividend distribution of a cumulative amount of NIS 40 million to shareholders and we have hidden continuous value for investors. , Will continue to serve it well into 2022 as we anticipate continued growth and expansion. “
Main results for 2021:
Increase in company revenue – In 2021, revenues grew to about NIS 120.5 million, an increase of about 23%, compared with revenues of about NIS 98.2 million in 2020.
The company’s client portfolio As of December 31, 2021, there was an increase of approximately NIS 383 million and amounted to approximately NIS 1,213 million, compared with a total of approximately NIS 830 million on December 31, 2020, an increase of approximately 46%. As of the end of the fourth quarter of 2021, the company is financing 85 projects for 61 customers (including signed customer commitments).
Events after the reporting period –
The company announced a dividend of NIS 15.7 million.
Manif’s subsidiary, Manif Personal Financing Ltd., received a license to provide extended credit from the Capital Market Authority on February 6, 2002.