Company
Pigment
+18.53%
Base:492.1
opening:492.1
High:600
low:492.1
change:361,956
Page Quote News Graphs Company Profile Recommendations
More articles on the subject:
Engaged in the field of consumer credit for private and business customers at the point of sale using technology developed by the company. The company was issued last October at a value of NIS 102 million and jumped by 60% on the first trading day to a price of NIS 4.265 per share. Now, following the reports, the stock is jumping to a price of NIS 5.50 per share, an increase of about 30% since the issue.
The company’s revenues jumped to NIS 7.8 million in 2021 compared to NIS 3 million in the previous year, and operating profit rose to NIS 1.48 million compared to NIS 251,000 in the previous year. The total net loss amounted to NIS 769,000, compared with a profit of NIS 225,000 in the previous quarter. The company has NIS 18.4 million in cash.
The company’s revenues also increased from NIS 2.8 million in the first half to NIS 5 million in the second half of the year. But even here the net loss in the second half was NIS 882,000 compared to a net profit of NIS 113,000 in the first half.
Revenues from commissions from the use of the platform and the establishment of loans jumped to NIS 4.1 million, compared with NIS 1.8 million in the previous year. Revenue from loan financing reached 3.4 million, compared with 1.1 in the previous year.
The company also reported that after the reporting date, the company activated additional credit facilities for its activities in the total amount of NIS 35 million, so that the company’s total credit facility reaches NIS 60 million. The range of interest rates ranges from 2.5% to 3.5%.
Comments on the article(0):
Your response has been received and will be published subject to system policies.
Thanks.
For a new response
Your response was not sent due to a communication problem, please try again.
Return to comment