DelfinGroup (DGR1R) Q3 2026 earnings summary

Executive summary

• Q3 revenue was EUR 21.2m, up 5% YoY; EBITDA rose 14% to EUR 7.9m, PBT rose 30% to EUR 3.9m and net profit rose 27% to EUR 3.0m.

• 9M revenue was EUR 60.992m, up 6% YoY; EBITDA rose 23% to EUR 22.9m, PBT rose 42% to EUR 11.2m and net profit rose 43% to EUR 8.670m.

• Net loan portfolio reached EUR 157.4m at 30 September, up 9% since year-end and 13% YoY; 9M loan issuance rose 3% to EUR 104.2m.

Financial highlights

• 9M gross profit rose to EUR 27.873m from EUR 24.891m; credit loss expenses were EUR 16.180m versus EUR 15.836m.

• Q3 credit loss expenses declined 14% YoY; 9M credit loss expenses increased 2% YoY.

• 9M selling and administrative expenses totaled EUR 16.7m, flat against EUR 16.9m in 9M 2025.

• 9M basic EPS was EUR 0.191 versus EUR 0.134; Q3 basic EPS was EUR 0.065 versus EUR 0.051.

Outlook and guidance

• Profitability was in line with 2026 guidance; consumer lending growth in Lithuania remained a strategic priority.

• A EUR 35m unsecured bond private placement with a 9.5% coupon and three-year maturity had EUR 31.6m subscribed at quarter-end; completion was expected in Q4 2026.

• Securitisation is being assessed as a funding source, with a possible 2027 transaction dependent on investor interest, feasibility and market conditions.

• Liquidation of the inactive Romanian subsidiary was expected to conclude in Q4 2026; liquidation cash proceeds had been received by 30 September.