DelfinGroup (DGR1R) investor relations material

Executive summary

• Revenue for H1 2026 reached EUR 39.8 million, up 7% year-over-year, with profit before tax up 50% and net profit up 52% to EUR 5.7 million; EBITDA rose 28% to EUR 15.1 million.

• Loan issuance in H1 2026 reached EUR 67.3 million, up 7% year-over-year, with consumer loans up 11% to EUR 55.1 million and net loan portfolio up 18% year-over-year.

• Strategic cost discipline and optimization led to decreased administrative and selling expenses, improving profitability.

• Retail segment sales totaled EUR 9.2 million in H1 2026, with online sales up 36% year-over-year in Q2.

• Management Board changes included the appointment of Mārtiņš Sandars and the addition of a Chief Risk & Data Officer.

Financial highlights

• Q2 2026 revenue was EUR 19.7 million, up 1% year-over-year; EBITDA margin improved to 38% and net profit margin rose to 14% in Q2 2026.

• Profit before tax in Q2 2026 was EUR 3.7 million, up 43% year-over-year; net profit in Q2 2026 was EUR 2.9 million, up 46% year-over-year.

• ROE reached 38% and ROA 7% for the last 12 months.

• Cost of sales decreased by 29% in Q2 2026 year-over-year due to deferred gold scrap sale.

• Credit loss expenses decreased by 3% in Q2 2026 year-over-year but increased by 12% in H1 2026 year-over-year.

Outlook and guidance

• Revenue growth stabilized after July 2025 regulatory changes, with expectations for renewed top-line growth in upcoming quarters.

• The Board recommends distributing up to 50% of Q2 2026 profit as dividends, in line with dividend policy.

• Strategic focus on expanding the consumer loan portfolio in Lithuania and maintaining market leadership in Latvia.