공시 • May 31
Eleving Group S.A. Approves to Distribute an Interim Dividend, Payable on or Around 10 June 2026 Eleving Group announced that on 27 May 2026, the Management Board and Supervisory Board approved the Company's standalone accounts for the three-month period ended 31 March 2026 and resolved to distribute an interim dividend in the total amount of EUR 4,294,843.20, resulting in a payment of EUR 0.03682654 per share, with the payment date set for on or around 10 June 2026. The list of shareholders entitled to receive dividends will be fixed as of 3 June 2026 at the end of the working day of the Nasdaq CSD Latvian Settlement System (the Record date). Accordingly, the ex-date is 2 June 2026. Declared Dividend • May 30
Dividend of €0.037 announced Shareholders will receive a dividend of €0.037. Ex-date: 2nd June 2026 Payment date: 10th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 40% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 13
First quarter 2026 earnings released: EPS: €0.04 (vs €0.04 in 1Q 2025) First quarter 2026 results: EPS: €0.04 (in line with 1Q 2025). Revenue: €64.3m (up 33% from 1Q 2025). Net income: €4.80m (up 9.1% from 1Q 2025). Profit margin: 7.5% (down from 9.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Consumer Finance industry in Europe are expected to grow by 11%. New Risk • May 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). 공시 • Apr 29
Eleving Group S.A., Annual General Meeting, May 27, 2026 Eleving Group S.A., Annual General Meeting, May 27, 2026, at 13:00 W. Europe Standard Time. Location: office of the company, 8-10 avenue de la gare, l-1610 luxembourg, Luxembourg Reported Earnings • Feb 10
Full year 2025 earnings released: EPS: €0.20 (vs €0.19 in FY 2024) Full year 2025 results: EPS: €0.20 (up from €0.19 in FY 2024). Revenue: €204.1m (up 11% from FY 2024). Net income: €22.9m (flat on FY 2024). Profit margin: 11% (down from 12% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Consumer Finance industry in Europe. New Risk • Feb 10
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. High level of non-cash earnings (20% accrual ratio). New Risk • Dec 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 91% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 11
Third quarter 2025 earnings released: EPS: €0.061 (vs €0.049 in 3Q 2024) Third quarter 2025 results: EPS: €0.061 (up from €0.049 in 3Q 2024). Revenue: €50.2m (down 1.8% from 3Q 2024). Net income: €6.80m (up 37% from 3Q 2024). Profit margin: 14% (up from 9.7% in 3Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Finance industry in Europe. 공시 • May 15
Eleving Group S.A., Annual General Meeting, Jun 02, 2025 Eleving Group S.A., Annual General Meeting, Jun 02, 2025, at 11:00 W. Europe Standard Time. Location: gsk stockmann sa office, 44, avenue john f. kennedy, l-1855, Luxembourg Reported Earnings • May 13
First quarter 2025 earnings released First quarter 2025 results: Revenue: €48.2m (up 15% from 1Q 2024). Net income: €4.40m (down 19% from 1Q 2024). Profit margin: 9.1% (down from 13% in 1Q 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in Europe. 공시 • Feb 17
Eleving Group Provides Dividend Guidance for the Year 2024 Eleving Group provided dividend guidance for the year 2024. for the year, In line with its 50% dividend payout policy, the company estimates EUR 14 million- EUR 15 million in dividends. Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: €0.19 (vs €0.18 in FY 2023) Full year 2024 results: EPS: €0.19 (up from €0.18 in FY 2023). Revenue: €175.5m (up 13% from FY 2023). Net income: €22.9m (up 30% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Consumer Finance industry in Europe. 공시 • Nov 01
Eleving Group S.A. to Report Nine Months, 2024 Results on Nov 11, 2024 Eleving Group S.A. announced that they will report nine months, 2024 results on Nov 11, 2024 
