DelfinGroup Reports Strong 2025 Growth, Driven by Strategic Decisions

Latvian fintech company DelfinGroup demonstrated robust growth in both Latvia and Lithuania throughout 2025, successfully meeting its financial and business objectives. Audited financial data reveals a 24% increase in revenue, reaching €78.2 million, compared to €63.0 million in 2024. Profit before tax rose by 35% to €12.4 million.

Strategic Business Decisions Fuel Growth

DelfinGroup attributes its success to a series of strategic business decisions implemented throughout the year. According to Didzis Ādmīdiņš, Chairman of the Management Board of DelfinGroup, these decisions strengthened the company’s long-term market position and positively impacted profitability.

Key Financial Highlights

• Revenue: €78.2 million in 2025, a 24% increase year-over-year. Source
• Profit Before Tax: €12.4 million in 2025, a 35% increase year-over-year. Source
• Loan Portfolio: €144.4 million, a 27% increase, exceeding the target by 5%. Source
• Cost-to-Income Ratio: Reduced to 40%, demonstrating improved cost efficiency. Source

Strong Performance in the Fourth Quarter

The fourth quarter of 2025 saw revenues increase by 21% compared to the same period in 2024, reaching €20.9 million. Pre-tax profit surged by 91% to €4.6 million. The company noted that the strong Q4 profit included one-off factors such as the recalculation of the effective interest rate (EIR) and tax refunds, but stable profit growth would have been ensured even without these.

Growth in Loan Issuance and Retail Turnover

Loan issuance in Latvia increased by 29% in 2025, reaching €134.8 million. In Lithuania, the company issued €11.9 million in loans, with a consumer loan portfolio reaching €7.7 million. The retail segment, operating under the Banknote network in Latvia, experienced a 15% increase in turnover, reaching €19.4 million.

Dividend Policy and INDEXO Group Integration

DelfinGroup continues to prioritize shareholder returns through quarterly dividend payments. The company anticipates a potentially higher dividend payout for the fourth quarter of 2025 due to the strong profit results.

The integration with the INDEXO group, following the acquisition of 71.52% of DelfinGroup shares, is expected to promote development in the capital and financial markets in Latvia, creating new financial solutions and benefiting both customers and investors. Source

About DelfinGroup

Founded in 2009, DelfinGroup is a Latvian-based fintech company providing consumer financial services, including consumer loans, pawn services, and money transfers. Source The company operates an extensive network of branches and maintains a strong online presence in Latvia and Lithuania. Source