Eleving Group, a publicly listed international financial technology company, will pay 14.8 million euro in dividends to its shareholders, which amounts to 0.127 euro per share. The payment date is scheduled for June 10, 2025.

“These are the first dividends the company’s shareholders will receive following the listing of Eleving Group shares on the Nasdaq Baltic Official List and the Frankfurt Stock Exchange Prime Standard in October 2024. Our strategy remains unchanged – we are focused on creating long-term value for shareholders while also ensuring strong growth of the company itself,” explains Eleving Group CEO Modestas Sudnius, noting that the company’s strategy is to distribute up to 50% of its profits as dividends.

The dividend yield will amount to 7.5%. According to the company’s dividend policy, the next dividend payment is expected in November of this year, based on the profits generated during the first six months of 2025, thereby increasing the total dividend yield.

As previously reported, Eleving Group ended the year 2024 with a revenue of 216.6 million euro and a net profit of 29.6 million euro. During the first three months of this year, Eleving Group recorded a revenue of 58.6 million euro, while net profit reached 6.8 million euro. The Group’s loan portfolio amounted to 371.1 million euro at the end of the first quarter of 2025.

Eleving Group is a publicly listed international financial technology company founded in 2012. Today, the Group operates in 16 countries across three continents, providing vehicle and consumer financing services. Since its founding, Eleving Group has served more than 1.4 million registered users. The Group employs over 2,950 people across its operations. The company’s headquarters are located in Riga, Latvia.

Since October 16, 2024, Eleving Group shares have been listed on both the Nasdaq Baltic Official List and the Frankfurt Stock Exchange Prime Standard.