Robocash Group publishes the consolidated financial report for H1 2021
We are most excited to share with you the news of Robocash Group’s consolidated financial statement!
Similar to the year prior, The Interim Condensed Consolidated Financial Information was reviewed by a Big 10 auditor FBK Grant Thornton in accordance with International Financial Reporting Standards.
Leaving the year 2020 behind with positive results, Robocash Group aimed to accelerate its growth by doubling the current disbursement volumes and revenue.
- The Group has issued USD 326.5 M worth of loans, surpassing the last year’s results for the same period ended by a staggering 134.1%.
- The Group has managed to follow its plan with flying colours, ending the first six-month period with USD 15.4 M of net profit, with over USD 137.1 M made in revenue during the period.
- The company surpassed the results of the same period last year on both accounts (+43.9% and +144% respectively).
We will continue to strengthen our leading positions in Russia, Kazakhstan and the Philippines. At the same time, we intend to further scale our Buy Now, Pay Later and Salary Loans solutions. Finally we aim to launch our own neobank in the Philippines, providing a variety of financial lifestyle products to the un- and underbanked.
You can find the Summary Combined Financial Statements with the Independent Auditor’s Report here.