EQS-News

Fintech aifinyo AG looks optimistically to the future after record year 2022

EQS-News: aifinyo AG / Key word(s): Annual Report Fintech aifinyo AG looks optimistically to the future after record year 2022 20.06.2023 / 11:45 CET/CEST The issuer is solely responsible for the content of this announcement. Fintech aifinyo AG looks optimistically to the future after record year 2022

• Transaction volume +40.5% to EUR 378 million
• Gross profit +80 % to EUR 13.3 million
• Net result improved from EUR 12,000 to EUR 1.2 million
• Growth through market penetration and expansion of the ecosystem

Berlin, 20 June 2023 –aifinyo AG today published its financial statements for the record year 2022. The B2B fintech has continued its profitable growth path, further developed technologically and additionally strengthened its leading market position through acquisitions. All business areas contributed to the growth: the recurring SaaS revenues of our subscription-based tools for invoice and liquidity management as well as revenues from financing services.

Record figures at all levels
Operationally, aifinyo achieved record figures at all levels in 2022. After breaking the EUR 100 million mark in transaction volume* for the first time in the third quarter, the full-year figure was EUR 378 million. This represents an increase of 40.5% compared to the EUR 269 million in 2021, meaning that aifinyo has grown by an average of 36% over the past ten years. Sales increased by 21.9% from EUR 43.9 million to EUR 53.6 million in 2022.

Gross profit (total operating performance reduced by cost of sales and depreciation of leased assets) - probably the most important key performance indicator at present - increased by 80% from EUR 7.4 million to EUR 13.3 million in the year under review. The development at all other earnings levels was also pleasing in 2022: the operating result (EBIT) increased from EUR 0.87 million to EUR 2.18 million and net income from EUR 12,000 to EUR 1.2 million.