03 November 2022

Business figures of PeerBerry’s partners’ | Summary of the Independent Supervisory Board meeting

The meeting with investors – the Independent Supervisory Board members – was held on Thursday, November 3.

We invite you to read a summary of the meeting.

War-affected obligations towards PeerBerry investors:

Total war-affected obligations on February 24, 2022 – EUR 50+ M.

• Aventus Group war-affected obligations – EUR 40+ M
• Gofingo Group war-affected obligations – EUR 10+ M

Repaid war-affected obligations – EUR 25,1 M:

• Aventus Group – EUR 21,5 M    
• Gofingo Group – EUR 3,6 M  

Total remaining/outstanding war-affected obligations:

• Aventus Group – EUR 18,9 M 
• Gofingo Group – EUR 6,6 M    

Please note that PeerBerry business partners repay war-affected loans every month. To date, PeerBerry’s business partners (all together) have already repaid 25,15 million in war-affected loans, which is 50% of all war-affected obligations.

Due to restrictions for money transfers from Russia and Ukraine, PeerBerry business partners are repaying war-affected loans under the Group guarantee mechanism. To better understand how the repayments of war-affected loans are being performed, please read this Q&A.

Aventus Group and Russian companies in total numbers at the end of September 2022:

(Forex on 2022-09-30 by market price)

• Total portfolio – EUR 269,5 M
• Good principal portfolio – EUR 110,2 M (no delays and delays of up to 15 days)
• Total obligations towards investors – EUR 67,3 M
• Real Estate (own property) – EUR 14 M (property value)  
• Cash in banks – EUR 19 M
• Assets – EUR 143,2 M (good principal + real estate + cash)   
• Equity – EUR 75,9 M (assets – obligations)  

Aventus Group (without Russian companies)

• Total portfolio – EUR 163,9 M
• Good principal portfolio – EUR 63,6 M (no delays and delays of up to 15 days) 
• Total obligations towards investors – EUR 55,3 M
• Real estate – EUR 5,4 M (property value)
• Cash in banks – EUR 15,6 M
• Assets – EUR 84,6 M
• Equity – EUR 29,3 M (assets – obligations)  

Russian companies

• Total portfolio – EUR 105,6 M
• Good principal portfolio – EUR 46,6 M (no delays and delays of up to 15 days) 
• Total obligations towards investors – EUR 12 M
• Real estate (own property) – EUR 8,6 M (property value)
• Cash in banks – EUR 3,4 M
• Assets – EUR 58,6 M
• Equity – EUR 47,8 M (assets – obligations)  

Net profit in Q3 2022:

• Net profit of Aventus Group companies – EUR 13,3 M
• Net profit of Russian companies – EUR 10,7 M

Gofingo Group

Currently, Gofingo Group does not offer loans on the PeerBerry platform. The Group focuses on its profitable business in the Czech Republic and Vietnam.

• The total portfolio of Gofingo Group in Ukraine currently amounts to EUR 15,6 million.
• Currently, Gofingo Group has EUR 2,98 million of cash in banks.