03 April 2024

In 2023, Aventus Group lending companies made EUR 53.8 million in net profit

Lending companies operating under the Aventus Group name in 2023 made EUR 53.8 million in net profits, i.e., 3.6 times or 260% more than in 2022.

In 2023, Aventus Group lenders issued EUR 801 million in loans, which is almost double the growth in loan volumes compared to 2022. Lending companies have issued 6.6 million units of loans last year – twice more than a year before.

The total loan portfolio of Aventus Group companies amounted to EUR 210 million at the end of 2023.

The equity of the Aventus Group lending companies at the end of the last year amounted to EUR 81.5 million, i.e., twice as high as at the end of the previous year.

In 2023, the interest income of Aventus Group lenders amounted to EUR 222 million, which is 1.7 times or 68% more compared to the year 2022.

At the end of 2023, Aventus Group’s obligations towards PeerBerry investors amounted to EUR 54.3 million, which was only 26% of the total Aventus Group portfolio.

Under the Group guarantee mechanism, in 26 months of the war (since February 24, 2022), Aventus Group repaid PeerBerry investors EUR 40.02 million in war-affected loans. The remaining war-affected amount of the Aventus Group Ukrainian loans is currently EUR 0.44 million, which is gradually reduced by processing monthly repayments to investors.

Last year, Aventus Group actively developed businesses in new markets. Lending companies in Spain, Mexico, South Africa, Colombia, Tanzania, and Nigeria have been launched. Spanish, Mexican, and South African lenders have already been added to the PeerBerry partners network, and more lenders will be onboarded in the coming months, ensuring PeerBerry investors broader diversification and more opportunities to invest.

Aventus Group operates in 17 countries and employs more than 3000 professionals in different locations. Aventus Group companies specialize in lending, real estate, and IT business. Since business inception in 2009, Aventus group companies have issued nearly EUR 4 billion in loans. The majority of loans Aventus Group companies issue using their own funds.

Aventus Group companies that offer to invest in loans on the PeerBerry platform will submit their financial statements for 2023 before the end of August (the submission term depends on the country). After the financial statements of PeerBerry partners are publicly available on the PeerBerry website, we will inform our investors about them in a separate notice.

Currently, 19 Aventus Group companies from 12 countries offer to invest in loans on the PeerBerry platform.