News by tag "investor relations"

How to invest under high inflation conditions?

30.05.2022
Recently inflation has become the most relevant economic issue of the world. Last December the inflation level in Latvia reached a record-high level of 7.9%. Such an inflation increase is the consequence of both the large money amount that has been introduced in the economy to fight with the impacts of the pandemic, and the global delivery delays. In circumstances when money quickly loses it value, it is important to act so that the investment returns grow at least at the inflation rate.

Capitalia invests in Swedish start-up Favro, marking the first investment outside the Baltic States

25.05.2022
Capitalia invests EUR 300,000 in a Swedish startup Favro and joins a group of investors in the SEED round led by Practica Capital. Favro is a work platform for collaborative planning that has attracted significant traction from leading companies around the world.

Unaudited interim financial statements for Q1, 2022

28.04.2022
In the first quarter of 2022 Capitalia reported turnover of EUR 309 thousand and profit of EUR 51 thousand. The Company reported a strong financial results in the period thanks to the high interest in business financing products from the clients.

Capitalia creates a new alternative investment fund

30.03.2022
Capitalia has created a new alternative investment fund, which allows private investors to invest in the leading Baltic venture capital fund Change Ventures. The total investment amount of the fund is 1 million EUR.

Investing in loans to Baltic businesses

28.03.2022
Lately, the pandemic’s negative economic aftermath of inflation has become increasingly relevant. For example, in December 2021, inflation in Latvia reached a record-high level of 7.9%. It is important that, under the circumstances when cash swiftly loses its value, it works, not sits in the deposit or savings account. Money can work proactively either by investing in companies (purchasing shares) or lending to the companies.

Capitalia has opened its platform for all interested investor registrations

15.02.2022
Capitalia business loans co-financing platform (P2B) has been operating since the end of 2017 financing projects with a closed network of investors. Starting from 2022, Capitalia has made a decision to open its platform for all interested investors.

Unaudited interim financial statements for Q4, 2021

31.01.2022
In 2021 Capitalia reported turnover of EUR 1.19 million and profit of EUR 174 thousand. The Company reported a very strong financial results in the last quarter of the year because of very high interest in business financing. In addition, as an important milestone, Capitalia raised another alternative investment fund in this period, a feeder fund for Change Ventures.

Unaudited interim financial statements for Q3, 2021

02.11.2021
In the third quarter of 2021 Capitalia reported turnover of EUR 903 thousand and profit of EUR 172 thousand. The Company reported good financial results in the third quarter of the year as a result of active business financing interest. Additional revenue was contributed from the completion of a number of business sale advisory transactions.

Unaudited interim financial statements for Q2, 2021

03.08.2021
In the first quarter of 2021 Capitalia reported turnover of EUR 626 thousand and profit of EUR 138 thousand. The Company reported good financial results in the second quarter of the year as a result of active business financing interest and successful completion of a number of restructuring projects.

Unaudited interim financial statements for Q1, 2021

27.04.2021
In the first quarter of 2021 Capitalia reported turnover of EUR 264 thousand and profit of EUR 26 thousand. The small drop of turnover reflects the smaller volume of deals that we have financed. We were able to report profit for the period as a result of low sales costs while keeping the same revenue amount. Our liquidity and balance sheet position has remained strong with significant available cash reserve.

Unaudited financial statements for year 2020

25.01.2021
For the year 2020 Capitalia reported turnover of EUR 978 thousand and profit of EUR 30 thousand. The drop of turnover (decrease of 22% compared to the last year) reflects the smaller volume of deals that we have financed. The profit has decreased more significantly (lower by 80% year-on-year) as with the lower issued financing amount the fixed cost base has remained relatively unchanged. Our liquidity and balance sheet position has remained strong with significant available cash reserve.

Unaudited interim financial statements for Q3, 2020

21.10.2020
In the first three quarters of 2020 Capitalia reported turnover of EUR 763 thousand and profit of EUR 80 thousand. The drop of turnover (decrease of 25% compared to the corresponding period last year) reflects the smaller volume of deals that we have financed and hence lower commission income. Our liquidity and balance sheet position has remained strong with significant available cash reserve.

Unaudited interim financial statements for Q2, 2020

23.07.2020
In the first half of 2020 Capitalia reported turnover of EUR 505 thousand and profit of EUR 22 thousand. The drop of turnover (minus 18% compared to the corresponding period last year) reflects the smaller volume of deals that we have financed and hence lower commission income. The total amount of rescheduled loans due to pandemic impact has increased from 15% to 20%. On these loans we have allocated provisions in the amount of 10% from the outstanding principal. Our liquidity and balance sheet position has remained strong.

Capitalia unaudited interim financial statements for 2019

29.01.2020
In the fourth quarter of 2019 Capitalia reported anual turnover of EUR 1.25 million and profit before tax of EUR 124 thousand. The results are good reflection of the result of our strategy shift that was implemented over the course of the last year and as a result of which the Company is concentrating on financing of larger businesses through co-financing with other investors.

Capitalia unaudited interim financial statements for Q3, 2019

12.11.2019
In the third quarter of 2019 Capitalia reported turnover of EUR 956 thousand and profit of EUR 132 thousand. The results are good reflection of the result of our strategy shift that was implemented over the course of the last year and as a result of which the Company is concentrating on financing of larger businesses through co-financing with other investors.