On operating results
In the first quarter of 2025, Capitalia reported a turnover of EUR 474 thousand and a profit of EUR 28 thousand. The operating revenue and profit grew in the last reporting quarter. We expect the revenue to continue growing. January and February activity remained slow, and in March it has picked up. During the first quarter of 2025, we managed to issue funding of EUR 5.3 million. 

On key events
In the first quarter of 2025, we managed to issue a funding amount of EUR 5.3 million (EUR 6.5 million in the last quarter of 2024). Among the financed businesses during this period were, for example, such companies as Sontransa, UAB (transportation), Betonmax, SIA (manufacturing), and Prosport.lt, UAB (retail trade). 
In alternative fund management, we have made 1 new investment from our cost-efficient Baltic bond fund and acquired bonds of Delfingroup (consumer finance).

On plans for the next quarter
The second quarter of the new year started with strong business financing activity and we expect it to continue this way. The available capital of investors to be deployed in business loans continues to be at record levels. We continue focusing energy on building a strong sales pipeline and stronger relationships with our existing client portfolio.

The full financial report is available after login on our Investor relations page (available for logged in users).