On operating results
In the first half of 2025, Capitalia reported a turnover of EUR 922 thousand and a profit of EUR 70
thousand. Operating revenue was slightly lower in Q2; however, profitability has improved.
Financing activity was strong in April and May, but has slowed down in June. During the first half of
2025, we managed to issue a funding amount of EUR 10.43 million (EUR 10.60 million during the
first half of 2024).
On key events
In the second quarter of 2025, we managed to issue a funding amount of EUR 5.13 million (EUR
5.3 million in the first quarter of 2025). Among the financed businesses during this period were, for
example, such companies as RadiusTech, OÜ (creative, arts and entertainment activities), Brain
Games Publishing, SIA (publishing), Lizis, UAB (financing).
In alternative fund management, our Capitalia Baltic Corporate Bond Fund has reached a new
stage of development and was merged with another bond fund managed by a leading investment
bank in Latvia - Signet. As a result of this merger, Signet took over the existing bond portfolio and
investor base, integrating them into its open-ended Signet Baltic Bond Fund.
On plans for the next quarter
The third quarter of the new year started with slower business financing activity, and we expect it to
speed up as the summer holiday period comes to an end. We continue building up our team for
stronger outreach to potential borrowers, while the available capital of investors to be deployed in
business loans continues to be at record levels.
The full financial report is available after login on our Investor relations page (available for logged in users).
The full financial report is available after login on our Investor relations page (available for logged in users).