Fast Finance osiągnęła po IV kwartałach 2009 year of 85% higher sales revenue than the whole year 2008
After the fourth quarters 2009 the company has developed a Fast Finance 17,3 zł million net sales to 9,4 zł million achieved in the same period last year 2008 (increase 85% r / r). Net profit for the period 4,5 mln zł, compared to 3,0 mln zł obtained 2008 r. (increase 47% r / r).
Fast Finance systematically implement plans for the transfer of shares from the regulated market NewConnect. Prospectus has been submitted to the Financial Supervision Commission 3 December 2009 r. The company's debut on the Warsaw Stock Exchange is planned for first half 2010 r.
?Fast Finance's financial results after the fourth quarters 2009 years show, that our business model is thought, and effective strategy for action. Forecast sales revenues started to 2009 realized in the years 104%. Maintain the steady increase in net profit and operating margin, which last year rose to nearly 53%. ? said Jacek Daroszewski, CEO of the company ?Currently, we focus on the transition from NewConnect on a regulated market, as well as the issuance of bonds, which is planned for this year. 15 January 2010 r. signed with the Brokerage House of Bank BPS contract for its execution. We intend to raise the bid 30 mln zł, and allocated them to buy another package of claims. " ? President adds Daroszewski.
The company has purchased in the fourth quarter 2009 r. Packed with a nominal value of claims exceeding 38 mln zł, but for the whole year 2009 a value close 112 mln zł. The nominal value of the package purchased during the four quarters of last year was higher by 49% in relation to the nominal value of purchased in 2008 years.
Selected financial data for the fourth quarter 2009 r.
