(Finance) – Integrated System Credit Consulting Fintech (ISCC Fintech), a company active in the purchase of granular portfolios of NPL credits and listed on Euronext Growth Milan, closed the 2022 financial year with revenues equal to 4.71 million euros, an increase of 215% compared to the 1.49 million euros of 2021. The growth is even more significant compared to the 0.25 million of 2020, the pre-listing year.
L’EBITDA amounted to 0.9 million euros, an improvement compared to an EBITDA close to zero in 2021. TheEBITDA margin is equal to 19.5%, which is also growing.
“This great result confirms the validity of development strategies that we are pursuing and which allow us to further consolidate the company’s positioning in the increasingly growing market of non-performing loans – commented theCEO Gianluca De Carlo – We see the development of the business for 2023 positively, also due to the profitable judicial activity, through the assignment and execution in the fourth quarter of 2022 of legal actions to the investee Lawyers”.