Q4 and full year report January – December 2023
Change in executive leadership and solid cash positionHighlights fourth quarter 2023 · Cash at the end of December 2023 was EUR 20.7m (52.3 at December 2022) · Gross ERC at the end of December 2023 was EUR 280m (283 at December 2022) · Gross collections amounted to EUR 16.4m (16.4)* · Net collections amounted to EUR 14.3m (14.2)* · Cash EBITDA amounted to EUR 9.5m (10.2)* · Acquired E-Kancelaria, a Polish loan servicing and debt collection company, through its 75% owned subsidiary AxFina Highlights full year 2023 · Gross collections amounted to EUR 55.9m (70.8)*