DGAP-Adhoc: FinTech Group Bank AG accounts precautionarily for a loan loss provision on factoring receivables due to a potential fraud in the amount of six million euro
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DGAP-Ad-hoc: FinTech Group AG / Key word(s): Miscellaneous
FinTech Group Bank AG accounts precautionarily for a loan loss provision on factoring receivables due to a potential fraud in the amount of six million euro
22-Dec-2018 / 00:24 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of an inside information according to Article 17 MAR of the Regulation (EU) No 596/2014
FinTech Group Bank AG accounts precautionarily for a loan loss provision on factoring receivables due to a potential fraud in the amount of six million euro
Frankfurt/Main, December 21, 2018 - FinTech Group Bank AG, a subsidiary (100%) of FinTech Group AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) accounts for a loan loss provision in the amount of six million euro.
For years, FinTech Group Bank has purchased receivables - collateralised against credit default risks - against one of Germany's largest retail companies with highest credit rating. Due to a potential case of fraud, that had been discovered during the insolvency of the supplier and seller of the receivables, the purchased receivables might be affected. Regardless of the insured credit default risk the Management decided to account for a loan loss provision in the amount of six million euro precautionarily due to the verity risk (risk associated with the legal validity of the receivables, e.g. due to fraud).
FinTech Group Bank will review possible recourse claims from a potential default.
Contact:
Joerg Peters
IR & Press
FinTech Group AG
Rotfeder-Ring 7
D-60327 Frankfurt/Main
+49 69 450001 1701
[email protected]
22-Dec-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
FinTech Group AG |
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Rotfeder-Ring 7 |
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60327 Frankfurt / Main |
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Germany |
| Phone: |
+49 (0) 69 450001 041 |
| E-mail: |
[email protected] |
| Internet: |
www.fintechgroup.com |
| ISIN: |
DE000FTG1111, DE0005249601 |
| WKN: |
FTG111 |
| Indices: |
Scale 30 |
| Listed: |
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
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| End of Announcement |
DGAP News Service |
761805 22-Dec-2018 CET/CEST
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Die wichtigsten Finanzdaten auf einen Blick
|
| |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023e |
| Umsatzerlöse1 |
107,01 |
125,10 |
131,95 |
261,49 |
417,58 |
406,96 |
390,73 |
| EBITDA1,2 |
32,07 |
42,37 |
37,58 |
98,43 |
112,09 |
183,28 |
140,35 |
| EBITDA-Marge3 |
29,97 |
33,87 |
28,48 |
37,64 |
26,84 |
45,04 |
|
| EBIT1,4 |
26,48 |
30,62 |
24,75 |
73,79 |
80,26 |
151,28 |
104,35 |
| EBIT-Marge5 |
24,75 |
24,48 |
18,76 |
28,22 |
19,22 |
37,17 |
26,71 |
| Jahresüberschuss1 |
16,80 |
17,47 |
14,91 |
49,92 |
51,55 |
106,19 |
71,86 |
| Netto-Marge6 |
15,70 |
13,96 |
11,30 |
19,09 |
12,35 |
26,09 |
18,39 |
| Cashflow1,7 |
0,11 |
250,07 |
-157,25 |
141,45 |
125,03 |
113,32 |
63,08 |
| Ergebnis je Aktie8 |
0,15 |
0,16 |
0,14 |
0,55 |
0,47 |
0,97 |
0,65 |
| Dividende8 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2023 - Kostenfrei herunterladen. 
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de
Wirtschaftsprüfer: BDO
|
| INVESTOR-INFORMATIONEN |
| ©boersengefluester.de |
| flatexDEGIRO |
| WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
| FTG111 |
9,964 |
Kaufen |
1.096,36 |
| KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
| 9,49 |
25,95 |
0,37 |
23,95 |
| KBV |
KCV |
KUV |
EV/EBITDA |
| 1,64 |
17,38 |
2,81 |
7,81 |
| Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e
in % |
Hauptversammlung |
| 0,00 |
0,04 |
0,40 |
04.06.2024 |
| Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
| 25.04.2024 |
28.08.2024 |
22.10.2024 |
28.03.2024 |
| Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
| -0,69% |
3,74% |
-10,80% |
8,09% |
|
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FinTech Group AG DE000FTG1111