CarMoney's disbursements in Q1 2024 reached a 4-year high of 954 million, up 17.4% from ₽812 million a year earlier. Average auto loan check grew 20.7% to ₽356k. Share of new customers increased 2 p.p. to 68%. Loan portfolio grew 10.9%, to ₽4.933 billion. Number of active loans at the end of the period totaled 41.7 thousand, up 56.2%.

CarMoney's IFRS net profit for 2023 amounted to ₽554.16 million, up 42.2% from ₽389.82 million in the previous year. Net interest income rose 26.5% to ₽2.518 billion against ₽1.99 billion a year earlier.

CarMoney's issuance volume in 2023 reached a 4-year high of 3.747 billion, up 22.2% from ₽3.066 billion a year earlier. Average auto loan check rose 16.1% to ₽321k. Share of new customers increased 5 p.p. to 65%. Loan portfolio grew 10.1%, to ₽4.869 billion. Number of active loans at the end of the period totaled 40.8 thousand, up 79.7%.

Board of Directors of SmartTech Group has decided to establish Smart Horizon LLC, which will be engaged in selling software solutions and technologies to B2B clients. This is a promising direction, which promises a significant growth in the client base, revenue and profit of the group already in the next three years, the company notes.