On 11 June 2025, the Company’s Board of Directors adopted a resolution to issue up to EUR 2,000,000 of secured, non-convertible, fixed-interest bonds, to be placed in several tranches.
In accordance with this resolution, NEO Finance, AB has successfully completed the placement of the second tranche of the bond issue.
The size of the second tranche – EUR 1,190,000.
Nominal value of one bond – EUR 10,000.
Maturity – 3 years.
Fixed annual interest rate – 8.25%, with interest payable quarterly.
Redemption date – September 2028.
Following this placement, the total nominal amount of bonds issued under the above-mentioned Board resolution amounts to EUR 1,940,000 out of the planned EUR 2,000,000.
The funds raised will be invested in expanding all business lines managed by NEO Finance, AB and in growing sales.
“One of our key objectives is steady growth. We are confident that the capital raised will allow us to further expand the activities of ‘Paskolų klubas’, ‘Neopay’ and ‘FinoMark’ and increase sales across these lines. These funds will enable us to attract new customers more actively, unlock business potential, and strengthen our market position,” says Juozas Kaminskas, Head of Administration at NEO Finance, AB.
The results for the first half of 2025 reflect NEO Finance, AB’s continued growth and strong performance across all areas of operation. The company’s revenue increased by 25% to €3.75 million compared to the same period last year. During H1 2025, the company’s EBITDA and profit before tax grew by 169% and 403%, respectively, reaching €1.1 million and €852 thousand. For comparison, in H1 2024 these figures amounted to €414 thousand and €169 thousand, respectively.
Head of Administration
Juozas Kaminskas
E-mail: juozas.kaminskas@neofinance.com