Ibancar: Audited report for 2023 – Iuvo – Put money into loans. We made it secure | P2P Investing

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There’s a vital enhance of 76% within the firm’s Income for 2023. That is as a result of registered progress within the managed mortgage portfolio, which elevated from EUR 4,065,607 on the finish of 2022 to EUR 7,282,898 in 2023, or a rise of 79%.

Because of this, Ibancar ends 2023 with Revenue of EUR 406,921 in comparison with EUR 95,703 in 2022, which sums are absolutely capitalized within the firm’s actions.

In 2023, Ibancar additionally depends primarily on exterior sources to finance its actions, and specifically the financing from iuvo and the P2P market. Because of this, Ibancar maintains elevated ranges of leverage, with the Debt/Fairness ratio being 5.13 as of 31.12.2023.

The corporate maintains excellent liquidity ranges. As of 31.12.2023, the Complete Liquidity ratio is 1.36, which is nicely above the really helpful values. For comparability, the ratio was 1.19 as of 31.12.2022.

You possibly can see the audited report of Ibancar HERE.



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