What makes a fintech competitive in today’s market? For NEO Finance, it’s a clear focus on operational efficiency, strategic team expansion, and consistent growth across key markets. As CEO Evaldas Remeikis noted, the fourth quarter of 2024 was marked by structural changes, strengthened leadership, and continued growth in e-money services — all contributing to all NEO Finance companies performance.
The audited 2024 financial report provides overview of the NEO Finance group’s performance, including commentary from the heads of Neopay, FinoMark, and Paskolų klubas (NEO Finance).
Here are some key metrics from the 2024 interim report:
– Revenue increased by 29%, from EUR 4.7M to EUR 6.1M
– Cost of sales rose by 31%, from EUR 2.3M to EUR 3.1M
– Operating expenses increased by 26%, from EUR 2.0M to EUR 2.5M
– EBITDA grew by 31%, from EUR 785K to EUR 1.0M
– Profit before tax reached EUR 513K (vs. EUR 371K in 2023)
– Net profit rose by 86%, from EUR 261K to EUR 486K
📄 Read the full report: https://www.neofinancegroup.com/wp-content/uploads/2025/03/NEOFinance-AB-2024-Report.pdf
📊 Access all NEO Finance, AB financial statements: