Wandoo Finance Group: Q1 2026 Performance Report

Dear Swaper Users,

We are pleased to share the Wandoo Finance Group report for Q1 2026 – a solid and disciplined quarter with clear a focus on efficiency, portfolio quality and strategic initiatives that support long-term value creation. We hope the report provides a clear snapshot of our progress and momentum. Below is a brief overview of the key highlights.

Key Highlights

  • Strong Q1 2026 performance in Loan Issuance, Revenue and Net Portfolio despite temporary FX headwinds
  • Q1 2026 Revenue growth supported by resilient demand and strong repeat-customer activity
  • Romania delivered the strongest quarterly growth, with significant improvements in issuance, portfolio quality, collections and profitability
  • Strategic review of group holding structure initiated, with Luxembourg as the preferred jurisdiction to strengthen governance, investor confidence and future funding capabilities
  • Product ecosystem expanding: B2B financing launched in Poland and an insurance pilot in preparation in Spain
  • Lithuania market entry advanced materially following regulatory approval and acquisition completion, with first loan issuance planned for Q2 2026
  • Information Security Roadmap launched to strengthen cybersecurity controls and governance, targeting future ISO 27001 certification
  • ESG framework development initiated, encompassing governance enhancements, responsible lending initiatives and expansion of financial literacy programs

Strong Q1 2026 financial results

  • Revenue: EUR 19.1 mln (↑ 11% QoQ, ↑ 35% YoY)
  • EBITDA: EUR 3.1 mln (stable due to negative FX effect)
  • Net profit: EUR 0.7 mln (↓ 36% QoQ, ↓ 36% YoY due to negative FX effect)
  • Equity: EUR 11.4 mln (↑ 7% QoQ, ↑ 41% YoY)
  • Gross Portfolio: EUR 56.2 mln (↑ 6% QoQ, ↑ 46% YoY)

Risk Management & Portfolio Quality Overview in Q1 2026

Wandoo Finance maintained robust risk-management and continuous optimization efforts:

  • Loss rate across all markets improved to 11.1% (from 11.5% in Q4 2025), mainly due to stabilized issuance and strengthened risk controls.
  • Due to stabilized issuance and improved performance, there are positive migrations from the Late bucket to the Current bucket.

Overall portfolio quality remained consistently strong, underscoring the resilience and stability of the Group’s lending strategy. We extend our best wishes to Wandoo Finance Group for continued success and look forward to seeing the outcomes of its ongoing growth.

To read the full report, click here.