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Insights from the Wandoo Finance Group: Unaudited consolidated report for year 2024

Dear Swaper Community,

As we move further into 2025, it’s the perfect time to reflect on the achievements of the past year and celebrate the progress made. We’re excited to share Wandoo Finance Group’s consolidated unaudited financial results for the full year of 2024 — a year marked by strong growth, strategic expansion, and solid financial performance.

Please note that this data is operational and may have adjustments during the audit process, with no significant impact expected.

Let’s take a closer look at how 2024 compares to the audited results from 2023:

  • Revenue increased by 74% to €35.6M;
  • Gross profit increased by 348% to €9.8M, while gross profit margin grew from 11% to 28%;
  • Administrative costs rose by 46% to €3.4M, as Wandoo Finance Group expanded its team to support further growth;
  • EBITDA increased by 152%, reaching €10M in 2024;
  • Net profit reached €2.1M in 2024, exponential growth from the previous year’s profit of €407 thousand. Net profit margin increased from 2% to 6%.
  • Equity increased by 42% to €6.9M, by the size of Y2024 Net profit.
  • Net portfolio and other receivables surged by 123% to €32M, in line with growth of Loans received.

For a more detailed breakdown of Wandoo Finance Group’s operational data, we invite you to explore the full report by clicking the button below.

Wandoo Finance Group Annual report (PDF)

Here’s to continued growth and success in the months ahead! Stay tuned for more updates, and exciting news!

Best regards,
Swaper Team