Trade Hoist Finance - HOFI CFD

Hoist Company profile

About Hoist Finance AB (publ)

Hoist Finance publ AB is a Sweden-based debt restructuring company that mainly serves international banks. It provides a portfolio of solutions for managing overdue consumer receivables, including debt purchasing and debt collection, as well as deposits. Its offering comprises acquisition and management of non-performing unsecured consumer loans, conducted by in-house collection centers across Europe. Its business is based on amicable settlements, as well as servicing on behalf of third parties. The Company operates in Belgium, the Netherlands, France, the United Kingdom, Italy, Poland, Spain, Germany and Austria. Additionally, the Company is active in the area of retail deposits though the online savings service, HoistSpar.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Hoist Finance AB (publ) revenues decreased 8% to SEK2.59B. Net loss applicable to common stockholders increased from SEK45M to SEK207M. Revenues reflect Central Functions segment decrease of 70% to SEK121M, France segment decrease of 47% to SEK144M, Central Functions segment decrease of 70% to SEK121M, France segment decrease of 47% to SEK144M.