We’re pleased to announce that Current Auto SIA (LV) has released their audited financial results for the year 2024.
Based on the financial statement provided, the company’s total revenue reached EUR 2.4 million euros, showing a 4% year-over-year increase.
Current Auto SIA (LV) improved its position in 2024, decreasing loss by 5% from -966 thousand euros in 2023 to -913 thousand euros. The net margin improved from -93% to -89%.
At year-end, the Company’s assets amounted to 5.0 million euros. The company’s equity stood at a negative amount of 2.8 million euros (-1.8 million euros in 2023), with 2.8 thousand euros of that amount representing share capital.
Their net loan portfolio size also shows a growth from 3.3 million euros at the end of 2023 to 3.6 million euros at the end of 2024.
Since October 2024, Current Auto SIA (LV) has been onboarded to the Income platform, and our investors have already invested over 3.6 million euros in loans originated by Current Auto SIA (LV), earning over 138 thousand.
Investing in loans originated by Current Auto SIA (LV) yields up to 10 % per annum, making it an attractive option for those looking to grow their investments.
