We are excited to share Vivus MX 2022 financial results.
Despite the challenging economic conditions, Vivus MX has maintained a steady growth rate of more than 10% in originations month over month. Moreover, they have achieved this while keeping marketing costs below USD 10 per loan originated, an impressive feat in the highly competitive lending market.
In addition to its growth rate, Vivus MX has also been able to maintain a high level of repeat sales with a conversion rate of over 70%. This is a testament to the quality of their services and the loyalty of their customers.
Vivus MX has constantly improved its risk models and data sources to maintain its growth while controlling risk levels. This continuous effort has been critical in achieving sustainable growth while controlling risk levels.
Vivus MX’s 2022 revenue was 12,063,523.49 EUR (238961620,00 MXP) with a gross profit of 4,947,979.44 EUR (98012590,00 MXP). These financial results reflect Vivus MX’s commitment to providing innovative and sustainable financial solutions to its customers.
We look forward to continuing our partnership and delivering strong and sustainable returns for our investors.
You can view Vivus MX’s full 2022 financial results here.
