{"id":11019,"date":"2025-05-07T12:13:40","date_gmt":"2025-05-07T11:13:40","guid":{"rendered":"https:\/\/getincome.com\/blog\/?p=11019"},"modified":"2025-05-07T12:16:32","modified_gmt":"2025-05-07T11:16:32","slug":"itf-group-2024-audited-financial-results","status":"publish","type":"post","link":"https:\/\/getincome.com\/blog\/itf-group-2024-audited-financial-results\/","title":{"rendered":"ITF Group 2024 Audited Financial Results"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11019\" class=\"elementor elementor-11019\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-817a7cf e-flex e-con-boxed e-con e-parent\" data-id=\"817a7cf\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-691ccd2 elementor-widget elementor-widget-text-editor\" data-id=\"691ccd2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">We&#8217;re pleased to announce that ITF Group AD has released their audited 2024 financial results.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Based on the financial statement provided for 2024, the company&#8217;s total revenue reached EUR 13.5 million (BGN 26.3 million), showing a 60% year-over-year increase.<\/span><\/p><p><span style=\"font-weight: 400;\">ITF Group net profit also saw significant growth, rising 74%\u00a0from EUR 1.1 million (BGN 2.0 million) in 2023 to EUR 1.8 million (BGN 3.6 million). Net margin slightly increased from 13% to 14%.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">At year-end, ITF Group assets amounted to\u00a0EUR 20.0 million (BGN 39.1 million). The company&#8217;s equity stood at 6.9 million EUR (BGN 13.4 million), with EUR 1.8 million (BGN 3.5 million) of that amount representing share capital.<\/span><\/p><p><span style=\"font-weight: 400;\">Their net loan portfolio size also shows consistent growth from EUR 11.7m (BGN 22.9m) at the end of 2023 to EUR 15.6 million (BGN 30.5 million) at the end of 2024.<\/span><\/p><p><span style=\"font-weight: 400;\">Since July 2022, ITF Group AD has been onboarded to the Income platform, and our investors have already invested over EUR 38.8 million in loans originated by ITF Group AD, earning over EUR 1 million.<\/span><\/p><p><span style=\"font-weight: 400;\">Investing in loans originated by ITF Group AD yields up to 12% per annum, making it an attractive option for those looking to grow their investments.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9e1080 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d9e1080\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/getincome.com\/blog\/wp-content\/uploads\/2025\/05\/ITF-Group-audited-consolidated-FS_2024.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">2024 Audited Financial Results<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>We&#8217;re pleased to announce that ITF Group AD has released their audited 2024 financial results.\u00a0 Based on the financial statement provided for 2024, the company&#8217;s total revenue reached EUR 13.5 million (BGN 26.3 million), showing a 60% year-over-year increase. ITF Group net profit also saw significant growth, rising 74%\u00a0from EUR 1.1 million (BGN 2.0 million) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[30],"_links":{"self":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts\/11019"}],"collection":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/comments?post=11019"}],"version-history":[{"count":4,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts\/11019\/revisions"}],"predecessor-version":[{"id":11027,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/posts\/11019\/revisions\/11027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/media\/11020"}],"wp:attachment":[{"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/media?parent=11019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/categories?post=11019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getincome.com\/blog\/wp-json\/wp\/v2\/tags?post=11019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}