Eleving Group Reports Record Net Profit of EUR 27.8 Million

Eleving Group S.A. announced a record net profit of EUR 27.8 million for the first nine months of 2026, marking a 17.8% increase from the same period in 2025. The Group achieved total revenue of EUR 263.8 million, a 47.5% rise from the previous year. These gains are attributed to diversified revenue streams across vehicle, device, and consumer financing segments.

The adjusted EBITDA reached EUR 103.4 million, up 41.8% year-on-year. With a well-balanced business portfolio, Eleving's net portfolio grew to EUR 548.7 million due to increased loan issuance, particularly in vehicle and device financing sectors. The Group also successfully secured EUR 200 million through bond issuance to bolster its financial structure.

In operational milestones, Eleving expanded its smartphone financing in East Africa and launched operations in South Africa, complementing its robust digital infrastructure.