Iute Group Reports Improved Efficiency and Profitability Amidst Customer Growth Challenges

Iute Group has released its unaudited financial results for the first quarter of 2025. The company showed improved operational efficiency and profitability despite facing challenges in growing its customer base. Active customers declined by 1.6% to 258,000, while revenue per customer increased by 2.1% to 441 EUR. Despite this, overall revenue rose by 9.0% to 28.8 million EUR, supported by higher interest and commission income.

The company's balance sheet grew by 3.6% to 430.5 million EUR, with equity increasing by 2.7% to 76.5 million EUR. Loan payouts saw a modest rise of 1.7% to 83.5 million EUR, and the company's digital services continue to grow faster than traditional lending. Additionally, the Group's cost-to-revenue ratio improved, reflecting higher operational efficiency.

Iute Group's efforts in digitalization and risk management have begun to yield results, with improved financial metrics such as a lower cost of risk and better customer repayment discipline.