הלוואות - מימון ישיר קשרי משקיעים

Driving Financial Success in Israel

Direct Finance, publicly traded on the Tel Aviv Stock Exchange, stands at the forefront of Israel’s consumer credit market. Our dual expertise in facilitating car purchase loans and providing competitive mortgage options sets us apart as a beacon of financial innovation and strength. Our commitment to progressive solutions and technological agility has fueled an impressive annual growth rate of approximately 10.7% over the past five years*.

* CAGR of the net profit in the years 2018-2023.

2023 at a Glance*: Steady Growth and Expansion

Loan Portfolio Surge: Our balance sheet reflects a robust increase, with the loan portfolio escalating to an estimated $2,042 million from $1,742 million in 2022.
Lending Volume Leap: From January to December 2023, we’ve provided loans totaling $2,316 million, marking a 1.6% decrease over the same period last year.

* The data is presented according to the dollar-shekel exchange rate as of December 31, 2023.

Key financial metrics*

Metric	2023	2022	Change
	In USD thousands
Revenue	352,511	328,853	7.2%
Net income	36,592	67,399	(45.7%)
Equity	349,887	325,926	7.4%
Dividend yield	5.2%	7.4%	(29.8%)

*The data is presented according to the dollar-shekel exchange rate as of December 31, 2023.

Significant events during the reporting period

The Iron Swords War broke out in October 2023. The war exerted significant and adverse effects on the Company’s results due to a decline in new loans and a significant increase in credit loss expenses. The Company’s results in 2023 were significantly and adversely affected by the increase of the BoI interest rate from 0.1% in 2022 to 4.75% in 2023. However, as of early 2024, the Company expects a return to its pre-war levels (loan provision, improvement in credit loss levels and continued growth in the mortgages market).

Mortgage Momentum

In the third quarter of 2022, We proudly unveiled our mortgage division, setting a new standard in the market with our tailored financial solutions. We've seen exponential growth, a testament to our market-responsive offerings. In 2023 we've issued mortgages worth $285.99 million, a staggering 375.3% increase from 2022.

A Hybrid Model of Financial Innovation

Our hybrid financial model sets us apart, combining direct lending with strategic loan assignments. This approach has allowed us to assign over $8,304 million in loans since inception. In 2023 alone: Loan assignments soared to $1,130 million, up by 21.4% from the previous year, reflecting our dynamic and responsive market strategy.

Invest in Direct Finance

With Direct Finance, you're not just investing in a company but in a philosophy of continuous growth and innovation. We invite you to join us as we redefine consumer credit in Israel and deliver sustained value to our investors. For a partnership that grows with you, choose Direct Finance.

INVESTORS INFO