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 advancing solutions and technological agility has fueled an impressive annual growth rate of approximately 9.2% over the past five years .

CAGR of the net profit in the years 2019-2024 (2024 normalized).

2024 at a Glance²: Steady Growth and Expansion

Loan Portfolio Surge: Our balance sheet reflects a robust increase, with the loan portfolio escalating to an estimated $2,172 million from $1,976 million in Q3 2023.
Lending Volume: From January to September 2024, we’ve provided loans totaling $1,713 thousand, marking a 5.09% decrease over the same period last year, due to risk appetite reduction.

The data is presented according to the dollar-shekel exchange rate as of September 30, 2024.

Key financial metrics³

Metric	Q3 2024	Q3 2023	Change
	In USD thousands
Revenue	107,336	91,657	17.1%
Net income	10,130	12,114	-16.4%
Equity	367,450	346,147	6.2%
Dividend yield⁴	1.62%	1.85%	-12.1%

³ The data is presented according to the dollar-shekel exchange rate as of September 30, 2024.

⁴ Calculated as the dividend disturbed in the relevant quarter divided to the stock price in the last day of the quarter.

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. However, From January to September 2024, the new loans volume and credit loss expenses returned 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 just Q3 2024 the mortgage division net income was 2.5 million, while in the corresponding quarter the mortgage division was 0.11 million.

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 $9,164 million in loans since inception. From January to September 2024, revenues from Loans reappraisal soared to $51.3 million, 9.5% decrease from the January to September 2023, 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.

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