FINV - FinVolution Group Non-GAAP EPADS of $0.37 revenue of $384.1M; issues FY22 guidance
FinVolution Group press release (NYSE:FINV): Q4 Non-GAAP EPADS of $0.37. Revenue of $384.1M (+32.1% Y/Y). Total cumulative registered users reached 140.3 million as of December 31, 2021. Total number of unique borrowers was 3.5 million as of December 31, 2021. Total number of new individual borrowers in the for the fourth quarter was 1.04 million, an increase of 57.0% compared to the same period of 2020. Total transaction volume reached RMB39.0 billion for the fourth quarter, an increase of 81.4% compared to the same period of 2020. Transaction volume facilitated for total new individual borrowers for the fourth quarter was RMB7.6 billion, an increase of 123.5% compared to the same period of 2020. Total outstanding principal of loans reached RMB50.3 billion as of December 31, 2021, an increase of 88.4% compared to the same period of 2020. The company anticipates its transaction volume guidance for the full year 2022 to
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FinVolution Group Non-GAAP EPADS of $0.37, revenue of $384.1M; issues FY22 guidance