MGKL's revenue in January–August 2024 increased 4 times to 4.2 billion rubles. compared to a year earlier. The total portfolio of the group – pawnshop collateral loans and retail goods – increased 1.7 times to 1.3 billion rubles. The number of retail customers of the group exceeded 140 thousand people. The share of goods stored in the portfolio for more than 90 days decreased to 15% from 43%. This is stated in the company's message.
The Mosgorlombard Group of companies conducts several activities: obtaining loans secured by jewelry, fur products and household appliances, resale services within a wide retail network in Moscow and the Moscow region and through resale platforms throughout Russia, wholesale purchase and processing of scrap precious metals for the supply of pure gold to banks and jewelry manufacturers products.
The Mosgorlombard Group, represented by the parent company PJSC MGKL, includes the following legal entities: pawnshop – LLC Auto-Pawnshop Equivalent, LLC Lombard Platinum; retail – LLC Retail, LLC Glavmostorg; the secondary market of precious metals – LLC LOT-Gold VAT. MGKL PJSC owns a 100% share in the authorized capital of each company.
MGKL's net profit under IFRS for the first half of 2024 increased 4.9 times to 225 million rubles. compared to a year earlier. Consolidated revenue amounted to 3.057 billion rubles, an increase of 4.8 times. EBITDA amounted to 594 million rubles, showing more than double growth. Assets amounted to RUB 4.2 billion, an increase of 62%.
