contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

VEF is an investment company. The company invests in emerging markets. The main focus is on companies operating in the fintech industry, which includes technology companies in the financial sector. The investment portfolio consists mainly of companies in early growth stages with products and services in consumer credit, payment solutions, money transfer and insurance. VEF was previously known as Vostok Emerging Finance and is headquartered in Stockholm.

Creditas, VEF’s largest portfolio holding, has announced its financial results for 4Q23.Key comments from Creditas’ release:“2023 was a year of many accomplishments for Creditas. Despite keeping...

<div class="mfn-preamble">Creditas, VEF’s largest portfolio holding, has announced its financial results for 4Q23.</div><div class="mfn-body">Key comments from Creditas’ release:“2023 was a year of many accomplishments for Creditas. Despite keeping a conservative approach in terms of portfolio growth, we were able to deliver a 25% increase in top line (almost R$2.0bn annual revenues), that got transferred into an impressive 192% gross margin growth (R$640mn annual result) and 64% reduction of net losses (-R$385mn). In Dec-2023 we also achieved a very important milestone: operational breakeven.”“Gross Profit Margin as a % of revenues approached our 40-45% steady state level, moving from 12.1% 15 months ago to 41.3% in Q4-23, as we continued repricing of our loan book and maintained a high quality credit portfolio, which is delivering cost of credit at the lowest level since 2021.”“On the macro side, inflation ended 2023 at 4.62%, from the peak observed in Apr-2022 at 12.13%. SELIC closed 2023 at 11.75% and has already incorporated one more drop of 0.5% since then, endorsing the expectations of a continued decreasing trend, to reach 9.0% by the end of 2024.”“As we accelerate the expansion of gross profit and continue gaining operational leverage, we are confident that we will keep profitable growth throughout 2024.”The full release is available on Creditas’ investor relations webpage and can be accessed at the following link:<a rel="noopener" href="https://ir.creditas.com/ir/financial-information/creditas-financial-results-q4-2023">Creditas | Financial results Q4-2023</a></div><div class="mfn-footer mfn-contacts mfn-697190337b3e">For further information please contact:<hr>Cathal Carroll, Investor Relations: +46&nbsp;(0) 8-545 015 50</div><div class="mfn-footer mfn-about mfn-a8e9fa19b8b1">About Us<hr>VEF AB&nbsp;(publ) is an investment company whose Common&nbsp;Shares are listed in Sweden.&nbsp;We&nbsp;invest in growth stage private fintech companies,&nbsp;take minority stakes and are active investors with board representation in our portfolio companies, always looking to back the best entrepreneurs in each market. We focus on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. VEF trades in Sweden on Nasdaq Stockholm's Main Market under the ticker VEFAB. For more information on VEF, please visit <a rel="noopener" href="http://www.vef.vc">http://www.vef.vc</a>.</div><div class="mfn-footer mfn-attachment mfn-attachment-general">Attachments<hr><a rel="noopener" href="https://storage.mfn.se/87e1d9d0-6e43-4f79-a9c0-4e4886fb1e5f/vef-creditas-financial-results-4q23.pdf" class="mfn-generated mfn-primary">VEF: Creditas financial results 4Q23</a></div>