“NovaPay Credit,” a subsidiary of the international financial services company “NovaPay” (TM NovaPay) within the Nova Group, which is the issuer of NovaPay bonds, increased its net profit 3.2-fold in the first half of 2026 compared to the same period in 2025—to 172.01 million UAH, according to its interim condensed financial statements.
According to the report, revenue for the first half of the year increased 2.2 times compared to the same period last year—to 586.42 million UAH.
Gross profit increased 2.9-fold to 265.41 million UAH, while operating profit rose 3.2-fold to 229.17 million UAH.
The report notes that in the second quarter of 2026, the company increased its net profit by 4.9 times compared to the same period in 2025—to 97.50 million UAH—amid a 2.4-fold increase in revenue—to 312.96 million UAH.
Gross profit in the second quarter of 2026 also increased 4.3-fold to 151.35 million UAH, while operating profit rose 4.9-fold to 129.91 million UAH.
According to the report, equity for the first half of this year rose from 516.5 million UAH to 688.5 million UAH, while liabilities increased from 1 billion 371.0 million UAH to 1 billion 690.8 million UAH.
It is noted that the company increased proceeds from bond sales in January–June of this year to 693 million UAH from 355.63 million UAH in the first half of last year, while expenses for their redemption also rose—to 578.80 million UAH from 244.92 million UAH, respectively.
As for proceeds from repo agreements involving bonds—which the company offers as an alternative to bank deposits—they rose in the first half of 2026 to 882.32 million UAH from 705.88 million UAH, while expenses under such agreements rose to 727.59 million UAH from 422.03 million UAH.
Among other things, the report also notes that in July, a decision was made to issue Series “R” bonds on the “Perspektiva” Stock Exchange (PJSC) with a par value of 200 million UAH; The bonds were issued in the traditional denomination of 1,000 UAH each, with a maturity date of September 3, 2029.
