Zinger Key Points
- FinVolution reports strong Q4 earnings, with revenue rising to CNY3.46B ($473.6M), up from CNY3.22B YoY.
- International expansion accelerating, with Pakistan and other markets targeted for 2025, aiming for 50% revenue from global markets by 2030.
- Join Nic Chahine live on Wednesday, March 19, at 6 PM ET for a step-by-step breakdown of how to to capitalize on post-Fed volatility and manage risk in this fast-moving market. Register for this free strategy session today.
FinVolution Group FINV shares are trading higher premarket on Tuesday. On Monday, the company reported fourth-quarter revenue of CNY3.46 billion ($473.6 million) vs. CNY3.22 billion a year ago quarter.
Revenues were led by higher loan facilitation service fees and other revenue.
As of December 31, 2024, cumulative registered users rose 45.1% year-over-year (Y/Y) to 35.7 million, and cumulative borrowers in the international market upped 45.8% Y/Y to 7.0 million.
Transaction volume stood at CNY52.4 billion, up 8.6% Y/Y, with an increase of 7.8% in China’s Mainland and 26.1% in the International segment.
Adjusted operating income rose to CNY822.0 million ($112.6 million) from CNY547.0 million in the prior year quarter.
Adjusted EPS surged to CNY2.74 ($0.38) from CNY2.04 in the prior year quarter.
As of December 31, 2024, the company had cash and cash equivalents of CNY4.67 billion ($640.2 million) and short-term investments, mainly in wealth management products and term deposits, of RMB2,832.4 million ($388.0 million).
Jiayuan Xu, Chief Financial Officer, said, “As part of our unwavering commitment to delivering value to shareholders through business growth and capital return, we deployed approximately US$160.4 million in 2024. This compromised, US$90.2 million for share repurchases and US$70.2 million for dividend distributions, representing a total payout ratio of approximately 49.1%.”
Dividend: The board of directors approved a cash dividend of $0.277 per American Depositary Share, up 17% year-over-year, payable on or around May 7, 2025 to shareholders of record as of April 16, 2025.
Buyback: FinVolution disclosed a new share repurchase program effective March 20, 2025.
Under this program, the company may buy back up to $150 million worth of shares, including ADSs, through March 19, 2027.
Outlook: The company expects total revenue of around CNY14.4 billion to CNY15.0 billion in 2025, representing growth of about 10.0% to 15.0%.
The company stated that despite ongoing macroeconomic recovery and signs of improvement since early 2024, uncertainties remain in the operating markets. FinVolution remains cautiously optimistic, closely monitoring conditions across Pan-Asian markets.
Going forward, FinVolution targets deriving 50% of its revenue from international markets by 2030.
After strong growth in Indonesia and the Philippines, the company is fast-tracking expansion into Pakistan and other markets in 2025.
Price Action: FINV shares are up 12.8% at $10.28 premarket at the last check Tuesday.
Read Next:
- BofA Analyst Highlights Regulatory Clarity As Key To Unlocking Potential Of Sports Prediction Market
Image via Shutterstock.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.