{"id":1099,"date":"2026-06-30T09:46:02","date_gmt":"2026-06-30T09:46:02","guid":{"rendered":"https:\/\/modena.capital\/?p=1099"},"modified":"2026-06-30T09:46:03","modified_gmt":"2026-06-30T09:46:03","slug":"audited-financial-results-of-2025","status":"publish","type":"post","link":"https:\/\/modena.capital\/es\/audited-financial-results-of-2025\/","title":{"rendered":"Audited Financial Results of 2025"},"content":{"rendered":"\n

We are happy to announce that the audited financial results for 2025 are now public. The total revenue for the year was 1 786k EUR with the net profit 231k EUR. <\/p>\n\n\n\n

Income statement<\/h2>\n\n\n\n
<\/td>2025<\/strong><\/td>2024<\/strong><\/td><\/tr>
Interest income<\/td>1 262 859<\/td>1 103 684<\/td><\/tr>
Interest expense<\/td>-172 457<\/td>-225 345<\/td><\/tr>
Net interest income<\/strong><\/td>1 090 402<\/strong><\/td>878 339<\/strong><\/td><\/tr>
Fee and commission income<\/td>371 342<\/td>280 302<\/td><\/tr>
Fee and commission expense<\/td>-310 717<\/td>-195 268<\/td><\/tr>
Net fee and commission income<\/strong><\/td>60 625<\/strong><\/td>85 034<\/strong><\/td><\/tr>
Other financial income and expenses<\/td>-59 292<\/td>499<\/td><\/tr>
Other operating income<\/td>152 395<\/td>82 892<\/td><\/tr>
Miscellaneous operating expenses<\/td>-389 212<\/td>-396 192<\/td><\/tr>
Labor costs<\/td>-507 395<\/td>-305 682<\/td><\/tr>
Depreciation and impairment of fixed assets<\/td>-115 580<\/td>-91 720<\/td><\/tr>
Other operating expenses<\/td>0<\/td>-73<\/td><\/tr>
Profit (loss) before tax<\/strong><\/td>231 943<\/strong><\/td>253 097<\/strong><\/td><\/tr>
Profit (loss) for the financial year<\/strong><\/td>231 943<\/strong><\/td>253 097<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The full annual report can be downloaded here: https:\/\/ariregister.rik.ee\/est\/company\/14820592\/Modena-Estonia-O%C3%9C (it is in Estonian).<\/p>\n\n\n\n

<\/p>\n\n\n\n

Key Events in 2025<\/h2>\n\n\n\n

The year 2025 was a landmark period for the Company in terms of strategic investments and technological innovations. During the reporting period, several large-scale projects were successfully implemented, supporting the Company’s long-term growth and efficiency:<\/p>\n\n\n\n

    \n
  • Strategic Expansion into the Corporate Segment:<\/strong> In the 2025 financial year, the Company strategically expanded its operational scope, establishing the corporate client segment as one of its primary focus areas. In addition to well-established consumer financing products and traditional business loans, the Company launched business installment loans and mortgage loans specifically tailored for small and medium-sized enterprises (SMEs). Expanding the product portfolio enables the Company to diversify risks across different customer groups, enter markets with higher transaction values, and provide corporate clients with vital liquidity and flexibility for making investments.<\/li>\n\n\n\n
  • Launch of the Claims Trading Portal:<\/strong> The Company brought to market a dedicated platform for the sale of credit claims and portfolio management. In 2025, the volume of sold claims reached approximately EUR 12.9 million.<\/li>\n\n\n\n
  • Rebranding and New Visual Identity:<\/strong> In 2025, significant investments were made into refreshing the Modena brand to align it with the Company\u2019s position as a modern and professional financial partner. As part of the rebranding, a new visual identity was developed, and a completely redesigned website was launched.<\/li>\n\n\n\n
  • Modernization of Customer Systems:<\/strong> In tandem with the rebranding, all of Modena\u2019s customer-facing self-service systems and digital platforms underwent a comprehensive upgrade. The modern new look, combined with an enhanced user experience (UX\/UI), ensures a more intuitive and faster process for customers, which has directly increased customer satisfaction and supports the Company’s conversion rates.<\/li>\n<\/ul>\n\n\n\n

    <\/p>\n\n\n\n

    Review of Business Activities and Financial Results<\/h2>\n\n\n\n
      \n
    • A Year of Stable and Successful Growth:<\/strong> The year proved to be a period of stable and successful growth for the Company. Despite the macroeconomic challenges of previous years, the Company was able to significantly increase its declared revenue and strengthen its position in the fintech (FinTech) market.<\/li>\n\n\n\n
    • Revenue and Portfolio Growth:<\/strong> The Company’s revenue for 2025 was EUR 1,633k, marking an approximate 18% growth compared to the 2024 financial year (2024: EUR 1,383k). This growth was driven by active sales efforts, the successful launch of new corporate client products, and high activity within the existing customer base.<\/li>\n\n\n\n
    • Profitability and Net Assets:<\/strong> The financial year concluded profitably, reaching EUR 231,943. The Company’s net assets and equity are fully compliant with statutory requirements, ensuring a sufficient capital buffer for further operational expansion.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

      We are happy to announce that the audited financial results for 2025 are now public. The total revenue for the year was 1 786k EUR with the net profit 231k EUR. Income statement 2025 2024 Interest income 1 262 859 1 103 684 Interest expense -172 457 -225 345 Net interest income 1 090 402 […]<\/p>\n","protected":false},"author":4,"featured_media":1100,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nAudited Financial Results of 2025 - Modena Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/modena.capital\/audited-financial-results-of-2025\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Audited Financial Results of 2025 - Modena Capital\" \/>\n<meta property=\"og:description\" content=\"We are happy to announce that the audited financial results for 2025 are now public. The total revenue for the year was 1 786k EUR with the net profit 231k EUR. Income statement 2025 2024 Interest income 1 262 859 1 103 684 Interest expense -172 457 -225 345 Net interest income 1 090 402 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/modena.capital\/audited-financial-results-of-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Modena Capital\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-30T09:46:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-30T09:46:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/modena.capital\/wp-content\/uploads\/2026\/06\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"559\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oliver Matt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oliver Matt\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/\"},\"author\":{\"name\":\"Oliver Matt\",\"@id\":\"https:\\\/\\\/modena.capital\\\/#\\\/schema\\\/person\\\/55a78ff54f5b60eaec8e81bba0275f86\"},\"headline\":\"Audited Financial Results of 2025\",\"datePublished\":\"2026-06-30T09:46:02+00:00\",\"dateModified\":\"2026-06-30T09:46:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/\"},\"wordCount\":520,\"publisher\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/modena.capital\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg\",\"inLanguage\":\"es-ES\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/\",\"url\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/\",\"name\":\"Audited Financial Results of 2025 - Modena Capital\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/modena.capital\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg\",\"datePublished\":\"2026-06-30T09:46:02+00:00\",\"dateModified\":\"2026-06-30T09:46:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#breadcrumb\"},\"inLanguage\":\"es-ES\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es-ES\",\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#primaryimage\",\"url\":\"https:\\\/\\\/modena.capital\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg\",\"contentUrl\":\"https:\\\/\\\/modena.capital\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg\",\"width\":1024,\"height\":559},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/modena.capital\\\/audited-financial-results-of-2025\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/modena.capital\\\/es\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Audited Financial Results of 2025\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/modena.capital\\\/#website\",\"url\":\"https:\\\/\\\/modena.capital\\\/\",\"name\":\"Modena Capital\",\"description\":\"Earn Up to 11% Passive Income\",\"publisher\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/modena.capital\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es-ES\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/modena.capital\\\/#organization\",\"name\":\"Modena Capital\",\"url\":\"https:\\\/\\\/modena.capital\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es-ES\",\"@id\":\"https:\\\/\\\/modena.capital\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/modena.capital\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/logo_heletume84-pdf.jpg\",\"contentUrl\":\"https:\\\/\\\/modena.capital\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/logo_heletume84-pdf.jpg\",\"width\":1067,\"height\":1067,\"caption\":\"Modena Capital\"},\"image\":{\"@id\":\"https:\\\/\\\/modena.capital\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/35621821\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/modena.capital\\\/#\\\/schema\\\/person\\\/55a78ff54f5b60eaec8e81bba0275f86\",\"name\":\"Oliver Matt\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es-ES\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/08918f55112f46a4f65fd81dbaf83981736741ecc3f51b5fce50c495254248df?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/08918f55112f46a4f65fd81dbaf83981736741ecc3f51b5fce50c495254248df?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/08918f55112f46a4f65fd81dbaf83981736741ecc3f51b5fce50c495254248df?s=96&d=mm&r=g\",\"caption\":\"Oliver Matt\"},\"url\":\"https:\\\/\\\/modena.capital\\\/es\\\/author\\\/olivermodena-ee\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Audited Financial Results of 2025 - Modena Capital","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/modena.capital\/audited-financial-results-of-2025\/","og_locale":"es_ES","og_type":"article","og_title":"Audited Financial Results of 2025 - Modena Capital","og_description":"We are happy to announce that the audited financial results for 2025 are now public. The total revenue for the year was 1 786k EUR with the net profit 231k EUR. Income statement 2025 2024 Interest income 1 262 859 1 103 684 Interest expense -172 457 -225 345 Net interest income 1 090 402 […]","og_url":"https:\/\/modena.capital\/audited-financial-results-of-2025\/","og_site_name":"Modena Capital","article_published_time":"2026-06-30T09:46:02+00:00","article_modified_time":"2026-06-30T09:46:03+00:00","og_image":[{"width":1024,"height":559,"url":"https:\/\/modena.capital\/wp-content\/uploads\/2026\/06\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg","type":"image\/jpeg"}],"author":"Oliver Matt","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"Oliver Matt","Tiempo de lectura":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#article","isPartOf":{"@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/"},"author":{"name":"Oliver Matt","@id":"https:\/\/modena.capital\/#\/schema\/person\/55a78ff54f5b60eaec8e81bba0275f86"},"headline":"Audited Financial Results of 2025","datePublished":"2026-06-30T09:46:02+00:00","dateModified":"2026-06-30T09:46:03+00:00","mainEntityOfPage":{"@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/"},"wordCount":520,"publisher":{"@id":"https:\/\/modena.capital\/#organization"},"image":{"@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/modena.capital\/wp-content\/uploads\/2026\/06\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg","inLanguage":"es-ES"},{"@type":"WebPage","@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/","url":"https:\/\/modena.capital\/audited-financial-results-of-2025\/","name":"Audited Financial Results of 2025 - Modena Capital","isPartOf":{"@id":"https:\/\/modena.capital\/#website"},"primaryImageOfPage":{"@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#primaryimage"},"image":{"@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/modena.capital\/wp-content\/uploads\/2026\/06\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg","datePublished":"2026-06-30T09:46:02+00:00","dateModified":"2026-06-30T09:46:03+00:00","breadcrumb":{"@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#breadcrumb"},"inLanguage":"es-ES","potentialAction":[{"@type":"ReadAction","target":["https:\/\/modena.capital\/audited-financial-results-of-2025\/"]}]},{"@type":"ImageObject","inLanguage":"es-ES","@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#primaryimage","url":"https:\/\/modena.capital\/wp-content\/uploads\/2026\/06\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg","contentUrl":"https:\/\/modena.capital\/wp-content\/uploads\/2026\/06\/47d963c8-6ed3-46f5-8ea2-fad4cfaecad3.jpg","width":1024,"height":559},{"@type":"BreadcrumbList","@id":"https:\/\/modena.capital\/audited-financial-results-of-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/modena.capital\/es\/"},{"@type":"ListItem","position":2,"name":"Audited Financial Results of 2025"}]},{"@type":"WebSite","@id":"https:\/\/modena.capital\/#website","url":"https:\/\/modena.capital\/","name":"Modena Capital","description":"Earn Up to 11% Passive Income","publisher":{"@id":"https:\/\/modena.capital\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/modena.capital\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es-ES"},{"@type":"Organization","@id":"https:\/\/modena.capital\/#organization","name":"Modena Capital","url":"https:\/\/modena.capital\/","logo":{"@type":"ImageObject","inLanguage":"es-ES","@id":"https:\/\/modena.capital\/#\/schema\/logo\/image\/","url":"https:\/\/modena.capital\/wp-content\/uploads\/2025\/12\/logo_heletume84-pdf.jpg","contentUrl":"https:\/\/modena.capital\/wp-content\/uploads\/2025\/12\/logo_heletume84-pdf.jpg","width":1067,"height":1067,"caption":"Modena Capital"},"image":{"@id":"https:\/\/modena.capital\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/35621821"]},{"@type":"Person","@id":"https:\/\/modena.capital\/#\/schema\/person\/55a78ff54f5b60eaec8e81bba0275f86","name":"Oliver Matt","image":{"@type":"ImageObject","inLanguage":"es-ES","@id":"https:\/\/secure.gravatar.com\/avatar\/08918f55112f46a4f65fd81dbaf83981736741ecc3f51b5fce50c495254248df?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/08918f55112f46a4f65fd81dbaf83981736741ecc3f51b5fce50c495254248df?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/08918f55112f46a4f65fd81dbaf83981736741ecc3f51b5fce50c495254248df?s=96&d=mm&r=g","caption":"Oliver Matt"},"url":"https:\/\/modena.capital\/es\/author\/olivermodena-ee\/"}]}},"_links":{"self":[{"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/posts\/1099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/comments?post=1099"}],"version-history":[{"count":1,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/posts\/1099\/revisions"}],"predecessor-version":[{"id":1101,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/posts\/1099\/revisions\/1101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/media\/1100"}],"wp:attachment":[{"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/media?parent=1099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/categories?post=1099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/modena.capital\/es\/wp-json\/wp\/v2\/tags?post=1099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}