FinVolution Reports Strong Q4, Eyes 50% Revenue From International Markets By 2030 & More

FinVolution Group (NYSE: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, ...