published on 03/15/2023 at 17:40 from TCS Group Holding PLC (isin : US87238U2033)

TCS Group Holding PLC reports IFRS results for 4Q and FY 2022

TCS Group Holding PLC (TCS)
TCS Group Holding PLC reports IFRS results for 4Q and FY 2022

15-March-2023 / 19:40 MSK
The issuer is solely responsible for the content of this announcement.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Total revenues grew 34% to RUB 366.2 bn in FY’22 (FY’21: RUB 273.9 bn)
Total customers reached 28.9 mn in FY’22 (FY’21: 20.8 mn)
Non-credit business lines amounted to 52% of revenues
ROE was 10.9% in FY’22, reaching 21.5% in 4Q

LIMASSOL, CYPRUS — 15 March 2023. TCS Group Holding PLC (MOEX: TCSG) (“TCS”, “We”, the "Group", the “Company”), a leading provider of financial and lifestyle services via its digital ecosystem, today announces its consolidated IFRS results for the three months and twelve months ended 31 December 2022.

KEY PERFORMANCE METRICS

Key metrics, mn	4Q'22	3Q'22	4Q'21	Q-o-Q Change, %	Y-o-Y Change, %
Total customers	28.9	26.3	20.8	9.9%	39%
Active customers	20.2	18.3	14.5	10.4%	39%
Monthly active users (MAU)	22.5	20.6	15.4	9.2%	46%
Daily active users (DAU)	9.3	8.7	5.8	6.9%	60%

FINANCIAL AND OPERATING REVIEW

RUB bn	4Q’22	4Q’21	∆	3Q’22	∆	FY’22	FY’21	∆
Interest income	53.2	45.8	16%	50.9	4%	205.8	163.8	26%
Interest expense	-12.4	-10.4	19%	-14.2	13%	-61.9	-31.2	98%
Net interest income	40.8	35.4	+15%	36.7	11%	143.9	132.6	+9%
Net interest income after provisions	24.3	28.5	-15%	18.4	32%	76.4	110.9	-31%
Fee and commission income	28.8	27.5	5%	27.8	4%	125.1	86.1	45%
Fee and commission expense	-9.2	-11.6	-21%	-9.1	1%	-41.0	-38.8	6%
Net fee and commission Income	19.6	15.9	23%	18.7	5%	84.1	47.3	78%
Total operating expenses	-42.0	-32.7	28%	-34.1	23%	-139.3	-102.9	35%
Profit before tax	14.7	21.9	-33%	9.1	62%	29.8	81.0	-63%
Net profit	10.7	16.6	-36%	5.9	81%	20.8	63.4	-67%

Ratios	4Q’22	4Q’21	∆	3Q’22	∆	FY’22	FY’21	∆
Return on equity	21.5%	39.2%	-17.7 p.p.	12.2%	9.3 p.p.	10.9%	42.5%	-31.6 p.p.
Net interest margin	13.4%	13.7%	-0.3 p.p.	12.7%	0.6 p.p.	12.2%	15.1%	-2.9 p.p.
Cost of risk	9.3%	4.9%	+4.3 p.p.	11.3%	-2 p.p.	9.9%	4.5%	+5.4 p.p.

RUB bn	31 Dec 2022	31 Dec 2021	∆

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