We develop, implement and operate full-stack digital credit solutions for businesses to scale and capture new markets.
Tangelo is a technology company specializing in alternative credit. We develop and operate tailor-made credit solutions partnering with corporations and strategic investors.
We cater to underserved consumers and SMEs using our unique combination of cutting-edge technology, risk analytics, and proven operational capabilities.
Key Financial Figures
We let our results speak for themselves.
Key Financial Highlights
Key Financial Highlights
9M21
9M22
Var.%
Total Revenues
1,435
1,954
36.2
Net Income
56
(11)
(119.6)
Comprehensive Financing Result
233
218
(6.4)
Total Portfolio
9,622
8.877
(7.7)
Total Assets
11,387
11,723
3.0
Shareholder’s Equity & Reserves (“SE”)
1,810
1,839
1.6
Financial Debt*/Shareholders’ Equity*
4.6x
4.6x
-
Capitalization* (SE*/Total Assets*)
16.90%
16.60%
(30)bps
SE*/Total Portfolio
19.40%
21.90%
250bps
ROAA
0.70%
(0.1)%
(80)bps
ROAE*
4.3%
(0.8)%
(510)bps
Credit Rating (Fitch, Global)
B+
B
-
*Net financial ratios, not accounting for the effects caused by variations in the exchange rate for the quarter due to the debt covage, eliminating the effect on the OCI on Shareholders Equity.
Quarterly Information
At Tangelo, we put at your disposal the financial performance of the company quarterly.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.