Between the 2024 and 2025 financial years, the securities brokerage and distribution firm recorded a sharp increase in profitability, posting net earnings of AOA 660.95 million (US$724,490) in absolute terms. The strong performance was reflected across most of the company’s key financial indicators.
Fincrest SDVM’s net profit reached AOA 994.05 million (US$1.09 million), representing robust growth of 198.42% compared to the AOA 333.10 million (US$365,240) recorded in 2024.
The management team led by Chief Executive Officer Mário Mendes attributed the profit primarily to the management of its securities trading portfolio.
“This remarkable performance was driven mainly by the effective management of the Trading Securities Portfolio, whose trading gains and fair value adjustments reached AOA 3.3 billion, an increase of 128% that validates the company’s arbitrage strategy and market positioning in the secondary capital market,” Fincrest’s Executive Committee stated.
On the asset side, investments in total assets amounted to AOA 3.23 billion (US$3.54 million), an increase of 53.53% compared with AOA 2.10 billion (US$2.30 million) in 2024.
Within total assets, cash and balances held with financial institutions had the greatest impact, accounting for 47.44% of total assets, equivalent to AOA 1.53 billion (US$1.68 million). However, this represented a decline of 5.19% compared with the previous year, when the company held AOA 1.61 billion (US$1.77 million).
Another significant contributor to asset growth was the Securities and Financial Instruments portfolio. Investments in this segment surged by 784.59% to AOA 472.02 million (US$517,400) in 2025, compared with AOA 53.36 million (US$58,510) in 2024, representing 14.63% of total assets.
Liabilities also followed an upward trajectory, increasing by 11.84% to AOA 1.86 billion (US$2.04 million), compared with AOA 1.67 billion (US$1.83 million) in 2024. Other obligations to third parties were the main component of accounts payable, accounting for 82.28% of total liabilities, amounting to AOA 1.53 billion (US$1.68 million).
Meanwhile, shareholders’ equity grew by 264.07% to AOA 367.63 million (US$402,980), up from AOA 100.98 million (US$110,720) in 2024.
Source: O Telegrama
