Finext Nyrt. is a Hungarian listed company, headquartered in the city of Budapest. It has been established by two private individuals on July 8, 2009, with an initial capital of 500.000.000,- HUF for carrying out asset management activities. It is proposed that the primary business activity of Company would consist of the acquiring mainly majority interest in Hungarian or foreign companies of various profile and with a profitable business activity by using the Company’s own funds and external financings, and also the carrying out of a holding activity including the managing and controlling of these companies. The Company is also planning to invest in passive securities and real estates and, thereafter, to manage such investment portfolios. By following a conservative investment policy it is the Company’s aim to create from its Hungarian and foreign securities and real estate investments an investment portfolio providing, in middle- and long-terms, revenues high enough to return the invested funds and a profit which is generally expected in that particular business sector. The Company’s main vision and strategy is to rely on the founders intellectual expertise gained in the past years on the fields of Hungarian and foreign real estate investments in order to identify the available opportunities of the investment markets.
Basic Information
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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97.58%
Subsidiaries
BP1 Elso Utem Ingatlanfejleszto Kft.
BP1 Elso Utem Ingatlanfejleszto Zrt.
Corvin 5 Projekt Ingatlanfejleszto Kft.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
-51.4%▼
Total operating revenue
-51.01%▼
Operating profit (EBIT)
-46.33%▼
Net Profit (Loss) for the Period
-42.4%▼
Operating Profit Margin (ROS)
3.39%▲
Return on Equity (ROE)
-6.35%▼
Debt to Equity Ratio
20.54%▲