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
3M21
3M22
Var.%
Total Revenues
385
616
60.0
Net Income
8
7
(12.5)
Comprehensive Financing Result
32
66
106.3
Total Portfolio
9,247
9,385
1.5
Total Assets
10,886
11,501
5.6
Shareholder’s Equity & Reserves (“SE”)
1,723
1,931
12.1
Financial Debt*/Shareholders’ Equity*
4.4x
4.4x
-
Capitalization* (SE*/Total Assets*)
17.40%
17.40%
-
SE*/Total Portfolio
19.60%
20.90%
130pbs
ROAA
0.30%
1.20%
(10)pbs
ROAE*
1.8%
1.5%
(30)pbs
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.
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