FINTECH FARM LTD

• ⚠

  Confirmation statement overdue

  Due 2026-04-13.

• ⚠

  Material uncertainty over going concern

  Management has reviewed the Group's ability to continue as a going concern at the date of issue of these consolidated financial statements and has concluded that there is material uncertainty about further significant escalation in hostilities that may potentially affect the Group's operations, including the potential use of the letter of support, which may cast significant doubt on the Group's ability to continue as a going concern.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6,224.1%

  USD 21,679 → £1,371,010

• Cash

  -29.4%

  USD 3,967,257 → £2,800,329

• Net assets

  +55.6%

  USD 5,810,720 → £9,040,891

• Employees

  +20.5%

  195 → 235

  highest in 4 filed years

• Operating profit

  +40.6%

  USD -11,080,960 → -£6,582,193

• Profit before tax

  +69.4%

  USD -13,479,106 → -£4,122,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Collett Hulance Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Management has reviewed the Group's ability to continue as a going concern at the date of issue of these consolidated financial statements and has concluded that there is material uncertainty about further significant escalation in hostilities that may potentially affect the Group's operations, including the potential use of the letter of support, which may cast significant doubt on the Group's ability to continue as a going concern.”

Group structure

1. FINTECH FARM LTD · parent
   1. Fintech Farm LLC 99.9999% · Ukraine · Production
   2. Fibo Fintech Ltd 100% · Nigeria · Distribution
   3. Fintech Farm Vietnam Company Ltd 100% · Vietnam · Distribution
   4. LeoFarm Tech India Private Ltd 99.9999% · India · Distribution

Significant events

• “Leobank in Azerbaijan became the #2 bank in the country by retail transaction volume with over 1.4 million customers and reached profitability within 14 months.”
• “In July 2024, Leobank launched a small business offering, attracting over 20,000 users by Q2 2025.”
• “Liobank (Vietnam), launched in April 2023, completed its pilot stage with 500,000 customers and began scaling in early 2025.”
• “Simbank (Kyrgyzstan) launched in September 2024, reaching over 200,000 users and growing by over 1,000 customers per day.”
• “In March 2024, the Company raised USD 5 million from a new investor to support the launch of a pilot in India.”
• “In October 2024, a termination agreement was signed for a convertible loan (USD 5,000 thousand nominal, USD 8,250 thousand carrying value as at 31 December 2023), which was fully repaid at its nominal amount.”
• “In February 2025, the Company issued 30,412 Series B2 Preferred Shares, raising USD 4,000 thousand of equity investment.”
• “In May 2025, the Group established a Cypriot subsidiary with 100% effective ownership interest.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

5

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.