IPAS Indexo AS (RSE:IDX1R)

Latvia flag Latvia · Delayed Price · Currency is EUR
8.78
+0.10 (1.15%)
At close: Apr 27, 2026
Market Cap107.44M +117.4%
Revenue (ttm)5.36M +31.3%
Net Income-7.62M
EPS-1.55
Shares Out12.24M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume686
Average Volume669
Open8.70
Previous Close8.68
Day's Range8.68 - 8.80
52-Week Range8.40 - 10.55
Beta0.17
RSI44.35
Earnings DateMay 13, 2026

About IPAS Indexo AS

IPAS Indexo AS is a privately owned investment manager. IPAS Indexo AS, an investment management company, provides asset and investment management services in Latvia. It offers state-funded pension scheme investment plans and private pension plans. IPAS Indexo AS was incorporated in 2017 and is headquartered in Riga, Latvia. [Read more]

Industry Investment Advice
Founded 2017
Employees 122
Stock Exchange Nasdaq Riga
Ticker Symbol IDX1R
Full Company Profile

Financial Performance

In 2024, IPAS Indexo AS's revenue was 4.47 million, an increase of 43.27% compared to the previous year's 3.12 million. Losses were -5.38 million, 85.7% more than in 2023.

Financial Statements

News

IPAS Indexo AS Earnings Call Transcript: Q4 2025

2025 saw strong revenue growth, major acquisitions, and expansion across banking, pensions, and lending. Despite a group net loss, profitability improved, and synergies from DelfinGroup and VAIRO are set to drive future gains.

2 months ago - Transcripts

IPAS Indexo AS Transcript: Status update

Indexo will acquire a controlling stake in DelfinGroup, creating a profitable, diversified financial group targeting €30 million profit by 2028. Shareholders can swap, retain, or sell shares, with new capital supporting bank growth and future dividends. DelfinGroup remains listed and maintains its dividend policy.

5 months ago - Transcripts

IPAS Indexo AS Earnings Call Transcript: Q2 2025

Profitable pension operations and rapid bank customer growth drove strong H1 results, despite ongoing bank losses. Strategic acquisitions of VIRO and DelfinGroup aim to accelerate profitability, expand scale, and unlock synergies.

9 months ago - Transcripts

IPAS Indexo AS Earnings Call Transcript: Q4 2024

Transformational year with strong pension growth, bank launch, and rapid customer acquisition. Pension business turned profitable; bank aims for break-even in Q4 2024, with new products and capital raise planned.

1 year ago - Transcripts

IPAS Indexo AS Earnings Call Transcript: Q3 2024

Nine-month results show 43% revenue growth in pensions and a record-setting bank launch with over 10,000 customers in the first month. The group remains profitable, but the bank segment posted a EUR 3.9 million loss due to early investments. Regulatory changes and delayed launch present challenges.

1 year ago - Transcripts

IPAS Indexo AS Earnings Call Transcript: Q2 2024

AUM grew 53% year-over-year to €1.15 billion, with strong pension profitability and revenue up 45%. The new bank launches August 28, 2024, targeting rapid growth and market share, supported by robust IT investment and a large, high-quality customer base.

1 year ago - Transcripts