Financial results
For the year 2025, we recorded a net profit of 1.685 million manats, compared with 1.340 million manats in 2024, reflecting a nearly 26 percent year-on-year increase. Over the same period, our revenues increased by nearly 70% , rising from 2.566 million manats to 4.327 million manats, underscoring strong growth in our business.
As of 31 December 2025, our financial leasing and investment portfolio in Azerbaijan reached 16.583 million manats, an increase of approximately 63% compared with 2024. Our total assets rose to 22.439 million manats by the end of 2025, representing a 62% increase versus the previous year and reflecting our active growth strategy in the domestic market.
In addition, we continue to diversify our funding base through local capital markets, including previous and planned bond issuances on the Baku Stock Exchange.
Corporate Profile and Structure
We were originally registered in 2020 and have since evolved into an open joint stock company as part of our long-term growth and governance strategy.
Our authorized capital amounts to 3.910 million manats, representing an 11% increase compared with the previous year, providing a solid capital base for our expanding leasing portfolio and investment activities.
We specialize primarily in auto leasing, serving both individual and corporate clients across Azerbaijan through tailored leasing solutions and flexible terms.
We have also aligned our organizational and legal structure with capital market requirements and international best practices in corporate governance. This transformation has enabled us to access new funding sources and position ourselves as a more transparent and attractive partner for investors and counterparties.
We continue to pursue opportunities in Azerbaijan’s growing real estate and construction-related segments, benefiting from rising investment in the broader economy.
Expansion and Investments in the United States
Beyond our core leasing operations in Azerbaijan, we have successfully continued our investment activities in the United States through our 100 percent-owned subsidiary.
Through this platform, we are actively pursuing real estate development opportunities, with a strategic focus on projects located in the New York and Florida.
These investments are intended to create a diversified international asset base and generate stable hard-currency returns for our shareholders over the medium and long term.
By participating in the U.S. real estate development market, we aim to leverage robust demand in key metropolitan and high-growth regions while enhancing our expertise in structured project financing. We assess and pursue projects aligned with our risk appetite and positioned to benefit from growing bilateral economic engagement between Azerbaijan and the United States.
We view our U.S. portfolio as a complementary pillar to our domestic leasing and investment operations, supporting overall growth and resilience.
Strengthening Azerbaijan–United States Economic Ties
Recent years have seen a notable deepening of economic and investment cooperation between Azerbaijan and the United States, particularly in sectors such as energy, infrastructure, construction, and broader capital investment.
The United States has underscored its interest in promoting large cross-border project packages in the South Caucasus region, including substantial infrastructure and connectivity initiatives involving Azerbaijan. These trends have created a more favorable climate for dual-country investment projects and private-sector partnerships.
In this context, the governments of Azerbaijan and the United States are expanding collaboration across key economic and strategic fields, including initiatives facilitating joint or parallel investments by companies operating in both jurisdictions.
Against this backdrop, we believe that our cross-border activities and dual-market investment strategy are well aligned with broader policy direction and emerging opportunities between the two countries.
Forward-Looking Statement
In 2026, we plan to significantly strengthen our balance sheet, targeting total assets of 36 million manats, driven by an expanded financial leasing and investment portfolio of 26 million manats.
This planned growth reflects our intention to deepen our presence in Azerbaijan’s leasing market, broaden the range and volume of financed assets, and actively allocate capital to both domestic and international investment opportunities.
By increasing the share of income-generating assets within our structure, we aim to:
- Enhance profitability
- Improve portfolio quality
- Reinforce resilience against market volatility
We expect that disciplined risk management, diversified funding sources, and closer integration with cross-border investment projects will support the achievement of our 2026 objectives while creating additional value for our shareholders and partners.