NEO Finance AB (OVSE:NEOFI) Accounts Payable & Accrued Expense : €23.39 Mil (As of Mar. 2025)

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What is NEO Finance AB Accounts Payable & Accrued Expense?

NEO Finance AB's quarterly accounts payable & accrued expense declined from Sep. 2024 (€20.61 Mil) to Dec. 2024 (€0.66 Mil) but then increased from Dec. 2024 (€0.66 Mil) to Mar. 2025 (€23.39 Mil).

NEO Finance AB's annual accounts payable & accrued expense increased from Dec. 2022 (€0.21 Mil) to Dec. 2023 (€0.54 Mil) and increased from Dec. 2023 (€0.54 Mil) to Dec. 2024 (€0.66 Mil).

NEO Finance AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for NEO Finance AB's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NEO Finance AB Accounts Payable & Accrued Expense Chart

NEO Finance AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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0.25

0.23

0.21

0.54

0.66

NEO Finance AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21.45	23.11	20.61	0.66	23.39

NEO Finance AB Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

NEO Finance AB Business Description

Industry

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Traded in Other Exchanges

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Address

Ukmerges Street 126, Vilnius, LTU, 03162

Website

https://www.neofinancegroup.com

NEO Finance AB is engaged in providing financial services. It owns and operates a Peer-to-peer lending platform under the brand name Paskolu Klubas that enables retail lenders to lend money directly to retail borrowers. Revenue from this business is generated in two main ways: an intermediary fee charged from borrowers on installments made and interest earned by co-investing with lenders. In addition, through Neopay (e-money), the company operates as a payment service provider in the Baltic and other regions, and through Finomark, a crowdfunding platform, it offers fundraising and investment solutions for both companies and investors, by offering loans to small and medium-sized businesses. A majority of the company's revenue is generated from its peer-to-peer lending business in Lithuania.

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