Top Page
ASA International Group PLC
(LSE:ASAI)
ASA International Group PLC (ASAI) vs. iShares MSCI United Kingdom ETF (EWC)
ASA International Group PLC Business Overview & Revenue Model
ASA International Group PLC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -12.29B | 230.29M | 183.99M | 186.77M | 197.01M | 112.61M |
| Gross Profit | -12.33B | 186.84M | 146.24M | 146.45M | 154.57M | 112.61M |
| EBITDA | 718.92M | 0.00 | 37.66M | 52.05M | 32.09M | 0.00 |
| Net Income | -1.14B | 29.25M | 9.21M | 17.89M | 8.79M | -720.00K |
Balance Sheet | ||||||
| Total Assets | 672.23M | 568.50M | 490.03M | 489.75M | 562.55M | 579.26M |
| Cash, Cash Equivalents and Short-Term Investments | 62.61M | 79.82M | 2.15B | 68.97M | 111.48M | 124.72M |
| Total Debt | 258.87M | 324.77M | 276.68M | 264.39M | 322.13M | 345.81M |
| Total Liabilities | 536.07M | 472.01M | 413.42M | 400.09M | 459.11M | 472.19M |
| Stockholders Equity | 138.46M | 98.47M | 77.93M | 89.81M | 103.58M | 104.79M |
Cash Flow | ||||||
| Free Cash Flow | -9.92M | -29.68M | -24.17M | 36.95M | 10.35M | -9.14M |
| Operating Cash Flow | 1.80M | -23.54M | -16.67M | 43.12M | 12.52M | -8.16M |
| Investing Cash Flow | -3.50M | -6.07M | -7.50M | -5.83M | -2.19M | -950.00K |
| Financing Cash Flow | 11.24M | 34.91M | 27.56M | -29.72M | -12.41M | 15.84M |
ASA International Group PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £12.81M | 4.18 | 15.17% | 3.33% | 8.91% | 94.32% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £519.68M | 7.22 | 14.70% | 4.39% | -7.52% | 50.23% | |
56 Neutral | £194.50M | 5.93 | 39.40% | 4.74% | ― | ― | |
49 Neutral | £291.68M | -3.77 | -16.30% | ― | -3.77% | -147.20% |
ASA International Group PLC Corporate Events
ASA International Group plc has reported the outcome of its 2025 Annual General Meeting, noting broad shareholder backing for all resolutions but highlighting that Resolution 18, a Rule 9 waiver, received just under 80% approval, triggering enhanced engagement under UK corporate governance rules. In response, the company has launched a consultation with its largest independent shareholders to explain the purpose and rationale of the waiver, plans follow‑up meetings in early 2026, and will incorporate feedback into preparations for its next AGM and its 2025 Annual Report, signalling an effort to address investor concerns and strengthen governance practices.
ASA International Group plc has appointed Mark Schwartz as a Non-Executive Director on its Board, leveraging his extensive expertise in finance, healthcare, consumer products, and board governance. With this strategic move, the company strengthens its leadership, signaling a commitment to enhancing governance and building on its role as a leading microfinance institution serving financially underserved populations.
ASA International Group plc has announced a positive outlook for the full year 2025, driven by strong client demand and loan portfolio growth. The company expects its net profit for 2025 to significantly exceed the current consensus of USD 48.3 million, indicating robust business and financial performance.
ASA International Group plc announced that Hanny Kemna, an Independent Non-Executive Director, has purchased 80,000 ordinary shares at a price of GBP 1.4975 per share, totaling GBP 119,800. This transaction reflects confidence in the company’s operations and could positively impact its market perception, reinforcing its commitment to financial inclusion and socioeconomic progress.
ASA International Group plc has appointed Geert Embrechts as the new Chief Financial Officer, effective from February 2026. With 30 years of experience at Rabobank, Embrechts brings extensive expertise in finance and international operations, particularly in emerging markets, which is expected to support ASA International’s strategy for long-term sustainable growth. The appointment is seen as a strategic move to enhance the company’s growth, resilience, and sustainable impact, with Embrechts expected to contribute significantly to the company’s leadership team.
ASA International Group plc has announced the appointment of Geert Embrechts as the new Chief Financial Officer, effective from February 1, 2026. With extensive experience from Rabobank, Embrechts is expected to play a crucial role in executing ASA International’s strategy for long-term sustainable growth. His expertise in international finance and emerging markets will be instrumental in driving the company’s growth and efficiency, while also maintaining high standards of corporate governance. Tanwir Rahman, the current CFO, will transition to the role of Finance Director, remaining in the Dhaka office.
ASA International Group plc announced the purchase of ordinary shares by its CEO, Rob Keijsers, and Chief Legal Officer, Martijn Bollen. This move signifies a strong vote of confidence in the company’s future prospects by its top executives, potentially impacting stakeholder perceptions positively and reinforcing the company’s commitment to its growth strategy.
ASA International Group PLC announced the grant of options over 277,676 ordinary shares to its Executive Directors and Persons Discharging Managerial Responsibilities under its Long-Term Incentive Plan. This initiative aims to motivate and retain senior management while aligning their interests with shareholders to promote long-term value creation. The vesting of these options is contingent upon achieving specific growth targets in the company’s book value per share over a three-year period, with a sliding scale determining the percentage of options that will vest.
ASA International Group plc announced that its CEO, Rob Keijsers, has purchased 6,620 ordinary shares of the company on 23 October 2025. This transaction, conducted on the London Stock Exchange, underscores the CEO’s confidence in the company’s future and may positively influence stakeholder perceptions.
ASA International Group PLC reported strong operational performance in Q3 2025, with a significant increase in its client base and loan portfolio. The company added over 100,000 clients, bringing the total to 2.7 million, and saw a 3% rise in its Gross Outstanding Loan Portfolio (OLP) to USD 555.3 million. This growth was driven by key markets such as Pakistan, Tanzania, Uganda, Myanmar, and Nigeria, despite challenges in Ghana due to currency depreciation. The successful digital transformation in Ghana, including the migration to a new core banking system and the launch of digital financial services apps, marks a major milestone for the company, enhancing operational efficiency and client service. The ongoing discussions for the sale of ASA India are expected to conclude in 2026, indicating strategic adjustments in the company’s market focus.