GetBucks’ revenue surges 206 percent

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Fidelity said core revenue was driven by the life assurance businesses.

GETBUCKS Microfinance Bank says its revenue was up by 206 percent to $588 million during the year ended December 31, 2021.

This was spurred by the bank’s recovery, which saw its total income increasing by 366 percent to $191million compared to a loss of $72 million in 2020.

Its headline earnings per share increased by 445 percent to a headline of 1793 cents per share compared to the headline loss per share of 5,19 cents for the comparative period.

Earnings per share increased by 367 percent to 16,5 cents per share compared to the loss per share of 6,19 cents per share for the comparative period, and net assets increased by 68 percent to $474 million compared to $282 million for the comparative period.

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