There was a recent discussion on the profitability of investments on Bondora; thus, we have decided to provide a detailed breakdown of the interest amounts paid out to Investors across all our markets. The information is covering the period since the inception of the company to September 24, 2015, and includes a) loan origination amount, b) interest paid out to investors to date; c) overdue principal repayment amount (principal repayment that was supposed to be paid out to date, but was not), and d) gross profit made by Investors (which is the difference between the interest paid out and the overdue principal).

The numbers in the tables below should allow investors calculating a non-forward looking profitability as of September 24, 2015. Non-forward looking means that the data does not include a) upcoming interest payments for the duration of the loans; and b) upcoming principal repayments that might not be collected. The non-forward looking principle is used in calculating XIRR (thus, only the actual payments to date are accounted for), which is the most widely used return measure for credit investments.

All Markets

RatingIssued Amount,€Interest
Paid Out,€
Overdue Principal REPAYMENTS,€Gross Profit,€
AA490,75083,4582,35181,107
A1,929,035371,13710,264360,872
B4,688,943839,46760,997778,469
C7,489,6471,373,84578,0011,295,844
D8,190,48414,03,478147,6331,255,844
E5,744,778817,636148,558669,077
F3,878,011661,298143,532517,766
HR9,939,2521,734,014867,839866,175
Unrated1,747,391472,606164,429308,176
TOTAL44,098,2917,756,9391,623,6046,133,330

Estonia

RatingIssued Amount,€Interest
Paid Out,€
Overdue Principal REPAYMENTS,€Gross Profit,€
AA490,75083,4582,35181,107
A1,929,035371,13710,264360,872
B3,675,550710,84948,362662,486
C5,780,2741,173,44950,5481,122,901
D4,240,723992,97180,901912,069
E1,732,710363,80647,499316,307
F1,748,155389,47275,340314,132
HR3,110,040784,996177,368607,628
Unrated1,705,191466,880160,881305,998
TOTAL24,412,4285,337,018653,5144,683,500

Finland

RatingIssued Amount,€Interest
Paid Out,€
Overdue Principal REPAYMENTS,€Gross Profit,€
B974,793127,02011,480115,539
C1,597,933195,08323,513171,569
D3,692,356397,13554,273342,862
E2,465,850310,53049,853260,676
F1,019,842145,36022,253123,107
HR1,996,165310,610184,832125,777
Unrated41,2005,5923,5482,043
TOTAL11,788,1391,491,330349,7521,141,573

Spain

RatingIssued Amount,€Interest
Paid Out,€
Overdue Principal REPAYMENTS,€Gross Profit,€
B38,6001,5971,154443
C111,4405,3123,9391,372
D234,89011,0859,8451,240
E1,500,958138,43347,32791,105
F927,201103,82230,01273,810
HR4,328,393594,082444,078150,004
Unrated1,0001330133
TOTAL7,142,482854,464536,355318,107

Slovakia

RatingIssued Amount,€Interest
Paid Out,€
Overdue Principal REPAYMENTS,€Gross Profit,€
D22,5152,2862,613-327
E45,2604,8653,877987
F182,81322,64215,9266,716
HR504,65444,32461,560-17,235
TOTAL755,24274,11783,976-9,859

40 responses to “Gross profits earned by Investors on Bondora”

  1. Is it possible to see statistics excluding last 3 month (or better is excluding all records where first_payment_day+90<TODAY)

  2. There are many methods by which you can calculate practically anything… You can even suggest your own calculation method to be presented the way you wish…

    However after months of looking at skewed stats on Bondora page I’ve turned to my own simple calculation:

    21.9.2015

    Interest paid out (€) 8 846 889
    60+ days overdue loans value (€) 7 994 673

    So average investor now sees only about few percent of received interest in surplus than lost principal due to defaults. Once Interest paid out will be lower than 60+ overdue loans value, there will be loss in average investor’s account.

    Once I’ve started to track this value in forum, suddenly Bondora presents its own way to calculate this (which is not suprise, I’m OK with that). But together with it they REMOVED stats we based our calculation on…

    And now don’t tell me I’m manipulating or hiding something… Yes there are many ways to do this mathematics, I’m not arguing this… but what is strange when someone tries to hide or bend numbers.

    Before:
    https://web.archive.org/web/20140806013414/https://www.bondora.com/en/invest/statistics/loans

    Now:
    https://www.bondora.com/en/invest/statistics

    No sign of Interest paid out…
    Yes it was dangerous stats and it needed to be removed…

  3. Just like everyone who posted before, I have to say these numbers are so misleading that when posted by a company on their official blog, it can only mean they are ill intended.

    It is obvious to everyone that for most investors, the majority of their loans are less than one year old, given the huge increase in loans volume in the last year. Therefore the defaults are mostly recent and have little effect on the returns calculation above.

    If they truly thought that the the profitability of Bondora is not an issue, or in other words, that the default rate is not a problem, they would not have shifted the costs of the recovery process to the investor.

    I cannot express how disappointed I am that Bondora has so little regard for the investors.