Access Financial Services Ltd Earnings: Here Are The Numbers For Dec 2021 (Q3)

• Cash & Cash Equivalents was $365.15m vs $554.59m (-34.16%)
  
• Loans and Advances totaled $4.51b vs $4.05b (11.42%)
  Increase due to higher level of disbursements
• Operating Income of $494.56m vs $459.68m (7.59%)
  
• Net Income of $85.13m vs $66.30m (28.39%)
  Management says performance  reflects an improvement in the size and quality of the loan portfolio, resulting in higher interest income and lower credit losses as the economy recovers from the impact of COVID-19
• Cash Flow From Operating Activities totaled $15.24m vs $92.91m (-83.59%)
  

The principal activity of the Group is retail lending to the micro enterprise sector for personal and business purposes. Funding is provided by financial institutions, government entities and non-governmental organizations. The Company also operates a money services division and offers bill payment services. 

Access Financial Services Limited (the Company) is incorporated and domiciled in Jamaica and its registered office is situated at 41B Half-Way Tree Road, Kingston 5, Jamaica W.I. The Company acquired a 100% shareholding in its subsidiary, Embassy Loans Inc., on December 15, 2018.