MONEYME's FY24 Results: Market Cap eclipses $100m with strong loan book performance, profit, and growth outlook

Highlights:

  • 85% increase in NPAT to $23m

  • 23% increase in originations to $574m

  • 6% increase in loan book to $1.2bn

  • 11% increase in secured assets to 55% of the loan book

  • Net credit losses reduced to 4.5% (5.8%, FY23), trending down in line with the significantly stronger credit profile of the book

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FinTech Voice, August 29, 2024