MoneyMe Narrows Normalized Net Loss After Tax in Fiscal Year 2026 as Gross Revenue Jumps

MT Newswires Live
Jul 22

MoneyMe (ASX:MME) said its normalized net loss after tax narrowed to AU$4.1 million in fiscal year 2026 from AU$15.5 million in fiscal 2025 as gross revenue increased 20% year over year to AU$249 million, according to a Wednesday filing with the Australian bourse.

The company's loan portfolio grew 34% year over year to hit AU$2.08 billion as of June 30, with loan originations also rising 34% annually to AU$1.23 billion in fiscal year 2026, per the filing.

MoneyMe reported a net interest margin of 6.5% at the end of June, down by a full percentage point from a year earlier, alongside improvements in portfolio quality and lower credit losses.

The company said its ratio of secured assets fell to 59% as of June 30 from 62% a year earlier, "reflecting the deliberate balancing of the asset mix as personal loans and credit cards scale."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10