Money3 Corporation’s FY20 Results Out, Delivers Strong Loan Book Growth

Money3 Corporation Limited (ASX:MNY) disclosed its full-year results for the year ended 30 June 2020-

  • The normalised Net Profit after Tax rose by 14.2% to $32.3 million on the statutory result of the previous year, in line with earlier announced guidance.
  • Revenue reported to be A$124.0 million increased by 35.3%.
  • Gross Loan Book increased by 16.4% to $433.8 million

Moreover, the company continued lending through COVID-19 with tightened lending criteria and has ~$65 million capital available to fund growth in FY20.

On 18 August 2020, MNY stock was trading at A$1.850 down by 6.801% at AEST 12:12 PM.





Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK