MNY 0.00% $3.15 money3 corporation limited

Solid result. A summary of the results are as follows: • 40.0%...

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  1. 333 Posts.
    lightbulb Created with Sketch. 17
    Solid result.
    A summary of the results are as follows:
    40.0% increase in Revenue to $96.7m
    44.7% increase in EBITDA to $35.3m
    44.4% increase in NPAT to $20.1m
    27.1% increase in Gross Loans Receivable to $198.8m


    With the recent securing of debt, we are well funded to build on the existing growth momentum the business is experiencing and we look forward to an exciting financial year 2017."

    Good idea to cut the dividend, and accelerate the growth profile. I love the outlook statement. No hype, no fuss ... just telling us what to expect in a just a few words.....

    Outlook
    Money3 continues to experience strong growth momentum and expects to achieve NPAT of $26m for FY17.

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Currently unlisted public company.

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