MONEYME loan book reaches $1.5bn, originations up 65% on pcp
Digital lender MONEYME (ASX: MME) has released its 3Q25 trading update, showcasing continued strong growth and credit performance while maintaining operating cash profit.
Key highlights include:
Loan book reached $1.5bn, up 27% on prior comparable period (pcp) and up 6% on prior quarter
Strong quarterly originations of $227m, up 65% on pcp
Revenue increased to $53m, in line with pcp and up 6% on prior quarter
Net credit losses remained steady at 3.7%, down from 4.8% in pcp
Secured assets increased to 61% of the loan book
Average customer credit score rose to 784, reflecting higher quality borrower base
Operating cash profit tracking toward circa $20m for FY25
MME Horizon 2018 Warehouse Trust refinanced and upscaled from $85m to $130m
MONEYME's strategic focus on secured lending and higher credit quality customers continues to deliver strong revenue and credit performance.. The company has also strengthened its competitive position through expanded use of generative AI across operations, enhancing customer communications and service team performance.
MONEYME's CEO & MD Clayton Howes is available to discuss the 3Q25 trading update, including how the company is navigating the current market environment, the impact of the recent RBA cash rate cut, and MONEYME's technology innovations and product strategy.
