MME 2.53% 7.7¢ moneyme limited

Things are looking up for MoneyMe (MME), which recorded strong...

  1. 7,555 Posts.
    lightbulb Created with Sketch. 1042
    • Things are looking up for MoneyMe (MME), which recorded strong lending growth over FY21’s first quarter
    • The lender saw its loans rise sharply in September, resulting in a 30 per cent increase on the previous month’s originations
    • More broadly, the financial stock’s loans grew by 39 per cent compared to FY20’s final quarter
    • MME also posted a record $12 million in revenue in FY21’s opening quarter — an 18 per cent increase on the previous corresponding period (PCP)
    • The business has also increased its credit limit to $20,000, thanks to a new $167 million warehouse funding facility set up by Westpac (WBC)
    • On the back of today’s update, MME shares tacked on just under 3 per cent to trade for $1.39 at market close

    Read the full article here The Market Herald here.
 
watchlist Created with Sketch. Add MME (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
-0.002(2.53%)
Mkt cap ! $61.60M
Open High Low Value Volume
8.0¢ 8.0¢ 7.7¢ $18.46K 237.1K

Buyers (Bids)

No. Vol. Price($)
1 56308 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 240000 3
View Market Depth
Last trade - 15.58pm 28/03/2024 (20 minute delay) ?
Last
7.9¢
  Change
-0.002 ( 0.00 %)
Open High Low Volume
8.2¢ 8.2¢ 7.8¢ 33664
Last updated 12.51pm 28/03/2024 ?
MME (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.