Australia's MoneyMe gains on higher quarterly revenue

Moneyme

31/07/2025 05:32

** Shares of MoneyMe MME.AX rise as much as 12.7% to A$0.155, their highest level since July 14

** The consumer finance provider reports 4% qoq rise in qtrly revenue to A$55 mln ($35.50 mln)

** Co's loan book rises to A$1.6 bln, up 28% y/y

** Co also reports net interest margin of 8% for quarter

** YTD, stock down 29.3%, including current session's move

($1 = 1.5492 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))