Australia's MoneyMe hits one-month high on upbeat quarterly update
03/05/2023 01:49
** Shares of MoneyMe Ltd MME.AX soar as much as 28% to
A$0.160, hitting their highest in almost a month
** The digital financial services firm reports more than A$7
million ($4.66 million) as statutory net profit after tax for
the third quarter
** Co posts a 75% rise in revenue for Q3; says it's ahead of
its target of achieving A$220 million in revenue for FY23
** Stock has fallen ~49% this year as of last close
($1 = 1.5011 Australian dollars)
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com;))