Australia's MoneyME jumps most in 11 wks on robust 1Q23 revenue

Moneyme

11/10/2022 03:59

** Shares of digital financial services firm MoneyME
 MME.AX  jump as much as 17.8% to A$0.430, on track for their
biggest pct jump since July 25 
    ** Co posts quarterly gross revenue of A$57 million ($35.70
million) for the three months ended Sept. 2022, up about 148%
year-on-year 
    ** MME reports gross customer receivables of A$1.3 billion
for the quarter, up 183% over last year
    ** Shares hit their highest levels since Sept. 19 
    ** Stock down 83.5% this year, as of last close, as compared
with a 10.4% decrease in the benchmark S&P/ASX 200 index  .AXJO 
($1 = 1.5967 Australian dollars)
 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))