Australia's MoneyMe jumps on Q4 revenue rise

Moneyme

25/07/2022 02:36

** Shares of Australian digital consumer credit firm MoneyMe
 MME.AX  rise 18.4% to A$0.81
    ** Co says Q4 gross revenue rose nearly three-folds to A$55
mln ($37.88 mln) 
    ** Adds it expects to deliver in excess of A$200 mln in
revenue for FY23
    ** Result was supported by synergies from acquisition of
SocietyOne ahead of plan - CEO Clayton Howes  
    ** Shares on track for best day since July 1, if gains hold
    ** MME, however, has fallen ~64% this year    
($1 = 1.4518 Australian dollars)

 (Reporting by Indranil Sarkar in Bengaluru)
 ((Indranil.Sarkar@thomsonreuters.com;))