Aussie business lender Judo Capital hits over 3-year high on strong profit growth

Newpoint Financial

17/02/2025 23:47

** Shares of Australian business lender Judo Capital
 JDO.AX  rise 7.5% to A$2.08, their highest level since February
7, 2022
    ** JDO among top gainers in the ASX200 benchmark index
 .AXJO 
    ** JDO marks its fourth consecutive session of gains, best
intraday jump since August 20, 2024
    ** Reports 1H25 underlying pre-tax profit of A$56.7 million
($36.00 million), up 33% from last year
    ** Reiterates FY25 guidance of 15% growth in pre-tax profit
    ** JDO stock up 15.4% this year, including the day's move


($1 = 1.5748 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))