Money3 (MNY) $2.86

Money3 (MNY) -0.35%: finished the marginally down today, despite at one stage trading 5.9% better. The numbers looked good – NPAT up 27% to $19.9m with an 11% increase in the loan book and record half of cash collections. They have been acquisition hungry in the half, and secured over $300m across two warehouse facilities to help grow their loan book into the second half. Guidance was maintained at $36m though if the rapid improvements in the personal debt market continues and Money3 remain eager to acquire new books this would be light on. We like MNY looking for a breakout through the all-time highs it tested today.

chart

Money3 (MNY)

LAST UPDATED 17/02/2021 07:58

Close

chart

Money3 (MNY)

LAST UPDATED 17/02/2021 07:58