WZR +11.36%: the lender released impressive loan origination numbers earlier in the month and backed it up today announcing revenue growth of 275% in the March quarter. The boost in revenue highlights the increasing use of their financial wellness app to drive new loans rather than customers being brought on through the use of brokers. The business is performing well, and with new products coming on line they are scaling up nicely.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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JB Hi-Fi (JBH) historical PE multiple – source Bloomberg
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MM is very bullish WZR
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