MoneyMe Ltd (ASX:MME)

Half Year 2025 Moneyme Ltd Earnings Call Transcript

Feb 26, 2025 / 11:30 PM GMT

Release Date Price: A$0.215 (+4.88%)

Transcript

Key Points

Positve

MoneyMe Ltd (ASX:MME) reported a significant increase in new loan originations by 47% to $454 million, growing the loan book to $1.4 billion.
The company achieved an operating cash profit of $15 million, reflecting strong underlying business performance.
MoneyMe Ltd (ASX:MME) increased its funding capacity to $2.2 billion, positioning the company for future growth.
The strategic shift to secured lending and higher credit quality has resulted in stable, longer-term income and lower credit losses.
The company's proprietary AI enhancements have improved customer service efficiency, significantly reducing response times and improving service quality.

Negative

MoneyMe Ltd (ASX:MME) reported a statutory net loss after tax of $39 million, reflecting loan book growth and provisions for future credit losses.
The cost to income ratio increased to 26%, up from 22% in the second half of FY24, due to the lower income yield of a higher credit quality book.
The net interest margin decreased to 7.6%, impacted by the shift towards lower-risk, lower-yield secured assets.
Despite improvements, the company still faces challenges with credit losses and arrears, although these are trending downward.
The company's focus on high credit quality borrowers and secured assets has resulted in a reduction in net interest margin, impacting short-term profitability.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MME.AX - Moneyme Ltd
Half Year 2025 Moneyme Ltd Earnings Call
Feb 26, 2025 / 11:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning.

Thank you for joining. I would like to begin by acknowledging the traditional custodians of country throughout Australia and their connections to land, sea, and community. We pay our respect to their elders, past and present, and extend that respect to all Aboriginal and Torres Strait Islander peoples here today.

Welcome to the presentation of Money Me Limited's interim results for the first half of financial year 2025. I'm Clayton Howes, managing director and Chief Executive Officer. And joining me on the call today is David Wright, our Chief Financial Officer. We're both very pleased to be presenting to you today and look forward to taking any questions you may have at the end of our presentation.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.