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Harmoney Corp Limited (ASX:HMY)

ALERT: Price-sensitive ASX Announcement for HMY
Current share price for HMY : $0.790 -0.14 (-15.05%)+
Announcement
Release
30 Oct 2025 9:32AM
Price at Release
$0.930
Full Release
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Summary
Harmoney Corp Limited's 1Q26 trading update reaffirms its FY26 guidance with a projected Cash NPAT of $12 million, reflecting a 111% increase from FY25. The company reported substantial growth in its loan book, which increased by 8% to $833 million, driven by a 15% rise in Australian loan originations and over 50% in New Zealand, post the implementation of Stellare® 2.0. The net interest margin expanded from 8.9% to 10.3%, with stable credit losses at 3.8%. Harmoney launched a secured vehicle loan product leveraging its Stellare® 2.0 platform, which also contributed to maintaining a cost to income ratio of 19%. The company remains well-capitalized with $35 million in cash reserves and anticipates refinancing its $22.5 million corporate debt facility by December 2025.
Key Points
  • FY26 Cash NPAT guidance reaffirmed at $12 million.
  • Loan book growth of 8% to $833 million.
  • Australian loan originations increased by 15%.
  • New Zealand loan originations increased by over 50%.
  • Net interest margin increased from 8.9% to 10.3%.
  • Credit losses stable at 3.8%.
  • Launch of secured vehicle loan product.
  • Cost to income ratio maintained at 19%.
  • Available cash reserves of $35 million.
  • Refinancing of $22.5 million corporate debt expected by December 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.