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Humm Group Limited (ASX:HUM)

ALERT: Price-sensitive ASX Announcement for HUM
Current share price for HUM : $0.470 -0.195 (-29.32%)+
Announcement
Release
31 Oct 2025 8:16AM
Price at Release
$0.665
Full Release
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Summary
Humm Group Limited reported a decrease in new loan origination volume by 14% compared to the prior corresponding period for the quarter ending 30 September 2025. The commercial segment faced a 13% drop due to subdued SME loan demand and increased competitive conditions, while consumer volumes fell by 15%, significantly impacted by a 61% decline in Point of Sale Australia following the launch of a new regulated loan product. Despite these challenges, the Point of Sale International segment saw growth, particularly in Ireland and the UK. The group maintained a stable net interest margin of 5.4%, but forecasted a decrease in net operating income due to lower humm loan volumes in Australia. The commercial assets under management grew by 7%, although credit losses remained elevated. Humm Group is focusing on refining its credit processes and technology platforms to improve performance.
Key Points
  • New loan origination volume decreased by 14% year-on-year.
  • Commercial volumes dropped 13% due to subdued demand and competition.
  • Consumer volumes fell 15%, with a 61% decline in Point of Sale Australia.
  • Point of Sale International showed growth in Ireland and UK.
  • Net interest margin remained steady at 5.4%.
  • Decrease expected in net operating income due to lower volumes.
  • Commercial assets under management increased by 7%.
  • Credit losses in commercial segment remain high.
  • Focus on refining credit processes and technology platforms.
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.