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MoneyMe Limited (ASX:MME)

ALERT: Price-sensitive ASX Announcement for MME
Current share price for MME : $0.082 -0.043 (-34.40%)+
Announcement
Release
29 Jan 2026 9:32AM
Price at Release
$0.125
Full Release
download
Summary
MoneyMe Limited reported significant financial growth in the second quarter of the 2026 financial year with revenue reaching $60 million and a robust loan book value of $1.75 billion. Key achievements include a 26% year-over-year increase in the loan book and a 19% increase in gross revenue compared to the same period last year. The company enhanced its credit performance, reflected by a decrease in net credit losses and improved risk-adjusted net interest margins. MoneyMe also strengthened its funding capabilities through a $455.4 million Autopay asset-backed securities transaction and a new $300 million credit card warehouse facility, both aimed at supporting product development and market expansion. These strategic moves, along with partnerships and technological advancements, are expected to sustain the company's growth trajectory and profitability.
Key Points
  • Revenue grew to $60 million in 2Q26.
  • Loan book reached $1.75 billion, increasing by 26% year-over-year.
  • Net credit losses improved to 2.9%, showing better credit performance.
  • Secured loans constituted 61% of the total loan book.
  • Completed a $455.4 million Autopay ABS transaction for increased funding.
  • Established a $300 million credit card warehouse facility.
  • Partnership with Luxury Escapes for branded credit cards.
  • Advanced integration with Episode 6 for enhanced card processing.
  • Pilot testing of a new credit card product is underway.
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.