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MoneyMe Limited (ASX:MME)

ALERT: Price-sensitive ASX Announcement for MME
Current share price for MME : $0.081 -0.024 (-22.86%)+
Announcement
Release
19 Feb 2026 8:47AM
Price at Release
$0.105
Full Release
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Summary
MoneyMe Limited has announced its financial results for the first half of 2026, showing significant progress in their loan book and financial standing. The loan book grew by 26% to reach $1.75 billion, supported by strong credit quality and reduced net credit losses, which dropped to 2.9%. The company achieved a gross revenue of $117 million and a net interest margin of 6.8%, reflecting a higher portion of secured loans. MoneyMe's operating cash profit was $9.9 million, and the funding platform was notably strengthened through transactions such as a $455.4 million Autopay ABS deal and a new $300 million credit card warehouse facility. The company's strategy includes expanding in product innovation and improving customer experience through enhanced AI capabilities.
Key Points
  • Loan book increased by 26% to $1.75 billion.
  • Net credit losses reduced to 2.9%.
  • Gross revenue reached $117 million.
  • Net interest margin was 6.8%.
  • Operating cash profit of $9.9 million.
  • Funding capacity increased to $2.9 billion.
  • Completion of $455.4 million Autopay ABS transaction.
  • New $300 million credit card warehouse facility established.
  • Focus on AI development and product innovation.
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.