MoneyMe Narrows Normalized Net Loss After Tax in Fiscal Year 2026 as Gross Revenue Jumps
MoneyMe (ASX:MME) said its normalized net loss after tax narrowed to AU$4.1 million in fiscal year 2026 from AU$15.5 million in fiscal 2025 as gross revenue increased 20% year over year to AU$249 million, according to a Wednesday filing with the Australian bourse.The company's loan portfolio grew 34% year over year to hit AU$2.08 billion as of June 30, with loan originations also rising 34% annually to AU$1.23 billion in fiscal year 2026, per the filing.MoneyMe reported a net interest margin of 6.5% at the end of June, down by a full percentage point from a year earlier, alongside improvements in portfolio quality and lower credit losses.The company said its ratio of secured assets fell to 59% as of June 30 from 62% a year earlier, "reflecting the deliberate balancing of the asset mix as personal loans and credit cards scale."
