
MoneyMe posts loan book growth of 34% in FY26
- MoneyMe reports a record loan originations figure of $1.23 billion, lifting its total loan book past $2 billion.
- The company's statutory net loss improved by 40% to $40.1 million alongside a narrowing of its normalised net loss.
- Management stated that the performance reflects an expanding product offering and continued underlying cash generation.
Moneyme (ASX:MME) reported record originations of $1.23 billion for the financial year ended June 30, lifting its total loan book by 34% to $2.08 billion.
The digital lender expanded its portfolio while actively shifting towards secured assets, which represented 59% of the total loan book at the end of the period.
Gross revenue climbed 20% to $248.8 million compared to the previous financial year.
Net credit losses fell to an all-time low of 2.4%, down from 3.4% in the prior corresponding period.
"We demonstrated that our strategy is delivering, growing the loan book to more than $2bn while improving credit quality, strengthening margins and returning to positive normalised NPAT in the second half," said Clayton Howes, MONEYME’s Managing Director and CEO.
Following the announcement, the Moneyme share price was up at $0.082.
The company provides consumer and commercial finance products across Australia, including personal loans and credit cards.
