Non-bank lender MONEYME (ASX:MME) announced its financial results for the half-year ended Dec. 31, 2025, headlined by a 26% increase in its loan book to $1.75 billion.
The growth, up from $1.39 billion in the prior corresponding period, was driven by $536 million in new originations across the company’s broker, dealer, and direct-to-consumer channels.
A key theme of the half was the continued shift toward higher credit quality and secured lending.
Secured assets now comprise 61% of the total loan book, largely bolstered by the Autopay platform, which has expanded into private car sales.
The strategic pivot has resulted in a healthier risk profile, with net credit losses dropping to 2.9% (down from 3.7% in H1 FY25) and an impressive average customer credit score of 799.
The group delivered a gross revenue of $117 million, a 17% year-on-year increase.
While the net interest margin moderated to 6.8% due to the shift toward lower-risk secured assets, the risk-adjusted NIM improved to 2.1%.
Despite a statutory NPAT loss of $21.9 million—an improvement of 44%—the company posted a positive operating cash profit of $9.9 million.
At the time of reporting, MONEYME's share price was $0.10.