Moneyme Ltd. · ASX:MME
Moneyme — H1 2025 Earnings Presentation
35 slides from Moneyme's earnings presentation, Feb 27, 2025
Slide 1: 1H25 Results Investor Presentation
1H25 Results Investor presentation 27 February 2025 moneyme.com.au Copyright 2025 | MoneyMe Limited | ACN 636 747 414 Internal Use
Slide 2: MONEYME is a digital consumer lender and Certified B Corporation
MONEYME is a digital consumer lender and Certified B Corporation A non-bank challenger We challenge outdated lending practices with smart technology and innovative car loans, personal loans and credit cards. Digital, yet personal We simplify the borrowing experience with digital-first products that
Slide 3: Scaling up with industry-first innovation
Scaling up with industry-first innovation 2024 • Acquired SocietyOne, • B Corp Certification, Mar 2022 Aug 2023 2023 • IPO on ASX, Dec 2019 • $1.3bn loan book • $1.2bn loan book • Institutional warehouse • 1st ABS deal • $23m statutory NPAT • Launched Personal funding Loans 2022 • $134m loan book •
Slide 4: 1H25 highlights
03 1H25 highlights 06 Operational highlights 12 Financial highlights 19 Strategy & outlook 26 Additional information Page 3 | MONEYME (ASX:MME) Internal Use
Slide 5: Strong growth and operating cash profit
Strong growth and operating cash profit Closing loan book Operating cash profit1 $1.4bn $1.4bn $15m $15m $15m operating cash profit, reflecting strong underlying performance of the core business activities $1.2bn $1.2bn ↑13% ↑336% 2H24 to 1H25 2H24 to 1H25 ($2m) ($7m) 1H24 2H24 1H25 1H24 2H24 1H25 R
Slide 6: 1H25 highlights
1H25 highlights Gross revenue Net interest margin Cost of funds • Revenue and NIM reflect increased contribution from secured assets $100m 8% 7.4% • and shift to higher credit quality customers. The improved loan book profile is delivering reduced credit losses. $108m $107m $100m 10% 10% ↓7% 8% ↓2%
Slide 7: Operational highlights
03 1H25 highlights 06 Operational highlights 12 Financial highlights 19 Strategy & outlook 26 Additional information Page 6 | MONEYME (ASX:MME) Internal Use
Slide 8: Creating advantages through automation and AI
Creating advantages through automation and AI During 1H25, MONEYME’s proprietary artificial intelligence, AIDEN, was enhanced with Generative AI to automate aspects of customer communications. Faster customer communications AIDEN generates customer responses in 5 seconds, on average. Highly personal
Slide 9: Saving time through innovation
Saving time through innovation MONEYME’s products are designed to save our customers' and partners’ most valuable resource – time. By focusing on speed and efficiency, we deliver premium experiences that drive loyalty and advocacy Loans and credit cards typically approved within NET PROMOTER Intuiti
Slide 10: Game-changing innovation in the auto sector
Game-changing innovation in the auto sector: secured vehicle variable rate finance up to $150,000 that settles within 60 minutes, 7 days a week $38,346 AVERAGE CAR FINANCED1 1H25 AUTOPAY LOAN BOOK % OF TOTAL PORTFOLIO ($38,040, FY24) Autopay Freestyle $778m ↑25% ($622m, FY24) FY21 FY22 FY23 FY24 1H2
Slide 11: Unsecured and secured personal loans; Digital credit cards for everyday spending
Unsecured and secured personal loans; Digital credit cards for everyday spending 1H25 PL + FREESTYLE LOAN BOOK1 PRODUCT HIGHLIGHTS $598m ↑1% ($595m, FY24) FY21 FY22 FY23 FY24 1H25 • Personal loan broker distribution network has increased by ~40% from 1,600+ brokers in FY24 to 2,300+ in 1H25 • The av
Slide 12: Well diversified portfolio with an uplift in customer credit profiles
Well diversified portfolio with an uplift in customer credit profiles Average portfolio customer age of 401 Continually increasing credit profile 60% of loan book are secured assets 40 90% Average Total Portfolio customer age Personal Loan 80% Freestyle Autopay 778 763 70% 727 60% 60% 55% 704 Probab
Slide 13: Financial highlights
03 1H25 highlights 06 Operational highlights 12 Financial highlights 19 Strategy & outlook 26 Additional information Page 12 | MONEYME (ASX:MME) Internal Use
Slide 14: Operating cash profit
PROFIT Operating cash profit Revenue to operating cash profit $ million 1H25 Statutory gross revenue 100.1 $109m ↑336% Up from 2H24 operating cash profit Additional cash revenue 8.4 Cash gross revenue 108.5 $56m Cash interest expense (55.7) Cash operating expenses (24.7) Net cash losses (12.7) Opera
Slide 15: Return to growth and non-cash accounting adjustments
STATUTORY NPAT Return to growth and Operating cash profit Statutory NPAT non-cash accounting $ million 1H25 Gross loan book adjustments Cash gross revenue 108.5 Statutory NPAT $1.4bn Cash interest expense (55.7) $1.5bn $1.2bn $1.2bn • Statutory net loss after tax of $39m in 1H25 Cash operating expen
Slide 16: Achieving scale with Autopay
LOAN BOOK GROWTH Achieving scale with Gross loan book Loan originations Autopay ↑13% ↑47% 2H24 to 1H25 2H24 to 1H25 • New loan originations increased by 47% to $454m, growing the loan book to $1.4bn. $454m $285m $308m • A significant proportion of this growth was driven by the Autopay product, with
Slide 17: Increased secured lending with longer-term income
REVENUE AND NET INTEREST MARGIN Increased secured lending Gross revenue & Net interest margin Significantly stronger book profile with longer-term income Net interest margin % Average credit score Secured assets on book % Gross revenue • The net interest margin (NIM) change is driven by the 778 60%
Slide 18: Lower credit losses and arrears rates
CREDIT PERFORMANCE Lower credit losses and Net credit losses ECL provision as % of loan book arrears rates ↓0.8% ↓0.4% 2H24 to 1H25 2H24 to 1H25 • Delivering on our strategy, net credit losses reduced 5.8% to 3.7% in line with higher credit quality across all 4.6% 4.5% 4.7% 4.3% 3.7% products and th
Slide 19: Funding program drives capital-efficient growth
FUNDING AND LIQUIDITY Funding program drives 1H25 funding mix % Loan book capacity capital-efficient growth …enable scale beyond MONEYME's diversified funding program includes eight $3bn1 structures with capacity of $2.2bn. Available funding capacity 1H25 funding highlights include: $2.2bn Positive
Slide 20: Strategy & outlook
03 1H25 highlights 06 Operational highlights 12 Financial highlights 19 Strategy & outlook 26 Additional information Page 19 | MONEYME (ASX:MME) Internal Use
Slide 21: Established growth platform
Established growth platform MONEYME’s State of the art position Robust loan book Large funding facilities technology platform Operating environment Shifting priorities of Falling interest rates in Access to global capital banks creating opportunities the Australian market markets • Shifting prioriti
Slide 22: Funding and liquidity
Funding and liquidity Positive operating cash profit, ample funding capacity and unused corporate working capital to scale to $3bn+ loan book $97m $2.2bn $11.5m Cash and cash equivalents Available funding capacity Annualised funding cost savings from 2H25 Positive operating cash profit while Funding
Slide 23: Our strategy and key areas of focus
Our strategy and key areas of focus Extending technology Focusing on high Lowering our funding Product innovation Modelling strong leadership credit quality and costs and expansion ESG practices secured assets Aim to further our technology Continue to prioritise: • Continue to expand and • Autopay r
Slide 24: Medium term targets
Medium term targets Medium term 1H25 results Key strategies for the medium term targets Growth in secured assets, leveraging the success of Autopay, alongside a new Secured assets on book 60% 55% - 60% credit card product and growth in personal loans Revenue 16% Balancing the product mix to maintain
Slide 25: Questions & Answers
Questions & Answers Internal Use
Slide 26: Thank you!
Thank you! On behalf of all at MONEYME Internal Use
Slide 27: Additional information
03 1H25 highlights 06 Operational highlights 12 Financial highlights 19 Strategy & outlook 26 Additional information Page 26 | MONEYME (ASX:MME) Internal Use
Slide 28: Key operating measures
Key operating measures FY22 FY23 FY24 Definition1 1H24 2H24 1H25 Returns (50) 12 23 Statutory NPAT ($m) Per Financial Report 6 17 (39) N/A2 N/A2 (8) Operating cash profit ($m) 1 (2) (7) 15 143 239 214 Gross revenue ($m) Per Financial Report 108 107 100 12% 12% 10% Net interest margin (%) 2 10% 10% 8
Slide 29: Measure definitions
Measure definitions Note Measure Definition Operating cash profit / (loss) represents the net impact of the cash inflows and outflows resulting from MONEYME’s core business activities. This does not 1 Operating cash profit / (loss) ($m) include cash movements related to the principal repayments rece
Slide 30: Income statement
Income statement FY22 FY23 FY24 $ million 1H24 2H24 1H25 128 230 207 Interest income 104 103 96 15 9 7 Other income 4 3 4 143 239 214 Gross revenue 108 106 100 (2) (6) (10) Commission expense (5) (5) (8) 141 233 204 Net revenue 103 101 92 (38) (90) (98) Interest expense (50) (48) (53) - - - Loss on
Slide 31: Balance sheet
Balance sheet FY22 FY23 FY24 $ million 1H24 2H24 1H25 81 92 74 Cash and cash equivalents 72 74 97 1,264 1,074 1,162 Net loan receivables 1,084 1,162 1,318 0 - - Current tax asset - - - 10 8 3 Derivative financial instruments 3 3 1 10 14 19 Other receivables 15 19 18 3 3 14 Deferred tax asset 3 14 14
Slide 32: Cash flow statement
Cash flow statement FY22 FY23 FY24 $ million 1H24 2H24 1H25 (709) 118 (105) Net loan receivable inflows / (outflows) (16) (89) (211) 116 204 183 Income from customers 92 91 100 (29) (83) (83) Borrowings interest and fees paid (38) (44) (48) 14 31 20 Income from delinquent asset sales and recoveries
Slide 33: MONEYME's core products
MONEYME’s core products1 Autopay Personal Loans Freestyle Offer range $10,000 - $150,000 $5,000 - $70,000 Credit limit $1,000 - $10,000 Offer term 3 - 7 years 3 - 7 years Repayment over 2 - 5 years Interest-free period N/A N/A Up to 55 days interest-free on online and in-store purchases using Freest
Slide 34: Important notices & disclaimers
Important notices & disclaimers The information contained in this presentation has been prepared by MONEYME Limited (MONEYME or Company). and maintenance. A number of the Company’s products and possible future products contain or will contain open source software, and the company may license some of
Slide 35: moneyme.com.au
moneyme.com.au Copyright 2025 | MoneyMe Limited | ACN 636 747 414 Internal Use