Harmoney Corp Limited (HMY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Harmony's first half 25 results presentation. I'm David Stevens, the CEO and Managing Director of Harmony. With me today is Simon Ward, our CFO. Harmony has produced a very strong profit result this half, which I'm really looking forward to sharing with you today. This result has been underpinned by the work we have done developing and launching Stellair 2.0 over the past 24 months. This has set us up to capitalise on the huge market opportunity we have in front of us particularly as interest rates and market conditions begin to improve. One aspect that I'm most looking forward to for the first time is providing current year profit guidance as well as our profit target for next financial year. Now turning to slide two. Today I'll begin with our first half 25 key highlights and our financial year 25 profit guidance and FY26 target. Then I'll remind you of Harmony's key differentiators. I'll then hand over to Simon who will take you through our financial results. Finally, I'll discuss our outlook and highlight the embedded value in our business before responding to your questions. You can submit a question on the webcast at any time during the presentation by typing it into the ask a question box and then hitting submit. We'll then endeavour to respond to your questions during the Q&A at the end. Now turning to slide three and then on to slide four. To highlight our key achievements for the first half of 25, This half we achieved a $2 million statutory net profit after tax, up from a $600,000 loss in the same period last year. This was primarily driven by our $2.3 million cash net profit after tax, which is up over 350% from the same period last year, driven by improvements across all our key metrics and our continued loan book growth. As a result,...