Business
MoneyMe Reaches $1.75bn Loan Book, Expands Funding Platform and Product Range
SYDNEY, AU / ACCESS Newswire / March 3, 2026 / MONEYME Limited("MONEYME") announces its results for the half year ending 31 December 2025. 1H26 Results Highlights*: MONEYME's loan book increased by 26% to $1.75bn**, compared to 1H25. This growth was ...
About this update from Moneyme Ltd.
SYDNEY, AU / ACCESS Newswire / March 3, 2026 / MONEYME Limited ("MONEYME") announces its results for the half year ending 31 December 2025. 1H26 Results Highlights*: MONEYME's loan book increased by 26% to $1.75bn**, compared to 1H25. This growth was delivered with continued high credit quality, as net credit losses reduced to 2.9%. Gross revenue of $117m and net interest margin of 6.8% reflect the higher proportion of secured loans (now at 61% of the loan book). Operating cash profit of $9.9m demonstrates continued strong underlying performance. MONEYME's funding platform was significantly strengthened through a $455.4m Autopay ABS transaction and a new $300m credit card warehouse facility. Strong growth and underlying performance: Loan book of $1.75bn (up 26% vs. $1.39bn, 1H25) - driven by originations up 18% to $536m across an expanding broker, dealer and direct-to-consumer network. Gross revenue of $117m (up 17% vs. $100m, 1H25) - underpinned by a larger, higher credit quality portfolio with secured assets at 61% and closing average credit score of 799. Net interest margin (NIM) of 6.8% (down 1.0% vs. 7.8%, 1H25) - anticipated, reflecting the shift to secured lending and higher credit quality assets with more sustainable, longer-term income. Risk-adjusted NIM (RNIM) of 2.1% (up 0.3% vs. 1.9%, 1H25) - progressing toward the 3.0%-3.5% target, supported by lower cost of funds (6.6%, down 0.8% vs. 7.4%) and reduced net credit losses (2.9% vs. 3.7%). Net credit losses of 2.9% (down 0.8% vs. 3.7%, 1H25) - improving arrears and strengthened risk profile, with average credit score at 799 (Equifax "Very Good" category). Secured assets of 61% (vs. 60%, 1H25) - Autopay at $1bn (59% of book), now expanded into private car sales with strong early adoption. Operating cost-to-income of 28% (vs. 26%, 1H25) - front-loaded investment in marketing and new product capabilities, expected to trend down as the loan book scales. Normalised NPAT loss of ($4.6m) (up 23% vs. ($6.0m), 1H25) - continued progression toward positive normalised NPAT in the short to medium term as scale, operating leverage and RNIM expansion flow through. Statutory NPAT loss of ($21.9m) (improved 44% vs. ($38.8m), 1H25) - reflecting higher revenue, lower credit losses and reduced non-cash adjustments. Funding capacity of $2.9bn (up 33% vs. $2.2bn, 1H25) - expanded through ...