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Cash Converters International Limited ( (AU:CCV) ) has issued an announcement.
Cash Converters International Limited reported strong financial results for FY2025, driven by its strategic transformation and focus on sustainable earnings growth. The company achieved a 41% increase in statutory net profit after tax and an 8% rise in operating EBITDA. The transition away from payday and vehicle lending continues, with plans to expand its luxury store model and corporate store network in Australia and the UK. The company’s financial stability is reinforced by a strong cash position and ongoing dividend payments, positioning it well for future growth.
The most recent analyst rating on (AU:CCV) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Cash Converters International Limited stock, see the AU:CCV Stock Forecast page.
More about Cash Converters International Limited
Cash Converters International Limited operates in the financial services industry, providing a combination of digital and physical retail channels. The company focuses on retail trading and low-cost loan origination, with a unique distribution model that enhances customer engagement. It has a significant presence in Australia and the UK, with a growing network of corporate-owned stores and a focus on luxury goods.
Average Trading Volume: 752,225
Technical Sentiment Signal: Buy
Current Market Cap: A$216.5M
For a thorough assessment of CCV stock, go to TipRanks’ Stock Analysis page.