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Cash Converters International Limited ( (AU:CCV) ) has issued an announcement.
Cash Converters International Limited announced strong financial performance for FY2025, with an 8% increase in Operating EBITDA to $74.5 million and a 20% rise in Operating Net Profit After Tax to $25.1 million. The company has been expanding its store network, acquiring 20 stores in the UK and Australia, and plans further growth through a capital raise and acquisition of a 29-store network in Australia. The company’s strategy includes focusing on high-value inventory and reshaping its loan offerings by exiting payday and auto lending, which has resulted in a 15% reduction in the overall loan book.
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 is a leading consumer lender and second-hand goods retailer operating globally, with key markets in Australia, New Zealand, and the United Kingdom. The company focuses on acquiring franchise stores and transforming its loan book towards longer-term, lower-cost lending solutions while expanding its retail presence in repurposed luxury goods. It is committed to sustainability and plays a significant role as a non-bank lender supporting borrowers and facilitating the circular economy.
Average Trading Volume: 1,002,278
Technical Sentiment Signal: Buy
Current Market Cap: A$203.7M
For a thorough assessment of CCV stock, go to TipRanks’ Stock Analysis page.