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Harmoney Corp Ltd ( (AU:HMY) ) has shared an announcement.
Harmoney Corp Limited reported a significant turnaround in its financial performance for the year ending June 30, 2025, with a net profit of $5.5 million compared to a loss of $13.2 million in the previous year. This improvement was driven by a 7.9% increase in revenue from ordinary activities, reaching $132.2 million. Despite the positive financial results, the company did not declare or pay any dividends for the period. The results indicate a strengthening position in the market, although the net tangible assets per ordinary share decreased from $0.21 to $0.10, suggesting potential challenges in asset valuation or capital structure.
The most recent analyst rating on (AU:HMY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.
More about Harmoney Corp Ltd
Harmoney Corp Limited operates in the financial services industry, focusing on providing personal loans and financial solutions. The company primarily serves the New Zealand and Australian markets, offering a digital lending platform that facilitates consumer finance.
Average Trading Volume: 35,479
Technical Sentiment Signal: Buy
Current Market Cap: A$67.12M
For an in-depth examination of HMY stock, go to TipRanks’ Overview page.