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Humm Group Limited ( (AU:HUM) ) just unveiled an update.
Humm Group Limited reported a refined cash profit of $52.9 million for FY25, reflecting a strategic focus on cost reduction and profitable growth. The company experienced a 10% increase in assets under management, reaching $5.5 billion, and maintained a stable net interest margin. Despite challenges in the SME market, the commercial segment delivered stable profits, while the consumer business underwent transformational investments to enhance customer experience and profitability. The transition to a new regulated loan product in response to BNPL regulations impacted volumes, leading to a software impairment. The company declared a fully franked final dividend, providing a 4.8% return to shareholders.
The most recent analyst rating on (AU:HUM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Humm Group Limited stock, see the AU:HUM Stock Forecast page.
More about Humm Group Limited
Humm Group Limited operates in the financial services industry, focusing on providing consumer finance and commercial finance solutions. The company offers products such as point-of-sale payment plans, cards, and loans, with a market focus on both consumer and commercial sectors across various regions including Australia, New Zealand, and the UK.
Average Trading Volume: 1,416,927
Technical Sentiment Signal: Buy
Current Market Cap: A$310.2M
Find detailed analytics on HUM stock on TipRanks’ Stock Analysis page.