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An update from Latitude Group Holdings Ltd. ( (AU:LFS) ) is now available.
Latitude Group Holdings Ltd reported significant profit growth in the first half of 2025, driven by increased volumes, receivables, and margins. The company achieved a statutory NPAT of $39.7 million, a 341% increase from the previous year, and a cash NPAT of $46.2 million, up 69%. Key highlights include a 12% rise in total new volumes to $4.2 billion, record-high receivables, and strategic partnerships with major brands. The company also focused on optimizing funding costs and enhancing product offerings, contributing to improved net interest margins and a strengthened balance sheet. Latitude’s positive performance positions it well for continued growth, supported by macroeconomic tailwinds, strategic investments, and a strong balance sheet.
The most recent analyst rating on (AU:LFS) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Latitude Group Holdings Ltd. stock, see the AU:LFS Stock Forecast page.
More about Latitude Group Holdings Ltd.
Latitude Group Holdings Ltd operates in the financial services industry, focusing on providing consumer finance solutions. The company offers products such as credit cards, personal loans, and auto loans, with a market focus on enhancing customer experience and expanding retail distribution through strategic partnerships.
Average Trading Volume: 150,049
Technical Sentiment Signal: Hold
Current Market Cap: A$1.18B
For an in-depth examination of LFS stock, go to TipRanks’ Overview page.