MoneyMe Reports Interim Loss Amid Revenue Decline

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MoneyMe Reports Interim Loss Amid Revenue Decline

MoneyMe Ltd. ( (AU:MME) ) has issued an update.

MoneyMe Limited reported a 6.9% decrease in gross revenue for the six months ended December 2024 compared to the same period in 2023, with a net loss of $38.8 million, marking a significant decline from the previous year’s profit. The company did not declare any dividends for the interim period, and notable changes in its control over certain trusts were reported, potentially impacting its financial structure and stakeholder interests.

More about MoneyMe Ltd.

MoneyMe Limited operates in the financial services industry, focusing on providing innovative credit products and financial solutions. The company is listed on the Australian Securities Exchange (ASX) under the ticker MME.

YTD Price Performance: 2.50%

Average Trading Volume: 1,274,838

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$164M

Learn more about MME stock on TipRanks’ Stock Analysis page.

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