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The latest update is out from Plenti Group Ltd. ( (AU:PLT) ).
Plenti Group Ltd. reported a significant financial performance for the fiscal year ending March 31, 2025, with a 126% increase in Cash NPAT to $13.8 million and a 23% rise in revenue to $259 million. The company achieved growth across its loan portfolio, reaching $2.5 billion, and implemented strategic initiatives such as launching a car loan with NAB and a loan subvention program with Tesla. The company also secured $60 million in renewable energy funding and completed a successful CEO transition, positioning itself for disciplined, profitable growth in its core lending verticals.
The most recent analyst rating on (AU:PLT) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Plenti Group Ltd. stock, see the AU:PLT Stock Forecast page.
More about Plenti Group Ltd.
Plenti Group Ltd. operates in the financial services industry, focusing on non-bank lending. The company offers a range of lending products, including automotive, renewable energy, and personal loans. Plenti leverages a technology-driven approach to enhance its credit approval processes and integrate with key partners, aiming to provide efficient and effective lending solutions.
Average Trading Volume: 55,109
Technical Sentiment Signal: Buy
Current Market Cap: A$150M
For detailed information about PLT stock, go to TipRanks’ Stock Analysis page.
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