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Plenti Group Ltd. ( (AU:PLT) ) just unveiled an update.
Plenti Group Ltd. reported a record-breaking quarter with loan originations reaching $407 million, marking a 42% increase compared to the previous corresponding period. Despite challenges such as Cyclone Alfred, the company’s strong performance across all lending verticals contributed to a full-year Cash NPAT growth of 126% to $13.8 million, setting a positive outlook for continued profitability in FY26.
More about Plenti Group Ltd.
Plenti Group Ltd. operates in the financial services industry, focusing on providing loans across three main verticals: automotive, renewable energy, and personal loans. The company is listed on the Australian Securities Exchange (ASX) under the ticker PLT and is known for its innovative approach to lending solutions.
YTD Price Performance: 19.12%
Average Trading Volume: 67,642
Technical Sentiment Signal: Sell
Current Market Cap: A$143M
For a thorough assessment of PLT stock, go to TipRanks’ Stock Analysis page.