Resimac Group Limited Reports Mixed Financial Results for HY24

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Resimac Group Limited Reports Mixed Financial Results for HY24

The latest announcement is out from Resimac Group Limited ( (AU:RMC) ).

Resimac Group Limited reported a 3% increase in revenue from ordinary activities for the half-year ended December 31, 2024, compared to the previous year. However, the statutory profit after tax attributable to members fell by 33%, while total comprehensive income rose by 22%. The interim FY25 dividend was declared at 3.50 cents per share, consistent with the previous interim dividend, but the final FY24 dividend was slightly lower than the previous year’s final dividend. The company’s Dividend Reinvestment Plan remains suspended since April 2022. The net tangible assets per security increased to $1.18 from $0.94 in the previous corresponding period.

More about Resimac Group Limited

Resimac Group Limited operates in the financial services industry, focusing on providing home loan products and services. The company is listed on the Australian Securities Exchange under the ticker RMC and is known for its comprehensive financial solutions tailored to individual and corporate clients.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €212.9M

For detailed information about RMC stock, go to TipRanks’ Stock Analysis page.

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