Money3 Corporation Limited (AU:SVR) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Solvar Limited, a finance provider in underserviced markets, reported a robust financial performance for FY24 with a Normalised NPAT of $29.0m and an 11.2% growth in its Australian loan book. The company has announced a strategic shift by ceasing new lending in New Zealand to focus on establishing a Commercial Business unit in Australia. Solvar also emphasized its philanthropic efforts and commitment to sustainability, setting a positive tone for FY25.
For further insights into AU:SVR stock, check out TipRanks’ Stock Analysis page.