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An update from Money3 Corporation Limited ( (AU:SVR) ) is now available.
Solvar Limited reported strong financial performance for FY25, achieving revenue growth and expanding its loan book despite a challenging global economic environment. The company has focused on diversifying its business and enhancing its financial robustness through initiatives such as launching a commercial lending business, securing asset-backed securitization, and investing in technology to protect sensitive information. Looking ahead, Solvar anticipates continued benefits from its strategic investments and expects to resolve ongoing regulatory matters by FY27, while global economic conditions remain uncertain.
The most recent analyst rating on (AU:SVR) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Money3 Corporation Limited stock, see the AU:SVR Stock Forecast page.
More about Money3 Corporation Limited
Solvar Limited operates in the financial services industry, primarily focusing on providing financing solutions in underserved markets. The company specializes in personal lending, targeting non-conforming and near-prime sectors, and has recently expanded into commercial lending through its new business, Bennji, aimed at small and medium enterprises. Solvar is also diversifying its portfolio by acquiring a stake in Earlypay to increase its exposure to the commercial SME market.
Average Trading Volume: 273,673
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$307.7M
For a thorough assessment of SVR stock, go to TipRanks’ Stock Analysis page.