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An announcement from Wisr Ltd. ( (AU:WZR) ) is now available.
Wisr Ltd. has reported a significant increase in loan originations by 66% for the first half of fiscal year 2025, achieving an EBITDA of $0.8 million. This growth is attributed to strategic pricing initiatives and improved funding margins, despite a slight decrease in revenue due to a lower loan balance. The company has also managed to reduce net losses and maintain stable credit scores and arrears, reinforcing its position in the non-bank lending market.
More about Wisr Ltd.
Wisr Ltd. operates in the financial services industry, focusing on non-bank lending. The company offers secured vehicle and personal loan products, aiming to increase its market share in the non-bank lender sector.
YTD Price Performance: 50.0%
Average Trading Volume: 916,082
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$54.29M
Find detailed analytics on WZR stock on TipRanks’ Stock Analysis page.