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Wisr Ltd. ( (AU:WZR) ) has shared an announcement.
Wisr Ltd. announced a robust 77% increase in loan originations, reaching $93.5 million in the second quarter of FY25, marking a significant return to loan book growth. This surge is primarily driven by a substantial rise in secured vehicle loans, which also contributed to enhanced portfolio margins and a reduction in net losses. The company’s strong performance underscores its strategic focus on growth and improving credit quality, positioning it favorably within the financial services sector.
More about Wisr Ltd.
Wisr Ltd. operates in the financial services industry, specializing in personal and secured vehicle loans. The company focuses on providing financial solutions to help Australians achieve their personal and financial goals.
YTD Price Performance: 3.33%
Average Trading Volume: 1,052,945
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$43.15M
For detailed information about WZR stock, go to TipRanks’ Stock Analysis page.
