Harmoney Corp Ltd (AU:HMY)
ASX:HMY
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Harmoney Corp Ltd
(Sydney:HMY)
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Rating:58Neutral
Price Target:
AU$0.89
▲(7.11% Upside)
Action:Reiterated
Date:11/25/25
Harmoney Corp Ltd's overall stock score is driven by strong financial performance, particularly in revenue growth and cash flow generation. However, high leverage and a bearish technical outlook weigh on the score. The stock's valuation is reasonable, but the lack of a dividend yield limits its attractiveness for income-focused investors.
Positive Factors
Strong Revenue Growth
A 63.54% year growth in revenue signals growing loan originations and customer adoption of Harmoney's digital lending platform. Durable top-line expansion supports scale economies in credit models and operations, enabling reinvestment in underwriting technology and market share gains over multiple quarters.
Negative Factors
High Leverage
A very high debt-to-equity ratio and low equity ratio show heavy reliance on borrowed funds. Structurally, this increases refinancing and interest-rate sensitivity, reduces financial flexibility, and raises vulnerability to credit shocks or tighter funding conditions over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
A 63.54% year growth in revenue signals growing loan originations and customer adoption of Harmoney's digital lending platform. Durable top-line expansion supports scale economies in credit models and operations, enabling reinvestment in underwriting technology and market share gains over multiple quarters.
Read all positive factors
Harmoney Corp Ltd (HMY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$81.18M
Dividend YieldN/A
Average Volume (3M)84.84K
Price to Earnings (P/E)3.9
Beta (1Y)1.24
Revenue Growth10.39%
EPS GrowthN/A
CountryAU
Employees75
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)0.09
Shares Outstanding103,415,100
10 Day Avg. Volume44,511
30 Day Avg. Volume84,840
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)1.47
Price to Sales (P/S)0.41
P/FCF Ratio1.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.39Price Target Upside67.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.12
Revenue Forecast (FY)AU$128.63M
Harmoney Corp Ltd Business Overview & Revenue Model
Company Description
Harmoney Corp Limited provides online unsecured personal loans in Australia and New Zealand. The company's personal loans are used for various purposes, including debt consolidation, home improvement, wedding, car, holiday, education, business, an...
How the Company Makes Money
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Harmoney Corp Ltd Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
45
Neutral
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 139.71M | 131.83M | 133.05M | 106.62M | 77.26M | 35.65M |
| Gross Profit | 64.30M | 119.30M | 133.05M | 93.09M | 61.72M | 29.92M |
| EBITDA | 70.96M | 77.19M | 65.06M | 37.69M | 657.00K | -18.69M |
| Net Income | 9.57M | 5.52M | -13.19M | -7.58M | -18.91M | -26.96M |
Balance Sheet | ||||||
| Total Assets | 908.95M | 945.24M | 856.77M | 788.35M | 636.45M | 390.64M |
| Cash, Cash Equivalents and Short-Term Investments | 50.12M | 56.66M | 41.24M | 43.45M | 56.73M | 76.26M |
| Total Debt | 859.70M | 890.24M | 811.36M | 724.01M | 563.72M | 584.86M |
| Total Liabilities | 866.24M | 908.11M | 816.93M | 734.59M | 577.40M | 315.15M |
| Stockholders Equity | 42.71M | 37.13M | 39.84M | 53.76M | 59.05M | 75.49M |
Cash Flow | ||||||
| Free Cash Flow | 31.79M | 32.66M | 19.58M | 18.92M | -1.28M | -5.27M |
| Operating Cash Flow | 36.57M | 37.73M | 24.29M | 23.94M | 5.04M | -1.58M |
| Investing Cash Flow | -124.35M | -106.98M | -52.37M | -186.65M | -327.27M | -183.23M |
| Financing Cash Flow | 91.51M | 85.22M | 22.43M | 148.51M | 309.14M | 225.49M |
Harmoney Corp Ltd Technical Analysis
Positive
0.83
Price Trends
0.77
Positive
0.81
Negative
0.83
Negative
Market Momentum
-0.01
Negative
55.39
Neutral
71.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMY, the sentiment is Positive. The current price of 0.83 is above the 20-day moving average (MA) of 0.76, above the 50-day MA of 0.77, and below the 200-day MA of 0.83, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 71.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HMY.
Harmoney Corp Ltd Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
58 Neutral | AU$81.18M | 3.91 | 23.96% | ― | 10.39% | ― | |
57 Neutral | AU$747.95M | 4.16 | 12.70% | 11.71% | -8.26% | 5.26% | |
56 Neutral | AU$149.41M | 9.87 | 72.15% | ― | 20.39% | -42.91% | |
52 Neutral | AU$966.95M | 4.93 | 7.72% | 6.60% | 8.89% | 334.62% | |
43 Neutral | AU$68.27M | -1.10 | -43.76% | ― | 17.04% | -121.43% | |
41 Neutral | AU$37.01M | -2.58 | -26.13% | ― | 7.47% | 5.97% |
* Financial Sector Average
AU:HMY
Harmoney Corp Ltd
0.79
0.16
24.60%
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Harmoney Corp Ltd Corporate Events
Harmoney Reaffirms FY26 Profit Outlook and Projects $900m+ Loan Book
Apr 21, 2026
Harmoney Corp Ltd reaffirmed its FY26 cash NPAT guidance of $13 million, representing a 128% increase on the prior corresponding period and a 331% compound annual growth rate. The company expects its Stellare 2.0 platform to drive its year-end loa...
Harmoney Reaffirms FY26 Profit Guidance as Loan Growth and Margins Climb
Apr 21, 2026
Harmoney has reaffirmed its FY26 cash NPAT guidance of $13 million, a 128% increase on FY25, as strong loan origination growth in both Australia and New Zealand, higher net interest margins and disciplined costs underpin its outlook. The group loa...
Harmoney Extends On-Market Share Buy-Back by One Year
Apr 21, 2026
Harmoney Corp Limited has updated the market on its on-market share buy-back program for its ordinary fully paid shares listed on the ASX under the code HMY. The company has lodged an official notification outlining revised details to its existing...
Harmoney schedules 3Q26 investor update and boosts digital engagement
Apr 9, 2026
Harmoney Corp Ltd has announced that its CEO and Managing Director, David Stevens, and CFO, Simon Ward, will present an online investor update on the company’s performance for the nine months ended 31 March 2026, including a QA session. The ...
Harmoney Issues Daily Update on Ongoing On‑Market Share Buy‑Back
Apr 1, 2026
Harmoney Corp Ltd has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares under code HMY. The company reported that a cumulative total of 641,300 shares had been repu...
Harmoney Continues On‑Market Share Buy‑Back With Daily ASX Update
Apr 1, 2026
Harmoney Corp Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back program for its ordinary fully paid shares. The update, dated 1 April 2026, confirms this is a continuation of a buy&#...
Harmoney Highlights FY26 Outlook at ASX SMIDcaps Investor Forum
Mar 24, 2026
Harmoney Corp Limited used the ASX SMIDcaps Conference to showcase an investor presentation outlining its business profile and recent financial performance. The presentation, led by CEO and Managing Director David Stevens, highlighted the company&...
Harmoney Files Daily Update on Ongoing On‑Market Share Buy‑Back
Mar 24, 2026
Harmoney Corp Ltd has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares under code HMY. The latest daily report, dated 25 March 2026, confirms the program remains a...
Harmoney Updates Market on Progress of On‑Market Share Buy‑Back
Mar 23, 2026
Harmoney Corp Limited has provided an updated notification to the ASX on its ongoing on‑market share buy‑back program for its ordinary fully paid shares under code HMY. The company reported that a total of 572,273 shares had been bough...
Harmoney Continues On‑Market Share Buy‑Back With Daily ASX Update
Mar 22, 2026
Harmoney Corp Ltd has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back program for its ordinary fully paid shares under code HMY. The latest update, dated 23 March 2026, reports that a total of...
Harmoney Updates Market on Progress of On‑Market Share Buy‑Back
Mar 19, 2026
Harmoney Corp Ltd has provided an updated notice to the ASX confirming ongoing execution of its on‑market share buy‑back program for its ordinary fully paid shares under code HMY. The latest daily update, dated 20 March 2026, reports t...
Harmoney Updates Market on Progress of On‑Market Share Buy‑Back
Mar 18, 2026
Harmoney Corp Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares under code HMY. The latest filing confirms the program remains active, with the company ...
Harmoney Continues Daily On‑Market Share Buy‑Back Program
Mar 17, 2026
Harmoney Corp Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares under code HMY. The latest filing, dated 18 March 2026, confirms the program is active a...
Harmoney Updates Market on Progress of On‑Market Share Buy‑Back
Mar 16, 2026
Harmoney Corp Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back program for its ordinary fully paid shares, coded HMY. The latest update, dated 17 March 2026, reports that a total of...
Harmoney Updates Market on Ongoing On-Market Share Buy-Back
Mar 15, 2026
Harmoney Corp Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company is using this mechanism to manage its capital, reduce the number of shares...
Harmoney Continues On‑Market Share Buy‑Back With Daily ASX Update
Mar 12, 2026
Harmoney Corp Limited, listed on the ASX under ticker HMY, operates in the financial services sector offering consumer lending products to retail customers. Its ordinary fully paid shares are the subject of recent on‑market buy‑back ac...
Harmoney Updates Market on Progress of On-Market Share Buy-Back
Mar 11, 2026
Harmoney Corp Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company confirmed this latest update as of 12 March 2026, identifying the buy-back...
Harmoney Updates Market on Progress of On-Market Share Buy-Back
Mar 10, 2026
Harmoney Corp Ltd, an ASX-listed financial services firm trading under ticker HMY, continues to manage its capital structure through an on-market share buy-back program of its ordinary fully paid shares. The company initially notified the market o...
Harmoney Sets Date for 1H26 Results and Investor Presentation
Feb 3, 2026
Harmoney Corp Ltd has scheduled the release of its first-half 2026 financial results for after the ASX market close on Thursday 19 February 2026, with a detailed results presentation to be delivered via teleconference and webcast the following mor...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.