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Harmoney Corp Ltd (AU:HMY)
:HMY
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Harmoney Corp Ltd (HMY) AI Stock Analysis

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AU

Harmoney Corp Ltd

(Frankfurt:HMY)

Rating:56Neutral
Price Target:
AU$0.50
â–¼(-10.71%Downside)
The stock's score is primarily influenced by financial performance, where strong revenue growth is offset by profitability challenges and high leverage. Technical analysis suggests stability but limited momentum. Valuation is negatively impacted by the lack of profitability and dividend yield.

Harmoney Corp Ltd (HMY) vs. iShares MSCI Australia ETF (EWA)

Harmoney Corp Ltd Business Overview & Revenue Model

Company DescriptionHarmoney Corp Ltd (HMY) is a financial technology company operating in the peer-to-peer lending sector. The company provides a platform that connects borrowers with investors, offering personal loans to individuals while facilitating investment opportunities for lenders. Harmoney's services include providing unsecured personal loans and a marketplace for investors to fund these loans, leveraging advanced technology to assess credit risk and streamline the lending process.
How the Company Makes MoneyHarmoney Corp Ltd generates revenue primarily through the origination fees charged to borrowers when they take out a loan via the platform. Additionally, the company earns service fees from investors who participate in funding loans, which are typically a percentage of the loan amount. Harmoney may also derive income from interest spreads between the rates charged to borrowers and those offered to investors, as well as from any ancillary financial services provided. Partnerships with financial institutions and strategic alliances can also contribute to revenue by expanding the platform's reach and facilitating larger loan volumes.

Harmoney Corp Ltd Financial Statement Overview

Summary
Harmoney Corp Ltd shows promising revenue growth of 24.8% from 2023 to 2024. However, the company faces profitability challenges with consistent net losses and a high debt-to-equity ratio of 20.37. Positive cash flow growth is a strength, indicating strong operational efficiency and cash management.
Income Statement
65
Positive
Harmoney Corp Ltd has shown a consistent increase in revenue over recent years with a revenue growth rate of 24.8% from 2023 to 2024. However, the company has been struggling with profitability, as evidenced by negative net income margins consistently over the years, with a net loss in both 2023 and 2024. The company's EBITDA margin in 2024 is a positive sign at 37.3%, indicating a capacity to cover operating expenses, although EBIT data is missing for 2024.
Balance Sheet
50
Neutral
The balance sheet of Harmoney Corp Ltd reveals high leverage, with a debt-to-equity ratio of 20.37 in 2024, indicating substantial reliance on debt financing. The equity ratio is a modest 4.65%, reflecting limited equity financing. Return on Equity (ROE) is negative due to net losses, suggesting inefficiencies in generating profit from shareholders' equity.
Cash Flow
70
Positive
The company has demonstrated positive free cash flow growth, with a 13.09% increase from 2023 to 2024. The operating cash flow to net income ratio is not favorable due to persistent net losses, but the free cash flow to net income ratio indicates a stronger ability to generate cash relative to net income. Cash flow stability is a positive aspect despite profitability challenges.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue133.05M106.62M72.42M38.20M17.85M
Gross Profit107.82M93.09M61.72M29.92M17.85M
EBITDA49.66M37.69M657.00K――
Net Income-13.19M-7.58M-18.91M-26.96M-13.09M
Balance Sheet
Total Assets856.77M788.35M636.45M390.64M191.90M
Cash, Cash Equivalents and Short-Term Investments41.24M43.45M56.73M76.26M37.03M
Total Debt811.36M724.01M563.72M291.47M0.00
Total Liabilities816.93M734.59M577.40M315.15M141.22M
Stockholders Equity39.84M53.76M59.05M75.49M29.09M
Cash Flow
Free Cash Flow21.40M18.92M-1.28M――
Operating Cash Flow24.29M23.94M5.04M――
Investing Cash Flow-52.37M-186.65M-327.27M-183.23M-84.54M
Financing Cash Flow24.50M148.51M309.14M225.49M100.78M

Harmoney Corp Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.56
Price Trends
50DMA
0.58
Positive
100DMA
0.55
Positive
200DMA
0.48
Positive
Market Momentum
MACD
<0.01
Negative
RSI
55.17
Neutral
STOCH
65.56
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 0.56 is above the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.58, and above the 200-day MA of 0.48, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.17 is Neutral, neither overbought nor oversold. The STOCH value of 65.56 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
C$14.65B6.3922.27%5.48%30.07%-22.51%
AUEPY
61
Neutral
AU$53.08M30.952.31%1.44%-5.36%―
AUHMY
56
Neutral
AU$58.79M―-26.78%―8.25%-119.92%
AUMME
53
Neutral
AU$116.01M7.17-13.74%―-14.61%-325.81%
AUBTN
48
Neutral
AU$38.41M―-85.47%―4.91%-29.86%
AUWZR
46
Neutral
AU$36.27M―-20.13%―-5.95%-9.84%
AUPNC
43
Neutral
AU$85.86M―-16.83%―-2.45%-639.57%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:HMY
Harmoney Corp Ltd
0.58
0.21
56.76%
AU:WZR
Wisr Ltd.
0.03
0.00
0.00%
AU:BTN
Butn Limited
0.11
0.06
120.00%
AU:PNC
Pioneer Credit Ltd
0.54
0.02
3.85%
AU:EPY
EarlyPay Limited
0.20
0.03
17.65%
AU:MME
MoneyMe Ltd.
0.14
0.07
100.00%

Harmoney Corp Ltd Corporate Events

Harmoney Corp Limited Reinforces Commitment to Corporate Governance
Jul 2, 2025

Harmoney Corp Limited has released its corporate governance statement, emphasizing the importance of strong governance practices in achieving its objectives and fulfilling responsibilities to stakeholders. The company aligns its governance framework with the ASX Corporate Governance Principles and Recommendations, ensuring effective management and statutory compliance. Harmoney Corp intends to comply with these recommendations for the reporting period from July 2024 to June 2025, with potential future deviations if deemed appropriate. The governance framework includes a board charter outlining roles and responsibilities, and processes for appointing directors, ensuring transparency and accountability.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Director’s Interest Update
Jul 2, 2025

Harmoney Corp Limited has announced a change in the interest of its director, Neil Roberts. The announcement details the lapsing and cancellation of a total of 614,726 performance rights held by Roberts, as per the company’s Long Term Incentive Plan Rules. This change reflects a decrease in the director’s performance rights, potentially impacting his stake in the company.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Announces Cessation of Performance Rights
Jul 2, 2025

Harmoney Corp Limited has announced the cessation of 5,092,617 performance rights due to the lapse of conditional rights that were not satisfied by the specified date. This cessation may impact the company’s capital structure and could have implications for stakeholders, as it reflects the company’s current inability to meet certain performance conditions.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Announces Quotation of New Securities on ASX
Jul 1, 2025

Harmoney Corp Limited has announced the quotation of 3,651 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code HMY, effective from June 30, 2025. This move is part of the company’s ongoing efforts to enhance its market presence and provide additional value to its stakeholders through the exercise of options or conversion of other convertible securities.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Expands Capital with New Securities Issuance
Jul 1, 2025

Harmoney Corp Limited has announced the issuance of 2,088,916 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ‘HMY’. This move is part of the company’s strategy to enhance its market presence and provide more value to its stakeholders by expanding its capital base.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Updates on Share Buy-Back Program
Jun 26, 2025

Harmoney Corp Limited has announced an update on its ongoing share buy-back program, reporting the acquisition of 498 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 209,311. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its commitment to returning capital to shareholders and potentially improving its market positioning.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Share Buy-Back Progress
Jun 25, 2025

Harmoney Corp Limited has announced an update regarding its ongoing share buy-back program. The company, listed under the ASX security code HMY, is actively engaged in buying back its ordinary fully paid securities. As of June 26, 2025, a total of 201,109 securities had been bought back before the previous day, with an additional 8,202 securities purchased on the previous day. This buy-back initiative is part of Harmoney Corp’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Updates On-Market Buy-Back Progress
Jun 22, 2025

Harmoney Corp Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, as part of its capital management strategy. As of June 22, 2025, the company has bought back a total of 193,009 securities, with an additional 8,100 securities acquired on the previous day. This buy-back initiative reflects the company’s efforts to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Share Buy-Back Progress
Jun 18, 2025

Harmoney Corp Limited has announced an update regarding its ongoing share buy-back program. As of June 18, 2025, the company has repurchased a total of 193,009 ordinary fully paid securities, including 37,570 securities bought back on the previous day. This buy-back initiative is part of Harmoney’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Market Buy-Back Progress
Jun 16, 2025

Harmoney Corp Limited has announced an update regarding its on-market buy-back of ordinary fully paid securities. As of June 17, 2025, the company has bought back a total of 155,439 securities, including 23,500 on the previous day. This buy-back initiative is part of Harmoney’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Updates on Share Buy-Back Program
Jun 13, 2025

Harmoney Corp Limited has announced an update regarding its ongoing on-market buy-back program. As of June 13, 2025, the company has repurchased a total of 131,939 ordinary fully paid securities, with 17,890 bought back on the previous day. This buy-back initiative is part of Harmoney’s strategy to enhance shareholder value and optimize its capital structure, reflecting the company’s confidence in its financial position and future growth prospects.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Announces Change in Substantial Holding
Jun 12, 2025

Harmoney Corp Ltd announced a change in substantial holding as Neil Roberts, a significant shareholder, sold 3.6 million shares, reducing his stake from 18.6% to 15% of the company’s issued shares. This sale represents a 3.5% decrease in Roberts’ holding, impacting the company’s shareholder structure. The announcement highlights the dynamic nature of Harmoney’s shareholder base and may influence investor perceptions and market positioning.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Director Adjusts Shareholding
Jun 12, 2025

Harmoney Corp Limited has announced a change in the director’s interest, specifically concerning Neil Roberts. The change involves the off-market sale of 3,600,000 ordinary shares by the Neil Roberts Business Trust, reducing the total number of shares held by the trust to 15,011,152. This transaction, valued at AU$1,826,820, reflects a strategic financial decision by the director and may impact the company’s market perception and shareholder interests.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Founder Transitions to Non-Executive Role Amid Partial Share Selldown
Jun 12, 2025

Harmoney Corp Ltd announced that its founder, Neil Roberts, has sold 3.6 million shares, representing about 3.5% of the company’s issued shares, as he transitions to a non-executive director role. Despite the partial selldown, Roberts remains the largest shareholder with 15% of the shares and plans no further sales in the next 12 months. This move marks a significant shift in the company’s leadership structure, potentially impacting its strategic direction while maintaining stability in shareholder composition.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Ongoing Buy-Back Program
May 25, 2025

Harmoney Corp Limited has announced an update regarding its ongoing on-market buy-back program. The company has repurchased a total of 91,859 ordinary fully paid securities before the previous day and an additional 22,190 securities on the previous day. This buy-back initiative is part of Harmoney’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Buy-Back Program
May 21, 2025

Harmoney Corp Limited has announced an update regarding its ongoing on-market buy-back program. The company reported the purchase of 6,795 ordinary fully paid securities on the previous day, adding to a total of 85,064 securities bought back before that day. This buy-back initiative is part of Harmoney’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates Buy-Back Date
May 21, 2025

Harmoney Corp Limited has announced a correction to the date of its daily buy-back of ordinary fully paid securities, identified by the ASX security code HMY. The company had previously bought back a total of 71,619 securities before the previous day and an additional 13,445 securities on the previous day. This update serves to amend the date of the buy-back as previously announced.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates Trading Policy to Enhance Compliance
May 21, 2025

Harmoney Corp Limited has updated its trading policy as of May 21, 2025. The policy outlines the prohibition of insider trading, details on closed and prohibited trading periods, and further restrictions on margin lending, short-term trading, and hedging. It also includes clearance procedures, exceptions for permitted dealings, and emphasizes the importance of confidentiality and training for compliance. This update aims to strengthen the company’s commitment to ethical trading practices and ensure adherence to legal standards, potentially impacting its operational transparency and stakeholder trust.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Updates on Share Buy-Back Program
May 19, 2025

Harmoney Corp Limited has announced an update regarding its ongoing share buy-back program. The company has repurchased a total of 71,619 securities before the previous day and an additional 13,445 securities on the previous day. This buy-back initiative is part of Harmoney’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Market Buy-Back Program
May 16, 2025

Harmoney Corp Limited has announced an update regarding its ongoing on-market buy-back program. As of May 16, 2025, the company has repurchased a total of 71,619 ordinary fully paid securities, with 19,882 bought back on the previous day. This buy-back initiative is part of Harmoney Corp’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Updates on Share Buy-Back Progress
May 15, 2025

Harmoney Corp Limited has announced an update regarding its ongoing buy-back of ordinary fully paid securities, identified by the ASX security code HMY. The company has been actively buying back shares, with a total of 34,565 securities bought back on the previous day, adding to the 17,172 securities bought back before that. This buy-back initiative is part of Harmoney Corp’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Harmoney Corp Limited Updates on Market Buy-Back Program
May 14, 2025

Harmoney Corp Limited has announced an update regarding its ongoing on-market buy-back program, with a recent purchase of 17,172 ordinary fully paid securities. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

Lisa Capital Ceases Substantial Holding in Harmoney Corp Ltd
May 1, 2025

Harmoney Corp Ltd has announced that Lisa Capital Pty Ltd, as trustee for Kirwood Capital Partners Fund IB Trust, has ceased to be a substantial holder in the company as of April 30, 2025. This change occurred through an off-market sale of 7,876,568 ordinary shares, valued at $4,017,049.68, which represented 100% of Lisa Capital’s holding in Harmoney Corp Ltd. This transaction may impact Harmoney’s shareholder composition and could influence its market dynamics.

Harmoney Corp Upgrades FY25 Guidance and Announces Share Buyback
Apr 29, 2025

Harmoney Corp Limited has upgraded its Cash NPAT guidance for FY25 to $5.5 million, citing continued loan book growth, improved lending margins, and effective cost management. The company also announced a share buyback of up to 5% of issued capital, indicating strong cash generation and potential debt reduction in FY26. Key performance highlights include a 43% increase in Australian new customer loan originations, a rise in net interest margin to 9.1%, and a decline in credit losses to 3.8%. The rollout of Stellare® 2.0 in New Zealand is on track, and the company’s warehouse credit capacity has increased to over $980 million.

Harmoney Corp Ltd 3Q25 Investor Presentation Highlights
Apr 29, 2025

Harmoney Corp Ltd has released its third-quarter investor presentation for 2025, focusing on financial results, profit guidance, and an on-market share buyback. The announcement highlights the company’s financial performance and strategic initiatives, which could influence its market positioning and stakeholder interests.

Harmoney Corp Announces On-Market Buy-Back
Apr 29, 2025

Harmoney Corp Limited has announced an on-market buy-back of its ordinary fully paid securities, as indicated by their ASX security code HMY. This move is part of the company’s strategic financial management efforts. The buy-back could potentially impact the company’s stock value and market perception, reflecting a commitment to enhancing shareholder value.

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.Date of analysis: Jul 02, 2025