Preliminary final report Appendix 4E
| Stock | Plenti Group Ltd (PLT.ASX) |
|---|---|
| Release Time | 21 May 2025, 8:23 a.m. |
| Price Sensitive | Yes |
Plenti Group Ltd reports strong profit growth
- Profit after tax up 268.3% to $24.8 million
- Net tangible assets per share increased to 24.19 cents
- No dividends declared for the current or previous period
Plenti Group Limited (ASX:PLT) has released its Preliminary Final Report for the year ended 31 March 2025. The company reported a profit after tax of $24,757,000, up 268.3% from the previous year's loss of $14,707,000. This strong financial performance was driven by the company's continued growth and diversification of its loan products, distribution channels, and funding sources, as well as its exceptional credit performance and ongoing innovation. The increase in net tangible assets per ordinary security to 24.19 cents, up from 15.18 cents in the previous year, was due to the recognition of deferred tax assets of $24 million, which increased the net assets of the Group. The company did not pay, recommend, or declare any dividends during the current or previous financial period. Plenti also advised that its Annual General Meeting will be held on Tuesday, 19 August 2025, and that valid nominations for director positions must be lodged by 5:00 pm (AEST) on Monday, 7 July 2025.