• Completed Stellare® 2.0 platform rollout, driving operational leverage
• Introduced AI Governance and Controls policy to ensure responsible innovation
• Reaffirms FY26 Cash NPAT guidance of $12 million, a 111% increase

Harmoney Corp Limited (ASX:HMY) has reported a defining year in FY25, characterized by record post-IPO profitability and the successful execution of its core technology strategy. The company delivered a Cash Net Profit After Tax (Cash NPAT) of $5.7 million, a 742% increase on the prior year, underpinned by the completion of its Stellare® 2.0 platform rollout. This significant achievement involved the migration of Harmoney's legacy loan book in both Australia and New Zealand, and the full decommissioning of its legacy systems. With this foundation now established, the company is seeing the benefits of a faster, scalable platform that drives operational leverage and product innovation. In addition to its financial and operational milestones, Harmoney has remained focused on evolving its governance frameworks to match the sophistication of its technology. The company has introduced a new AI Governance and Controls policy to guide its ethical use of machine learning and artificial intelligence, ensuring it continues to remain at the forefront of technology while maintaining the trust of its stakeholders. Harmoney has also seen a significant rotation in its share register, with post-IPO investors now comprising over 50% of the register, reflecting growing confidence from the broader investment community in the company's outlook and financial strength. Looking ahead, Harmoney continues to deliver strong momentum, reaffirming its guidance for FY26 Cash NPAT of $12 million, which represents a 111% increase on its FY25 result. The company is seeing excellent margin expansion, with its Net Interest Margin widening in the first quarter to 10.3%, up from 9.3% for FY25, and its Risk-Adjusted Income expanding to 6.5%, up from 5.7% for FY25. Credit quality remains robust and consistent with expectations. Harmoney's innovation continues to drive growth, with the launch of a new secured car loan product in the first quarter, leveraging the 'money in seconds' capability of Stellare® 2.0. The company has also secured a new $15 million corporate debt facility with a major Australian bank, further strengthening its funding position and reducing its funding costs.

Harmoney reaffirms its guidance for FY26 Cash NPAT of $12 million, which represents a 111% increase on its FY25 result.

Harmoney continues to grow in strength year on year, with a highly automated, scalable platform, a growing loan book, expanding margins, and a diversified funding base supported by top-tier banks. The company remains confident in delivering its $12 million Cash NPAT target for FY26.