Revenue growth to $60m, improved credit, loan book $1.75bn
| Stock | Moneyme Ltd (MME.ASX) |
|---|---|
| Release Time | 29 Jan 2026, 9:32 a.m. |
| Price Sensitive | Yes |
Revenue growth to $60m, improved credit, loan book $1.75bn
- Loan book grew 26% to $1.75bn, with $275m in loan originations
- Gross revenue increased 19% to $60m
- Net credit losses decreased to 2.9%, with 90+ arrears improving to 96bps
- Secured loans remained steady at 61% of the loan book
MONEYME is pleased to provide its second quarter trading results for the period ending 31 December 2025. The company increased scale and uplifted credit performance with the loan book reaching $1.75bn, revenue of $60m in the quarter and net credit losses decreasing to 2.9%. The proportion of secured loans in the loan book remained steady at 61%, with the Autopay loan book reaching $1bn. MONEYME's loan book increased by 26% on the prior corresponding period (pcp) to $1.75bn, with $275m in loan originations for 2Q26, up 18% on the pcp. Gross revenue increased to $60m for 2Q26, up 19% on the pcp, reflecting the growth in the loan book. The strategy to achieve sustainable returns, balancing product mix and credit quality, has delivered lower credit losses, a reduction in cost of funds, and an increasing risk-adjusted net interest margin (RNIM). MONEYME continues to achieve lower funding margins from improved terms on its warehouses, benefitting net interest margins going forward. The launch of two new warehousing financing facilities, including a $455.4m term securitisation of auto loan receivables, will see MONEYME set up for success into the future. MONEYME delivered several technology and product updates in 2Q26 which supported the continued growth in the loan book, including the launch of a PayTo pilot, new repossession and insurance modules, and the expansion of its Autopay product into the private car sales market.
Subject to market conditions and continued delivery of its strategy, MONEYME expects to reach a Normalised NPAT breakeven loan book in the short term.
2H26 will see the continued roll out of MONEYME's product strategy with the launch of the new credit card offering and expanded Autopay offerings, supporting continued loan book growth and a balanced asset mix. MONEYME remains on track to deliver its medium-term outlook, supported by continued growth and improving economics.