• Loan book growth of 26% to $1.75bn
• Gross revenue up 17% to $117m
• Net credit losses reduced to 2.9%
• Normalised NPAT loss improved 23% to ($4.6m)

MONEYME Ltd reported solid 1H26 results, with the loan book growing 26% to $1.75bn, gross revenue increasing 17% to $117m, and net credit losses reducing to 2.9%. The company's statutory NPAT loss improved 44% to ($21.9m), driven by the 17% revenue growth and the non-recurrence of $14.3m in one-off financial asset losses recognised in 1H25. Normalised NPAT loss improved 23% to ($4.6m), highlighting the strengthening of the underlying earnings quality and continued progress towards profitability. Operating cash profit excluding one-off benefits was $9.9m, significantly up on the prior period's underlying result of $5.3m, driven by stronger net interest income and lower funding costs. The company continued to invest in growth, with operating expenses up 28% to support product development, credit card launch, and direct distribution expansion. MONEYME's technology leadership, focus on high credit quality and secured assets, expanding and optimising funding programs, product innovation and expansion, and strong ESG practices have all contributed to the improved performance.

MONEYME expects the average loan portfolio to reach the profitable $2.0bn to $2.5bn range, with the new credit card product launch in 2H26 and continued growth across the loan book expected to drive further revenue and margin improvements.

The company is well-positioned to capture the structural shift in the lending market, with banks' reduced appetite and agility in personal lending and auto finance creating opportunities for MONEYME's technology-led, flexible approach. The company's proprietary platform and AI capabilities are enabling rapid product innovation, including the soon-to-launch new credit card, and supporting scalable growth.