MME 0.00% 11.0¢ moneyme limited

Ann: FY23 Full Year Results Investor Presentation, page-7

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  1. 783 Posts.
    lightbulb Created with Sketch. 93
    Made $9m in the 1H and $3m in the 2H. Im trying to get excited but to grow they seem to lose money, all this moderating talk...
    He is paying himself $1.2m so 10% of NP. Big drop in marketing expense to ensure a profit. Smart but not sure how the model really works, scales going forward. Love it through 8c, but cant see me adding, would probably trim a breakout and look at other things. @SteveSage yeah I think another Qtr or 2 is needed to see. Also looks seasonal and the 1H is much stronger, which is a positive for these results.
    FY 24 question was reopening the tap... He said its challenging and readying the business for when interest rates turn and "leverage" his platform. Its a wait and see for him.
    That tells me the same
 
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