So running some maths on this one.
- A relatively steady loan book of ~$1.1B at a net interest margin of 11%
- Net interest is therefore ~$121M PA
- Loan losses of ~4.9% of book,, equating to ~$54M (almost half net interest)
- Minus other expenses assuming previous years numbers
- Marketing $8M
- Development $8M
- Depreciation $11M
- Commissions ~$6M
- Admin ~$35M (maybe this comes down)
I am left with a negative profit before tax????
Ann: 1Q24 Trading Update - Strong Revenue and Lower Losses, page-17
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.00M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $7.413K | 66.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1011100 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 176734 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MME (ASX) Chart |