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????
So running some maths on this one. A relatively steady loan book...
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Last
6.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $48.00M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.1¢ | 6.0¢ | $259.4K | 4.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 426854 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 66869 | 3 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
-0.001 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.3¢ | 6.0¢ | 263748 | ||
| Last updated 15.46pm 22/05/2024 ? | |||||
| MME (ASX) Chart |