PLT 0.00% 71.0¢ plenti group limited

Ann: Plenti outperforms prospectus loan originations., page-2

  1. 304 Posts.
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    There we go. Finally some good news:

    Highlights: ● Record loan originations of $106.9 million for the quarter, 48% above prior correspondingperiod and 11% above prospectus forecast ● The first quarter of loan originations exceeding $100 million, following three consecutiverecord months ● Total loan portfolio increased to approximately $434 million, $8 million above prospectusforecast ● Investor app launched in beta, and significant technology enhancements in creditdecisioning and partner portal deployed ● Loan portfolio continues to demonstrate strong credit performance, with low credit losses,reduction in both 90+ day arrears and number of borrowers in loan deferral ● Well-capitalised following completion of $55 million IPO and well positioned to pursuegrowth opportunities available across each lending vertical
 
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