MME 2.22% 11.5¢ moneyme limited

This is new - "On one recount to Street Talk, he told investors...

  1. 6,249 Posts.
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    This is new -

    "On one recount to Street Talk, he told investors MoneyMe made $9 million statutory NPAT in the six months to December 31, and another $7 million across January and February. In other words, the business is printing profit."

    $7m NPAT (unaudited) in Jan+Feb?!

    Huge, and way more than $9m in Jul-Dec.

    If it's true, I guess the $30m raising will succeed. I'd better get some cash ready to participate.


    "The other kicker is the savings from repaying the short-term funding - another $6 million to $8 million a year. That’s the albatross that needs removing."
    Last edited by danbradster: 28/03/23
 
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