MoneyMe (ASX:MME) said its loan book grew 21% year on year to AU$1.4 billion in the December 2024 quarter, compared with AU$1.2 billion in the prior-year quarter, according to a Friday Australian bourse filing.
Its revenue came in at about AU$50 million in the fiscal second quarter, compared with AU$52 million in the year-ago period. The firm said this reflected an increased ratio of secured loans and higher credit quality customers.
The firm is developing a revamped credit card offering, which is expected to launch within the year.
Its shares fell 4% in the recent trading on Friday.