Harmoney Corp Ltd (AU:HMY) has released an update.
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Harmoney Corp Ltd has reported a strong start to FY25, with a notable 50% increase in Australian loan originations driven by its Stellare 2.0 platform. The company’s net interest margin rose to 8.9%, and credit losses fell to 3.7%, highlighting improved profitability. Harmoney’s strategic focus on the Australian market has led to a 12% growth in its loan book, positioning it well for continued success.
For further insights into AU:HMY stock, check out TipRanks’ Stock Analysis page.
