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Humm Group Limited ( (AU:HUM) ) has shared an announcement.
Humm Group Limited announced a remarkable financial performance for the first half of 2025, reporting a 119% increase in cash profit to $29.8 million and a 555% rise in statutory net profit. The company achieved a 14% growth in assets under management, leading to a 12.5% increase in gross income. The interim dividend increased by 67% compared to the previous year, reflecting strong shareholder returns. The introduction of a hybrid loan product in Australia, along with strategic investments in the UK, Ireland, and Canada, is expected to bolster long-term profitability and market expansion.
More about Humm Group Limited
Humm Group Limited, listed as ASX: HUM, operates in the financial services industry, focusing on providing commercial finance, consumer finance, and point of sale payment plans primarily in Australia, New Zealand, and other markets. Their offerings include tailored merchant-specific financial products, with a significant emphasis on enhancing customer experience and expanding into new channels and markets.
YTD Price Performance: -8.46%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €187.5M
For a thorough assessment of HUM stock, go to TipRanks’ Stock Analysis page.
