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N1 Holdings Ltd. ( (AU:N1H) ) just unveiled an announcement.
N1 Holdings Limited has reported a quarterly business update for the period ending December 2024, highlighting continued growth in revenue, EBITDA, and profitability despite challenges from higher funding costs and reduced market transactions. The company’s strategy focuses on lending secured by established properties and maintaining a strong equity buffer, which has resulted in successful loan closures and a robust cash balance. The company also plans to enhance its marketing efforts and funding capacity to support further growth in its lending activities.
More about N1 Holdings Ltd.
N1 Holdings Limited is a property-backed private credit lender operating in the Australian SME sector. The company is financed by a diverse range of funding sources, including balance sheet capital, N1-managed mortgage funds, and various debt facilities. It positions itself advantageously within the evolving landscape of non-traditional lending sources, serving as a preferred private debt asset manager for high-net-worth individuals, family offices, and institutions.
YTD Price Performance: 0%
Average Trading Volume: 7,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$10.57M
Find detailed analytics on N1H stock on TipRanks’ Stock Analysis page.
