Plenti Group Ltd. (AU:PLT) has released an update.
Plenti Group Limited reported a robust financial performance with their loan portfolio reaching $2.14 billion, marking a 21% year-over-year growth. Driven by portfolio expansion and higher customer interest rates, the company’s quarterly revenue soared by 41% compared to the previous year, culminating in an impressive full-year Cash NPAT of $6.1 million. The company also highlighted the successful diversification of its lending, with significant growth in its renewable energy sector and the anticipation of a new ‘NAB powered by Plenti’ car loan product.
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