Plenti Group Reports Strong Growth in FY24
Company Announcements

Plenti Group Reports Strong Growth in FY24

Plenti Group Ltd. (AU:PLT) has released an update.

Plenti Group Limited reported significant growth in its FY24 results, with a 21% increase in its loan portfolio to $2.1 billion and a 47% surge in revenue to $211 million. The company’s strategic partnership with NAB and enhancements to its technology platform have positioned it for further market share expansion. Plenti’s focus on operational efficiency and robust credit performance has paid off, delivering a 36% rise in cash NPAT to $6.1 million.

For further insights into AU:PLT stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!