Is MONEYME profitable in FY23?

Yes, MONEYME is on track to return to statutory profitability and achieve greater than $200 million in net revenue for FY23 as part of its profitable growth strategy announced in July.

What is MONEYME's strategy for profitable growth?

MONEYME's strategy focuses on high quality credit originations, cost efficiencies through new scale advantages, technological improvements, and low-cost customer acquisition by offering its expanding product range to over 200,000 SocietyOne customers.

Has MONEYME achieved profitability before?

Yes, MONEYME achieved profitability by its fourth year in business in 2017 and posted consistent net profits through to 2020 before entering its high growth phase.

MONEYME (ASX:MME) executes profitability strategy, on track for $200m revenue in FY23