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Propell Marks First Half-Year Cash Profit Since Listing Amid New Lending Innovations
6:28pm on Sunday 1st of June, 2025 AEST
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Financial Services
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Propell Marks First Half-Year Cash Profit Since Listing Amid New Lending Innovations
6:28pm on Sunday 1st of June, 2025 AEST
Key Points
Year-to-date net cash inflow of $105,000, first half-year cash profit since listing
Q2 FY25 operating cash outflow of $43,000 amid steady customer receipts
Loan book growth fueled 111% increase in customer receipts year-on-year
Launch of trade receivables loan facility and automated broker credit tool
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