middle.news

Propell Marks First Half-Year Cash Profit Since Listing Amid New Lending Innovations

6:28pm on Sunday 1st of June, 2025 AEST Financial Services
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about PHL (ASX:PHL)
OPEN ARTICLE