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Propell Holdings Accelerates Loan Growth Despite Rising Losses and ASX Delisting Talks

7:22am on Monday 2nd of June, 2025 AEST Financial Services
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Propell Holdings Accelerates Loan Growth Despite Rising Losses and ASX Delisting Talks

7:22am on Monday 2nd of June, 2025 AEST
Key Points
  • Revenue increased 75% to $1.27 million for H1 FY2025
  • Net loss widened 121% to $2.03 million due to higher loan impairments
  • Loan book expanded 180% to $6.18 million, fueling interest income growth
  • Operating expenses reduced by 29%, reflecting cost discipline
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