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Propell Holdings Accelerates Loan Growth Despite Rising Losses and ASX Delisting Talks
8:20pm on Monday 17th of February, 2025 AEDT
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Financial Services
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Propell Holdings Accelerates Loan Growth Despite Rising Losses and ASX Delisting Talks
8:20pm on Monday 17th of February, 2025 AEDT
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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