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How Cash Converters Is Reinventing Lending and Retail with AI and Acquisitions
2:40am on Monday 2nd of June, 2025 AEST
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Financial Services
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How Cash Converters Is Reinventing Lending and Retail with AI and Acquisitions
2:40am on Monday 2nd of June, 2025 AEST
Key Points
Operating NPAT rises to $15 million in 1H FY25
Gross loan book reaches $277.4 million with net loss rate improving to 7.3%
Strategic pivot away from small and vehicle loans to longer-term, lower-cost products
Acquisition of 65 franchise stores contributes $3.4 million NPAT in 1H FY25
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Cash Converters International (ASX:CCV)
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