MONEYME’s Loan Book Hits $1.6B with $24M Operating Cash Profit in FY25

Strong Loan Growth Amid Improved Credit Quality

MONEYME Limited has delivered a compelling FY25 financial performance, marked by a 28% increase in its loan book to $1.6 billion. This growth was driven by a 54% surge in loan originations, reflecting strong demand and effective customer targeting. Notably, the company has shifted towards a higher proportion of secured loans, now comprising 62% of the portfolio, which has contributed to a significant reduction in net credit losses to 3.4%.

The average credit score of borrowers has also improved, rising to 790 from 763 the previous year, underscoring MONEYME’s strategic focus on building a more resilient and higher quality loan book. This credit profile enhancement has helped lower expected credit losses and supports the company’s long-term risk management objectives.

Financial Metrics Reflect Strategic Shifts

Despite a slight 3% decline in gross revenue to $208 million and a drop in net interest margin to 8%, these figures align with the company’s pivot towards secured lending, which typically yields lower margins but offers greater stability. Operating cash profit (OCP) turned positive at $24 million, a marked improvement from a loss of $8 million in FY24, bolstered by a one-off $10 million cash benefit in the first half of the year.

However, statutory net profit after tax (NPAT) remains negative at $67 million, influenced by upfront provisioning for expected credit losses and non-cash accounting adjustments related to the rapid loan book expansion. Normalised NPAT also improved but stayed in the red at $16 million, reflecting the costs associated with growth and the evolving product mix.

Capital Structure and Funding Optimisation

MONEYME has strengthened its capital base with a new $125 million corporate facility arranged with iPartners, refinancing previous debt at a lower cost and more favourable terms. The company also completed two asset-backed securitisations (ABS), including its largest ever auto loan ABS, which expanded total funding capacity to $2.1 billion by June 2025 and further to $2.3 billion with a personal loan ABS in July.

These funding initiatives have reduced the company’s cost of funds to 7.1%, down from 7.8% the prior year, providing a solid foundation for sustained growth and operational leverage. The combination of strong operating cash flows, diversified funding sources, and prudent cost management positions MONEYME well for scaling its business.

Technology and Product Innovation Drive Customer Experience

On the innovation front, MONEYME accelerated development of its proprietary AI platform, AIDEN, incorporating generative and agentic AI capabilities. This technology has enhanced credit decisioning and customer interactions, achieving up to 30% higher satisfaction scores. The company also expanded its product suite, introducing longer seven-year unsecured personal loans and a refinance offer for its Autopay product.

Looking ahead, MONEYME plans to launch a revamped credit card offering in FY26, supported by its recent Mastercard principal issuer status and new technology partnerships. These initiatives aim to diversify revenue streams and improve risk-adjusted returns while maintaining a customer-centric approach.

Commitment to ESG and Operational Excellence

MONEYME continues to demonstrate strong environmental, social, and governance (ESG) credentials, achieving ISO 27001, 2022 certification for data security and maintaining high employee engagement levels. The company has also made progress in reducing its carbon footprint and actively supports charitable causes through employee and corporate donations.

CEO Clayton Howes emphasised that FY25 was a year of renewed momentum, with the company’s strategic priorities delivering tangible results. He highlighted the balance between growth, credit quality, and funding optimisation as key to MONEYME’s path back to profitability and long-term scale.