Latest Cash Converters International (ASX:CCV) News

Cash Converters has completed a $37.1 million acquisition of 29 franchise stores across Australia’s East Coast, aiming to boost earnings and operational efficiency from year one.

Cash Converters has completed a $25 million equity raise to fund the acquisition of 29 Australian franchise stores, with EZCORP increasing its voting power to nearly 44%.

Cash Converters International Limited (ASX – CCV) has announced a fully underwritten $25 million equity raising to finance the acquisition of a 29-store Australian franchise network, aiming to expand its corporate footprint and accelerate growth.

Cash Converters has successfully completed the institutional component of a $25 million equity raising, positioning itself to acquire 29 franchise stores and expand its retail footprint.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 franchise stores, expanding its corporate footprint on Australia's East Coast. The move aligns with its growth strategy targeting disciplined franchise acquisitions in Australia and the UK.

Cash Converters International Limited has launched a $25 million equity raising to fund the acquisition of 29 Australian franchise stores, aiming to expand its corporate store network and enhance earnings. The move is backed by major shareholder EZCORP, signaling confidence in the company’s growth strategy.

Cash Converters International Limited has reported robust FY25 results, driven by strategic store acquisitions and a pivot to longer-term, lower-cost lending products. The company is expanding its global footprint and luxury retail offerings while maintaining strong shareholder returns.

Cash Converters International Limited reported robust FY25 results, driven by strategic franchise acquisitions and a shift to longer-term, lower-cost lending products. The company is poised for further growth with new loan launches and luxury retail expansion.

Cash Converters International Limited reports a robust 41% increase in statutory net profit for FY2025, driven by a strategic transformation that includes exiting payday lending, expanding luxury retail, and growing its franchise footprint in Australia and the UK.

Cash Converters International Limited reported a robust 41% increase in net profit for FY2025, driven by strategic franchise acquisitions and a shift in loan product mix. The company declared a fully franked final dividend and maintains a strong balance sheet as it navigates evolving regulatory and market conditions.

Cash Converters has expanded its Australian footprint by acquiring 14 franchise stores across key states, reinforcing its strategy to grow earnings and consumer lending.

Cash Converters has secured a £12 million growth facility from Lloyds Bank and agreed to acquire 10 UK franchise stores, marking a significant step in its UK expansion strategy.