Top member reports
Company Report
Last edited 4 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#217
Performance (51m)
-15.4% pa
Followed by
156
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#ASX Announcement 12/1/21
stale
Added 4 years ago

Plenti delivers another record quarter

Highlights:

? Record loan originations of $130.9 million, 58% above prior corresponding period and 22% above prior quarter

? Total loan portfolio increased to $508 million, 46% above prior corresponding period

? Three further record loan origination months, during which $1 billion in cumulative lending and >$500m loan portfolio milestones were achieved, both ‘firsts’ for an Australian FinTech consumer lender

? Funding headroom increased materially through automotive loan warehouse facility upsize and introduction of new $100 million renewable energy and personal loan warehouse facility

? Loan portfolio continues to demonstrate strong credit performance, with low levels of losses and 90+ day arrears declining to 0.32%

? Well positioned to maintain growth across key lending verticals

View Attachment