Australia · Delayed Price · Currency is AUD Harmoney Corp Earnings Call Transcripts
Fiscal Year 2026
-
Strong Q3 FY2026 results with 128% NPAT growth, robust loan book expansion, and stable credit metrics. Auto lending and digital initiatives are accelerating, with guidance reaffirmed and a share buyback extension announced.
-
Six-month NPAT and cash NPAT exceeded last year's full-year result, with 31% ROE and 9% loan book growth. FY26 guidance was upgraded, driven by strong NIM, risk-adjusted margins, and operational efficiency. Funding and capital positions remain robust.
-
Reaffirmed FY26 cash NPAT guidance of $12M, with strong loan book growth and improved margins. New Zealand originations surged 50% year-over-year, and a new secured auto loan product was launched. Cost-to-income ratio remains low at 19%, and credit losses are stable.
Fiscal Year 2025
-
Reported $5.5M net profit after tax and $5.7M cash impact, with 9% loan book growth and a 19% cost to income ratio. FY26 guidance raised to $12M cash impact, driven by Stellare 2.0, new products, and strong automation.
-
Upgraded FY25 profit guidance and strong loan book growth reflect continued momentum, with Stellare 2.0 rollout and automation driving efficiency and margins. A share buyback and robust capital position support future growth, while product innovation and customer retention remain key priorities.
-
Reported NZD 2 million net profit after tax for H1 2025, reversing a loss year-over-year, with 350% growth in cash profit and a 13% cash return on equity. Guidance for FY25 and FY26 targets strong profit growth, supported by Stellare 2.0 rollout and robust capital position.
-
Strong FY2025 start with loan book growth, improved risk-adjusted income, and a lower cost-to-income ratio. Stellare 2.0 drove over 50% growth in Australian new customer originations, with further expansion planned.
Fiscal Year 2024
-
Stellare 2.0 drove a 50% uplift in Australian loan originations and doubled approval rates for smaller loans, while automation and AI enabled a 24% cost-to-income ratio and five consecutive halves of positive cash NPAT. FY25 targets include 20% cash ROE and 9% NIM.