at least 15% (1.3%+ reduction on FY21) Harmoney Corp Limited CEO and Managing Director David Stevens commented: “Harmoney’s 1H FY22 performance was outstanding and demonstrates the power of our 100% consumer-direct model.
We have delivered record new originations, a stronger loan book, improved net lending margin and Cash NPAT profitability.
This performance means we are well placed to meet our FY22 market guidance.
Harmoney has been able to attract and retain more customers than ever before and we look forward to delivering on our mission of helping more Aussies and Kiwis achieve their life goals through our friendly, fair and simple to use financial products.” Harmoney Corporation Limited has achieved record growth in new originations and cash NPAT profitability in the first half of FY22.
The Group's loan book reached $557 million, up 19%, and Australian new customer originations grew to A$71.4 million, up 452%, with the 100% consumer-direct business model proving successful in the larger Australian market.
The high-quality receivables book has 90+ days arrears at 44bps, down from 58bps pcp.
Harmoney reaff
See more
