Harmoney Corp Limited has delivered a record year, achieving proforma Cash NPAT profitability and exceeding loan book guidance.
The Group's proforma loan book reached $685 million, up 37% on the prior corresponding period (pcp), while the Australian loan book grew to A$287 million, up 113% on pcp.
The high quality loan book has 90+ days arrears at 45bps, down from 58bps pcp.
Harmoney’s unrivalled automation has delivered an attractive net lending margin, with personal risk-based interest rates to prime borrowers, low arrears and credit losses.
Harmoney intends to present its full year FY22 results to the market on Wednesday 31 August 2022.
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