Plenti Group Limited reports strong financial and operational results for FY24, with a 21% increase in the loan portfolio to $2.1 billion and a 47% revenue growth to $211 million.
The partnership with NAB, technology enhancements, and improved credit performance contributed to a successful year.
The cost-to-income ratio improved to 26.5%, and the company completed two ABS transactions totaling over $2.1 billion.
Plenti aims for growth, profitability, and efficiency in the next year, focusing on loan originations, NPAT growth, and a reduced cost-to-income ratio.
ASX Code : PLT