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Harmoney Corp Limited (ASX:HMY)

ALERT: Price-sensitive ASX Announcement for HMY
Current share price for HMY : $0.730 -0.2 (-21.51%)+
Announcement
Release
30 Oct 2025 9:39AM
Price at Release
$0.930
Full Release
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Summary
Harmoney Corp Limited's 1Q26 Investor Presentation highlights significant growth and strategic advancements. The company reaffirmed its FY26 profit guidance, projecting a cash NPAT of $12 million, with a 320% CAGR, driven by the Stellare® 2.0 system. The loan book is expected to grow to over $900 million, with a net interest margin of 9%-10% and risk-adjusted income of approximately 6%. Key performance indicators show a continued increase in the loan book and margins, including an 8% growth in the loan book to $833 million, and a 140 bps improvement in net interest income. Harmoney launched a secured auto loan product, enhancing customer leverage and eliminating dealer financing conflicts. The company is capitalized for substantial growth without needing additional equity, supported by reinvested profits and warehouse equity. Harmoney plans to reduce corporate debt by $7.5 million in December 2025 and refinance on better terms, while maintaining diversified funding sources.
Key Points
  • FY26 guidance reaffirmed with a projected cash NPAT of $12 million.
  • Loan book expected to exceed $900 million by year-end.
  • Net interest margin targeted at 9%-10%.
  • Risk-adjusted income anticipated at around 6%.
  • Introduction of secured auto lending product.
  • Capital growth without raising additional equity.
  • Plan to reduce corporate debt by $7.5 million by December 2025.
  • Diversified funding from major Australian banks and ABS issuer.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.