InvestSMART

Pepper Money Limited (ASX: PPM) - Financials

- Current share price for PPM : $1.745

Pepper Money Limited (PPM) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It is one of the is non-bank lenders in the Australian mortgage and asset finance markets. The Company commenced business in Australia in 2000 as a provider of home loans to consumers who fall outside the lending criteria of traditional bank and non-bank lenders, otherwise known in Australia as the non-conforming or mortgage market.

PPM Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2025 $0.90 -154.7 ¢ 22.6 ¢ 26.7 ¢ 100% $1.96 8.03 57.6% 86.8%
2024 $0.89 561.3 ¢ 22.9 ¢ 12.1 ¢ 100% $1.94 6.26 45.3% 22.1%
2023 $0.95 22.4 ¢ 25.9 ¢ 8.5 ¢ 100% $1.88 5.2 38.2% -7.6%

PPM Historical Financials

2025 2024 2023
Net Interest Income ($M) 335.6 341.4 336.1
Net Interest Margin (%) 1.9 1.8 1.7
Non-Interest Income ($M) 170.5 140.1 121
Cost to Income Ratio (%) 50.9 52.6 54.9
Bad & Doubtful Debts ($M) -90.6 -69.3 -39.9
Income Tax Rate (%) 28.6 29.8 26.3
Net Profit Before Abs ($M) 104.6 106.2 114.1
Net Profit After Abs ($M) 104.6 98.8 110.7
Employees ($T)
Shareholders Equity ($M) 869.9 855.6 825.4
Total Assets ($M) 18,399.7 17,472.4 20,207.7
Interest-Earning Assets (%) 98.6 98.6 98.6
Return on Assets (%) 0.6 0.6 0.6
Return on Equity (%) 12 12.4 13.8
Payout Ratio (%) 118 53 33

PPM Cashflow

2025 2024 2023
Interest Received ($M) 1,232 1,408 1,366
Net Operating Cashflow ($M) -714.8 2,598.9 98.3
Net Investing Cashflow ($M) -6 -49 -8
Net Financing Cashflow ($M) 761 -2,852 194

PPM Market & Earnings

2025 2024 2023
Market Cap ($M) 960.1 618.2 541
Dividend Yield (%) 12.4 8.6 6.9
Total Operating Income ($M) 415.5 412.2 417.2
EBT Before Abs ($M) 146.5 147.3 153

PPM Balance Sheet

2025 2024 2023
Short Term Money ($M) 1,267 1,226 1,529
Investment Securities ($M) 15.2 15.3 19.2
Due From Banks ($M)
Loans ($M) 16,854 15,992 18,379
Total Earning Assets ($M) 18,136 17,233 19,927
Customer Acceptance ($M)
Fixed Assets ($M) 18.9 25.4 32
Other Non Earning Assets ($M) 244.6 213.7 248.4
Total Non Earning Assets ($M) 263.5 239.1 280.4
Total Assets ($M) 18,400 17,472 20,208
Due to Banks ($M)
Bank Acceptance ($M)
Deposits ($M)
Provisions ($M) 45.6 40.2 33.1
Bonds ($M) 17,372 16,467 19,257
Other Liabilities ($M) 111.8 109.2 54.8
Total Liabilities ($M) 17,530 16,617 19,345
Net Assets ($M) 869.9 855.6 825.4

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Data shown on this website is sourced by Morningstar
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