humm Group Reports Strong 1H25 Results with 119% Profit Growth.

Feb 18, 2025

humm Group (ASX: HUM) has announced a 119% increase in cash profit (after tax) to AU$29.8 million for 1H25, supported by a 14% rise in assets under management (AUM) to AU$5.3 billion. Statutory net profit surged 555% to AU$27.3 million, while cash earnings per share grew 124% to 11.0 cents. The company also declared a fully franked interim dividend of 1.25 cents per share, up 67% from 1H24. 

The Commercial Finance segment delivered 35% growth in cash profit to AU$26.5 million, while Consumer Finance recorded an 8% increase in volume to AU$1.2 billion. The company is set to launch a regulated hybrid loan product in Australia in Q4FY25, expanding its market presence. With a stable net interest margin of 5.5%, record-low credit losses, and a strong balance sheet, humm Group continues to drive sustainable growth. 

 

 

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