Axsesstoday sees 94% increase in NPAT from FY17

Company News

by Rachael Jones

Funding solutions company Axsesstoday (ASX:AXL) has seen a NPAT of $7 million for the 12 months to the end of June – this is up 94 per cent on FY17 and in-line with the Company’s upgraded guidance.

Their net loan receivables of $336m to the 30 June this year, up 100 per cent from the same time last year.

Financial year 2019 underlying NPAT is expected to be $12.5-13.0m, an increase of 80 per cent.

This forecast includes the cost of the Company’s ongoing investment in technology and new strategic initiatives.

Shares in Axsesstoday (ASX:AXL) up 3.67 per cent to $2.40.
 

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