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.