Cash Converters International Ltd

As part of its expansion strategy, Cash Converters International (ASX: CCV) will acquire the remaining equity in Cash Converters New Zealand Master Franchisor for $15.5 million in cash. Cash Converters International already has a 25% stake in the New Zealand entity and the remaining 75% will be secured for $15.5 million using available cash reserves. […]

Cash Converters (ASX: CCV) has announced what managing director Sam Budiselik describes as a “watershed year” for the 12 months ending June (FY2022), with revenue rising 22% to $245.9 million. Earnings before interest tax depreciation and amortisation (EBITDA) was up 6% in FY2022 to $52.7 million, while operating net profit after tax increased 26% to […]

Cash Converters (ASX: CCV) has continued its strong lending momentum through another three-month period, unveiling a 20% growth in its loan book for the June quarter (Q4 FY2022) compared to Q4 FY2021. The unaudited fourth quarter results released by the Perth-based personal finance and secondhand retail company highlighted its total gross loan book increased to […]

Cash Converters (ASX: CCV) has continued its strong lending momentum past the traditionally busy Christmas period, posting a 21% growth in its loan book for the March quarter. In the unaudited third quarter results released today, Australia’s leading sub-prime lender and second-hand goods retailer reported its total gross loan book increasing to $203.7 million with […]