bullish
Cash Converters International Ltd: Delivering to the Brief
SUMMARY
- Cash Converters International (ASX:CCV) is a consumer finance company operating as a service provider, owner and franchisor of second-hand goods and financial services stores in Australia and internationally.
- CCV has released an unaudited trading update for FY24, which it generally does at the end of each period prior to a formal results release, with revenue growth of 26% over the previous corresponding period (pcp) to $382.6m.
- The gross loan book has grown 6% to $288m, which is all the more impressive as the business transitions away from SACC products due to regulatory change, more than offset by growth in other products, domestically and internationally.
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- Cash Converters International Ltd: Delivering to the Brief05 Aug 2024
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