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MME

MoneyMeASX:MME Stock Report

Market Cap

AU$349.7m

7D

0.5%

1Y

32.9%

Updated

20 Oct, 2021

Data

Company Financials +
MME fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MME Overview

MoneyMe Limited operates in the digital consumer credit business in Australia.

Rewards

Earnings are forecast to grow 67.52% per year

Risk Analysis

No risks detected for MME from our risk checks.

MoneyMe Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MoneyMe
Historical stock prices
Current Share PriceAU$2.00
52 Week HighAU$1.29
52 Week LowAU$2.48
Beta0
1 Month Change1.01%
3 Month Change-1.48%
1 Year Change32.89%
3 Year Changen/a
5 Year Changen/a
Change since IPO60.00%

Recent News & Updates

Feb 15
Would Shareholders Who Purchased MoneyMe's (ASX:MME) Stock Year Be Happy With The Share price Today?

Would Shareholders Who Purchased MoneyMe's (ASX:MME) Stock Year Be Happy With The Share price Today?

It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly...

Shareholder Returns

MMEAU Consumer FinanceAU Market
7D0.5%4.1%1.7%
1Y32.9%12.5%20.2%

Return vs Industry: MME exceeded the Australian Consumer Finance industry which returned 12.5% over the past year.

Return vs Market: MME exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is MME's price volatile compared to industry and market?
MME volatility
MME Beta0
Industry Beta1.97
Market Beta1

Stable Share Price: MME is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MME's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aClayton Howeshttps://www.moneyme.com.au

MoneyMe Limited operates in the digital consumer credit business in Australia. It offers personal, cash, short term, quick, express, and small loans; and line of credit and credit cards. The company was founded in 2013 and is based in Sydney, Australia.

MoneyMe Fundamentals Summary

How do MoneyMe's earnings and revenue compare to its market cap?
MME fundamental statistics
Market CapAU$349.74m
Earnings (TTM)-AU$7.93m
Revenue (TTM)AU$16.08m

21.3x

P/S Ratio

-43.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MME income statement (TTM)
RevenueAU$16.08m
Cost of RevenueAU$0
Gross ProfitAU$16.08m
ExpensesAU$24.01m
Earnings-AU$7.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.046
Gross Margin100.00%
Net Profit Margin-49.32%
Debt/Equity Ratio744.9%

How did MME perform over the long term?

See historical performance and comparison

Valuation

Is MoneyMe undervalued compared to its fair value and its price relative to the market?

8.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MME's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MME's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MME is unprofitable, so we can't compare its PE Ratio to the Australian Consumer Finance industry average.

PE vs Market: MME is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MME's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MME is overvalued based on its PB Ratio (8.5x) compared to the AU Consumer Finance industry average (1.9x).


Future Growth

How is MoneyMe forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

67.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MME is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: MME is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MME's is expected to become profitable in the next 3 years.

Revenue vs Market: MME's revenue (46.1% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: MME's revenue (46.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MME's Return on Equity is forecast to be high in 3 years time (25.6%)


Past Performance

How has MoneyMe performed over the past 5 years?

-64.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MME is currently unprofitable.

Growing Profit Margin: MME is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MME is unprofitable, and losses have increased over the past 5 years at a rate of 64.9% per year.

Accelerating Growth: Unable to compare MME's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MME is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (171.9%).


Return on Equity

High ROE: MME has a negative Return on Equity (-19.71%), as it is currently unprofitable.


Financial Health

How is MoneyMe's financial position?


Financial Position Analysis

Short Term Liabilities: MME's short term assets (A$333.5M) exceed its short term liabilities (A$5.0M).

Long Term Liabilities: MME's short term assets (A$333.5M) exceed its long term liabilities (A$300.7M).


Debt to Equity History and Analysis

Debt Level: MME's debt to equity ratio (744.9%) is considered high.

Reducing Debt: Insufficient data to determine if MME's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable MME has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MME is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.8% per year.


Dividend

What is MoneyMe current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MME's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MME's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MME's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Clayton Howes

no data

Tenure

AU$1,252,204

Compensation

Mr. Clayton Howes serves as Director, Managing Director and Chief Executive Officer at Moneyme Limited. Mr. Howes is a co-founder of MoneyMe since its inception. Mr. Howes has experience in the development...


CEO Compensation Analysis

Compensation vs Market: Clayton's total compensation ($USD936.23K) is above average for companies of similar size in the Australian market ($USD547.68K).

Compensation vs Earnings: Clayton's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MME's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: MME's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MoneyMe Limited's employee growth, exchange listings and data sources


Key Information

  • Name: MoneyMe Limited
  • Ticker: MME
  • Exchange: ASX
  • Founded: 2013
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$349.738m
  • Shares outstanding: 171.44m
  • Website: https://www.moneyme.com.au

Location

  • MoneyMe Limited
  • 131 Macquarie Street
  • Level 3
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.