Pepper Money Reports Full Year 2023 Earnings

In this article:

Pepper Money (ASX:PPM) Full Year 2023 Results

Key Financial Results

  • Revenue: AU$417.7m (down 7.3% from FY 2022).

  • Net income: AU$110.7m (down 22% from FY 2022).

  • Profit margin: 27% (down from 31% in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pepper Money Earnings Insights

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.5% decline forecast for the Diversified Financial industry in Australia.

Performance of the Australian Diversified Financial industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Pepper Money (1 is concerning!) that we have uncovered.

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