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MoneyMax posts 2.8% increase in FY2023 earnings to $22.7 mil; expects to maintain profitability in FY2024

Samantha Chiew
Samantha Chiew • 2 min read
MoneyMax posts 2.8% increase in FY2023 earnings to $22.7 mil; expects to maintain profitability in FY2024
MoneyMax sees record results in FY2023.
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Local pawnbroking operator MoneyMax announced that its FY2023 ended Dec 31, 2023, earnings were 2.8% higher y-o-y at $22.7 million from $22.1 million a year ago.

This was on top of a 12.7% y-o-y increase in revenue to $285.7 million from $253.5 million last year.

For the 2HFY2023 period, revenue was 32.3% higher y-o-y at $156.2 million, while earnings were 41.8% higher y-o-y at $13.0 million.

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