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MoneyMax reports 78.8% y-o-y higher earnings of $29.6 mil for 1HFY2025 from higher gold prices

Nicole Lim
Nicole Lim • 1 min read
MoneyMax reports 78.8% y-o-y higher earnings of $29.6 mil for 1HFY2025 from higher gold prices
The group’s revenue growth for the period was due to increased trading volume in gold and higher prices, and higher interest income from expanded pawnbroking receivables portfolio. Photo: MoneyMax
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MoneyMax Financial Services has reported earnings of $29.6 million for the 1HFY2025 ended June 30, up 78.8% y-o-y.

Revenue for 1HFY2025 grew 31.2% y-o-y to $243 million, and profit for the period grew 76.4% y-o-y to $31.8 million.

The revenue growth in 1HFY2025 was primarily driven by a 43.2% increase in revenue for the retail and trading of gold and luxury items segment to $187.7 million and a 7.2% jump in revenue for the pawnbroking segment to $43.2 million.

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