MoneyMax Financial Services has reported earnings of $42 million for its 2HFY2025, an increase of 94.3% y-o-y. This brings its full year earnings to $71.7 million, up 87.6% over the preceding FY2024 ended Dec 2024.
The company attributes the stronger numbers to its retail and trading of gold and luxury items segment, which won over more customers and "favourable" gold prices.
MoneyMax's pawnbroking segment did well too, with revenue up 46.2% to $97.1 million in FY2025, on higher interest income from an expanded pawnbroking receivables portfolio.
As at Dec 31 2025, the company held cash and cash equivalents of $28.4 million, up slightly from $25.3 million a year earlier.
The company plans to pay a first and final dividend of 1.50 cents per share, and a special dividend of 0.50 cents, representing a payout ratio of 24.7%.
Lim Yong Guan, executive chairman and CEO, calls FY2025 a "strong year" for the company, with continued expansion of its pawnbroking network across Singapore and Malaysia, favourable gold prices and prudent capital management.
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"Building on this momentum, we remain focused on executing our strategy, pursuing strategic opportunities and delivering sustainable growth in the year ahead," he adds.
MoneyMax Financial Services shares closed at 99 cents on Feb 23, up 8.2% for the day.
