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Cash Converters International Limited ( (AU:CCV) ) has shared an announcement.
Cash Converters International Limited announced strategic growth through franchise acquisitions in Australia and the UK/Europe, alongside the introduction of new smaller store formats offering high-margin luxury goods. The company has processed over 500,000 applications in Australia using proprietary machine learning credit models, and its strategic business transformation has delivered profit growth. The company has paid five consecutive annual dividends and is focused on expanding its store network and growing new loan books.
The most recent analyst rating on (AU:CCV) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Cash Converters International Limited stock, see the AU:CCV Stock Forecast page.
More about Cash Converters International Limited
Cash Converters International Limited is an Australian-founded company that has grown into a global network of 659 stores across 15 countries. The company offers an integrated store and digital channel experience, focusing on lending and repurposed retail. It provides responsible credit solutions for underserved customers and emphasizes longer-term products with lower borrowing costs. The company is also committed to the circular economy, having repurposed over 1.7 million items in Australia in FY25.
Average Trading Volume: 817,963
Technical Sentiment Signal: Buy
Current Market Cap: A$204M
See more data about CCV stock on TipRanks’ Stock Analysis page.