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Plenti Group Ltd. ( (AU:PLT) ) has provided an update.
Plenti Group Limited has announced a significant financial turnaround, reporting a profit of $24.757 million for the year ended March 31, 2025, compared to a loss of $14.707 million in the previous year. This remarkable 268.3% increase in profit is attributed to the recognition of deferred tax assets, which boosted the company’s net tangible assets per security. Despite the strong financial performance, no dividends were declared or paid during the period. The company’s Annual General Meeting is scheduled for August 19, 2025, where further details will be provided to shareholders.
The most recent analyst rating on (AU:PLT) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Plenti Group Ltd. stock, see the AU:PLT Stock Forecast page.
More about Plenti Group Ltd.
Plenti Group Limited is a fintech lender that offers innovative financial solutions through smart technology. The company provides automotive, renewable energy, and personal loans, focusing on delivering faster and fairer lending experiences. Since its inception in 2014, Plenti has consistently grown its loan originations, supported by a diverse range of loan products, distribution channels, and funding, alongside exceptional credit performance and continuous innovation.
Average Trading Volume: 55,109
Technical Sentiment Signal: Buy
Current Market Cap: A$150M
See more insights into PLT stock on TipRanks’ Stock Analysis page.