Prospa Group Limited

PGL

AU0000046740

Consumer Lending

Market Closed - Australian S.E. Other stock markets 08:22:17 2024-04-25 pm EDT			5-day change	1st Jan Change
0.42 ^AUD	0.00%		0.00%	+10.53%

Apr. 05	Prospa Group Prices Third ABS of AU$200 Million	MT
Feb. 27	Prospa Group Shares Close 13% Higher on Swinging to Profit in Fiscal H1	MT

A consortium led by Salter Brothers Tech Trust No. 1., managed by Salter Brothers Asset Management Pty Ltd signed a deed to acquire Prospa Group Limited

February 26, 2024

A consortium led by Salter Brothers Tech Trust No. 1., managed by Salter Brothers Asset Management Pty Ltd signed a deed to acquire Prospa Group Limited (ASX:PGL) on February 27, 2024.

Latest news about Prospa Group Limited

Prospa Group Prices Third ABS of AU$200 Million	Apr. 04	MT
Prospa Group Shares Close 13% Higher on Swinging to Profit in Fiscal H1	Feb. 27	MT
Transcript : Prospa Group Limited, H1 2024 Earnings Call, Feb 27, 2024	Feb. 26
A consortium led by Salter Brothers Tech Trust No. 1., managed by Salter Brothers Asset Management Pty Ltd signed a deed to acquire Prospa Group Limited	Feb. 26	CI
Prospa Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 26	CI
Australian Shares Flat as Mining Gains Barely Offset Other Sectors' Losses	Jan. 24	MT
Prospa to Acquire Zip Business Loan Portfolio; Shares Up 4%	Jan. 23	MT
Prospa Group Limited entered into an agreement to acquire in Zip Business loan portfolio from Zip Co Limitedfor ) for approximately AUD15.6 Million.	Jan. 23	CI
Transcript : Prospa Group Limited - Shareholder/Analyst Call	Nov. 15
Transcript : Prospa Group Limited, 2023 Earnings Call, Aug 30, 2023	23-08-30
Prospa Group Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-29	CI
Prospa Group Secures AU$12 Million Debt Facility	23-07-07	MT
Transcript : Prospa Group Limited, H1 2023 Earnings Call, Feb 24, 2023	23-02-23
Prospa Group Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-23	CI
Prospa Group Limited's Equity Buyback announced on February 16, 2022, has expired.	23-02-15	CI
Transcript : Prospa Group Limited - Shareholder/Analyst Call	22-11-08
Transcript : Prospa Group Limited, 2022 Earnings Call, Aug 25, 2022	22-08-24
Prospa Group Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-08-24	CI
Prospa Group Limited Announces Executive Changes	22-05-31	CI
Prospa Group Limited authorizes a Buyback Plan.	22-02-15	CI
Transcript : Prospa Group Limited, H1 2022 Earnings Call, Feb 16, 2022	22-02-15
Prospa Group Limited announces an Equity Buyback for 16,000,000 shares, representing 9.72% of its issued share capital.	22-02-15	CI
Prospa Group Limited Reports Earnings Results for the Half Year Ended December 31, 2021	22-02-15	CI
Credit Clear Extends Remote Deployment of Digital Platform to New Zealand	21-12-01	MT
Transcript : Prospa Group Limited - Shareholder/Analyst Call	21-11-23

Prospa Group Ltd is an Australia-based financial technology company. The Company is a provider of cash flow products and services. The Companyâs operations consist primarily of the provision of loans to small businesses in Australia and New Zealand. It facilitates referrals and customer acquisitions from a network of distribution partners, including finance brokers, aggregator networks, online affiliates, accountants and other advisers. The purpose-built credit decision engine (CDE) enables approvals and adoption of dynamic risk-based pricing, where interest rates associated with a facility are based on credit risk assessments for individual customers. Its CDE allows the business to quickly evaluate opportunities and potential risks across the portfolio. Its product suite includes a Small Business Loan and a Line of Credit. The Company has launched Prospa Plus Business Loans, offering higher credit quality for small to medium enterprises (SME).

Sector

Consumer Lending

More about the company

Income Statement Evolution

More financial data

Annual profits - Rate of surprise

Company calendar

Sector Other Consumer Lending

	1st Jan change	Capi.
PROSPA GROUP LIMITED	+10.53%	44.96M
BAJAJ FINANCE LIMITED	-8.14%	49.88B
BAJAJ FINSERV LTD.	-5.25%	30.53B
JIO FINANCIAL SERVICES LIMITED	+63.88%	29.08B
ORIX CORPORATION	+20.03%	23.38B
SYNCHRONY FINANCIAL	+16.97%	17.94B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	-6.99%	11.81B
SHRIRAM FINANCE LIMITED	+21.92%	11.27B
SOFI TECHNOLOGIES, INC.	-20.90%	8.31B
MUTHOOT FINANCE LIMITED	+14.34%	8.13B

Other Consumer Lending

Prospa Group Limited

Equities

PGL

AU0000046740

Consumer Lending

A consortium led by Salter Brothers Tech Trust No. 1., managed by Salter Brothers Asset Management Pty Ltd signed a deed to acquire Prospa Group Limited

Latest news about Prospa Group Limited

Chart Prospa Group Limited

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Other Consumer Lending