Business
Moneyme share price rockets 21% higher on strong FY 2020 growth – Motley Fool Australia
The Moneyme Ltd (ASX:MME) share price rocketed as much as 21% higher on Wednesday following the release of its FY 2020 results…
The Moneyme Ltd(ASX: MME) share price was a standout performer on Wednesday.
The digital consumer credit company’s shares were up as much as 21% at one stage before ending the day 11% higher at $1.60.
Why did the Moneyme share price zoom higher?
Investors were buying Moneyme shares following the release of its full year results for FY 2020.
For the 12 months ended 30 June 2020, Moneyme delivered a 49.5% increase in revenue to $47.7 million. This was ahead of its prospectus forecast of $45.8 …
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