Wisr Ltd. Reports Robust Loan Growth and Strategic Advancements
Wisr Ltd. has reported a 101% year-on-year increase in loan origination, marking its third consecutive quarter of loan book growth, exceeding previous guidance of 90%. The company attributes this success to disciplined execution and technology investments. Additionally, Wisr has executed a third warehouse facility, enhancing its financial position for future growth. The latest analyst rating for Wisr Ltd. (AU:WZR) is a Buy with a price target of A$0.06.
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Wisr Ltd. ( (AU:WZR) ) has shared an announcement.
Wisr Ltd. has reported its third consecutive quarter of loan book growth, highlighting a 101% year-on-year increase in loan origination, surpassing its previous guidance of 90%. The company attributes this success to disciplined execution and investments in technology and automation, which have improved efficiency and reduced arrears. Additionally, Wisr has strengthened its financial position by executing a third warehouse facility, indicating strong capitalization for future growth.
The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.
More about Wisr Ltd.
Average Trading Volume: 1,536,224
Technical Sentiment Signal: Hold
Current Market Cap: A$40.45M
For detailed information about WZR stock, go to TipRanks’ Stock Analysis page.
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