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N1 Holdings boosts revenue and profit as lending business expands

Summary by sharecafe.com.au

N1 Holdings (ASX:N1H) has reported a 25.4% increase in revenue to $10.63m for the half-year ended 31 December 2024, driven by growth in its commercial lending operations. Net profit after tax rose 13.2% to $632,535. The company declared a dividend of 0.3 cents per share, marking its first payout in recent periods. Lending remains primary revenue driver N1’s commercial lending division continued to dominate revenue, contributing 96.2% of the tota…

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sharecafe.com.au

N1 Holdings boosts revenue and profit as lending business expands

N1 Holdings (ASX:N1H) has reported a 25.4% increase in revenue to $10.63m for the half-year ended 31 December 2024, driven by growth in its commercial lending operations. Net profit after tax rose 13.2% to $632,535. The company declared a dividend of 0.3 cents per share, marking its first payout in recent periods. Lending remains primary revenue driver N1’s commercial lending division continued to dominate revenue, contributing 96.2% of the tota…

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sharecafe.com.au broke the news in 23 hours ago on Friday, February 21, 2025.

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