FY22 Investor Presentation
Leading funding model delivers
efficient cost of funds and use of
capital
Diversified funding model delivers
• Funding from 3 of the "Big 4" banks, securitisation
program and transition to warehouse funding 94%
complete, reduced pro forma cost of funds by
180bps.
• Floating rate borrowings 73% hedged.
.
H
Capital efficient with borrowings 93% of loan book
(incl. restricted cash).
Warehouse unused capacity $323m to support
portfolio growth.
Unrestricted cash $35m, A$5m undrawn corporate
debt and positive cash from operating activities.
HARMONEY ©2022
FY22 INVESTOR PRESENTATION
Deep
Consumer
Lower
High
Lower
Lower
Fixed
+
CAC
Losses
+
Funding +
Opex
Costs
Shareholder
Returns
Data+
Machine
Learning+
Automation
Average funding rate
6%
5%
4%
180bps
Reduction
3%
FY21
FY22
31 AUGUST 2022
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