- Revenue Growth of 16.4% to $272.7m
- Net Profit after tax was $32.9m up 11.7% on the previous year
- EBITDA up 37.5% to$40.7m
- Growth of online personal loans in Australia up 89% to $26.9m
- 3 Greenfield company owned stores opened in Australia and 9 franchises were acquired taking the number of corporate stores to 55
Dividends:
- over $15m was paid out in dividends
- Pay out ratio of approx 52% of net profit after tax.
From looking at the previous 4 years financial statements, it is clear Cash Converters are a company heading in the right direction. They have continued to make stronger profits year on year:
- Profit in 2010: $21.6m
- Profit in 2011: $27.6m
- Profit in 2012: $29.4m
- Profit in 2013: $32.9m
You can view the financial reports online at http://www.cashconverters.com/Investors/AnnualReports
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