Latest News

Cash Converters Announce Half-Year Financial Results

19/02/2018

Cash Converters International Limited (ASX: CCV) (‘Cash Converters’ or the ‘Company’) today announces the Company’s financial results for the half-year ended 31 December 2017 (H1 FY18). 

You can read more here

Cash Converters closes ASIC Enforceable Undertaking

19/02/2018

Cash Converters International Limited (ASX: CCV) (‘Cash Converters’ or the ‘Company’) advises it has successfully completed all commitments made to the Australian Securities and Investments Commission (ASIC) as part of Enforceable Undertaking (EU) relating to concerns over historic lending assessment practices.

For more information, please click here

Cash Converters' Notice of Annual General Meeting

20/10/2017

Cash Converters has announced that its 2017 Annual General Meeting will take place on Thursday 23 November at 10am (AWST). 

For more information, please click here

Cash Converters' Financial Report for year ending June 2017

7/09/2017

Cash Converters has today released its Financial Report for the year ending June 2017. 

You can read the full report here.  

Cash Converters announces FY2017 financial results

22/08/2017

Cash Converters International Limited (ASX: CCV) ('the Company') is pleased to announce its FY2017 financial results. 

You can read more here.

Cash Converters announces strategic management changes

31/05/2017

Cash Converters International Limited (ASX: CCV) ('the Company') is pleased to announce further changes to its senior management team as the company continues to progress through a period of strategic transition.

 

You can read more here.

Cash Converters half year results 2017

28/02/2017

Cash Converters International Limited (ASX: CCV) (‘the Company’) has delivered Revenue for the six months to 31 December 2016 of $143.5 million, and a Net Profit After Tax (NPAT) from continuing operations of $11.5 million, which while down 27.9% on the previous year is in line with expectations. 

Recently appointed Chief Executive Officer, Mark Reid, commented: “Following the announcement in 2016 of a new strategy for the Company focused on building sustainable growth for the long term, this is a pleasing result. The Company is progressing through a period of strategic transition and during the half year we achieved a number of milestones in this regard on or ahead of schedule."

You can read more here

Appointment of two new Board Directors

14/02/2017

Cash Converters  is pleased to advise that Ms Ellen Comerford and Ms Andrea Waters have been appointed to the board of directors, with effect from 9 February 2017.  

Ms Comerford has over 30 years of financial services experience across a range of banking and insurance businesses. Ms Waters is a Chartered Accountant with an extensive career at KPMG, as a Financial Services Audit Partner (until 2012), specialising in managed investments and superannuation.
 
You can read more about these appointments here
 

Strategic Management Changes

18/01/2017

Following a number of strategic changes in 2016,  the Company is now focused on sustainable, compliant growth, with tight management oversight that balances risk with return. The early success seen in moving to a master franchise position in the UK has also identified a significant potential opportunity in further developing this business in other new markets. 

As a result, there is a repositioning of roles within the executive management team that we believe will ensure the success of the execution of the strategy:  

• Peter Cumins, current CEO & MD will move to the role of Executive Deputy Chairman and will have primary responsibility for driving potential growth of the international franchising business; and  

• Mark Reid, the current CEO Australia will move to the role of CEO (CCV) reporting directly to the Chairman, Mr Stuart Grimshaw and the Board of Directors. This change will involve Mark assuming full responsibility and accountability for all of the operations of CCV.

Full details

Trading Update - First Quarter

14/11/2016

The net profit for the period was $6.3 million and is in line with the Company forecast. The first quarter result benefits from the timing of interest earned on higher loan volumes written in the second half of the previous year. The Company confirms guidance previously given to the market of full year 2017 NPAT being in the range of $20.0 to $23.0 million.  Full details