MoneyMax records profit growth of 76.4% YoY in H1 2025
Its revenue also jumped by 31.2% YoY.
MoneyMax Financial Services Ltd. reported a profit of $31.8m in the first half of 2025 (H1 2025), an increase of 76.4% from the $18m profit recorded in the same period last year.
The group’s revenue rose by 31.2% to $242.9m in H1 2025 from $185.2 million in H1 2024.
Revenue growth was primarily driven by a 43.2% year-on-year (YoY) increase in revenue for the retail and trading of gold and luxury items segment to $187.7m and a 7.2% YoY increase in revenue for the pawnbroking segment to $43.2 million.
The growth in revenue for the retail and trading of gold and luxury items segment in H1 2025 was attributed to higher gold prices and increased trading volume, while the increase in revenue for the pawnbroking segment was underscored by higher interest income from an expanded pawnbroking receivables portfolio
Singapore remains the group’s largest market with a revenue of $201.6m for H1 2025.