MoneyMax Financial Services (5WJ) Corporate presentation summary

Network and business model

• More than 100 outlets across Singapore and Malaysia: 51 in Singapore and 55 in Malaysia, including Penang, Selangor, Melaka and Johor.

• Business activities span pawnbroking, retail and trading, automotive financing, property financing and general insurance.

• Pawnbroking offers short-term collateralised loans, backed by assets such as gold; customers can manage pledge loans and pay interest through a mobile app.

• Pawnbroking operations follow KYC and AML compliance requirements.

• Operates a drive-through pawnshop business in Malaysia, emphasizing convenience, security and privacy in high-traffic-congestion areas.

Retail and lending offerings

• Retail concept features contemporary fixtures, curated products and an inviting store environment.

• Products include gold jewellery and bars, novelty gold, diamond and gemset jewellery, pre-owned branded bags and pre-owned timepieces.

• Automotive financing includes hire-purchase financing for COE, new and used cars, supported by a network of over 250 car dealers.

• Property financing serves residential and commercial properties, with flexible loan structures and regulation by the Ministry of Law.

• General insurance offerings include motor, fire, public liability and travel coverage.

FY2024 financial performance

• Revenue was S$390.1m, up 36.5% vs FY2023.

• Profit before income tax was S$52.6m, up 64.1% vs FY2023.

• Profit for the year was S$41.6m, up 65.4% vs FY2023.

• Net margin was 10.7%, up 1.9 percentage points.

• Net asset value reached S$199.3m in FY2024.