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BUZZ-Aussie business lender Judo Capital hits over 3-year high on strong profit growth

ReutersFeb 17, 2025 11:47 PM

Shares of Australian business lender Judo Capital JDO.AX rise 7.5% to A$2.08, their highest level since February 7, 2022

JDO among top gainers in the ASX200 benchmark index .AXJO

JDO marks its fourth consecutive session of gains, best intraday jump since August 20, 2024

Reports 1H25 underlying pre-tax profit of A$56.7 million ($36.00 million), up 33% from last year

Reiterates FY25 guidance of 15% growth in pre-tax profit

JDO stock up 15.4% this year, including the day's move

($1 = 1.5748 Australian dollars)

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