
Beforepay profit surges 57pc as record average wage advances underpin growth strategy
Pay-advance provider Beforepay Group (ASX: B4P) has posted a 57 per cent jump in cash net profit after tax to $15.7 million for the year to 30 June, driven by a sharp rise in the average size of advances issued to customers as the company deliberately shifts its focus toward higher-value users. Total advances grew 19 per cent to $963.2 million ...

