Financial performance

Mortgage Choice was listed on the Australian Stock Exchange in August 2004 (ASX sign: MOC). In September 2013 we were also added to the S&P/ASX 300 Index.

Financial highlights for the 6 months to 31 December 2016

  • NPAT on a cash basis was $11.7 million, up 16.2% from $10.1 million in 1H16.
  • NPAT IFRS was $11.1 million, up 6.4% from $10.7 million in 1H16. 
  • $6.4 billion in home loans were settled in 1H17, up 2.4% from $6.2 billion in 1H16. 
  • Total loan book reached $52.4 billion, up 3.3% from $50.7 billion in 1H16. 
  • Mortgage Choice Financial Planning (MCFP) delivered its first interim profit result. 
  • MCFP Funds Under Advice climbed 35.8% from $311.6 million in 1H16 to $423.1 million in 1H17. 
  • MCFP insurance Premiums Inforce surged past the $20 million milestone, reaching $22 million – up 27.8% from $17.2 million in 1H16. 
  • Cash earnings per share at 9.4 cents compared to 8.1 cents in 1H16. 
  • A record interim dividend of 8.5 cents per share was declared by the Board, up from 8.0 cents in 1H16.

Annual financial summaries