Axsesstoday Limited reported consolidated earnings results for the half year ended December 31, 2017. For the half year, the company reported revenue from continuing operations of AUD 21,484,179 compared to AUD 8,288,976 a year ago. Profit before income tax was AUD 4,543,243 compared to AUD 2,334,874 a year ago. Profit attributable to the owners of the company was AUD 3,166,884 compared to AUD 1,623,499 a year ago. Net cash outflow from operating activities was AUD 89,799,527 compared to AUD 32,601,220 a year ago. Payments for property, plant and equipment was AUD 147,484 compared to AUD 39,358 a year ago. Payments for intangibles were AUD 1,122,834 compared to AUD 41,265 a year ago. Earnings per share from continuing operations attributable to the ordinary equity holders of the company were 5.07 cents compared 4.87 cents a year ago.

The company announced an increase to its previous fiscal year 2018 guidance following continued strong growth in the loan book to AUD 256 million as at 31 December 2017, an increase of 53% from 30 June 2017 and 190% from 31 December 2016. Based on the current growth rate and the annuity income from the current receivables portfolio, the company expects net profit after tax for fiscal year 2018 to be AUD 7.0 million, a 96% increase over the fiscal year 2017 result. The guidance maintains the company's position regarding credit loss provisions and provides ongoing investment in people and systems to support the company's continued growth into the future.