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<WIRE> Prospa Group Says Qtrly Revenue Up 40%



Prospa Group (ASX:PGL) reported that its quarterly revenue was up 40% to $75 million. The company also disclosed that its full-year revenue for FY23 was $286 million, representing a 61% increase compared to the previous year. However, Prospa Group expects to report an EBITDA loss of $29 million for FY23, compared to a profit of $12.1 million in FY22. Excluding non-cash ECL provision expenses totaling $58 million, the company anticipates adjusted EBITDA to be a profit of $29 million.


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