Company Solvar Limited

Equities

SVR

AU0000258782

Consumer Lending

Market Closed - Australian S.E. 02:10:12 2024-05-03 am EDT 5-day change 1st Jan Change
0.945 AUD -1.05% Intraday chart for Solvar Limited -3.08% -28.41%

Business Summary

Solvar Limited is an Australia-based consumer and commercial finance company. The Company specializes in providing flexible secured and unsecured vehicles and personal loans to customers. The Company’s segments include Australia and New Zealand. The Australia segment provides lending facilities in Australia generally based on the provision of an underlying asset as security, generally referred through a broker or distributed directly through digital channels. The New Zealand segment provides lending facilities in New Zealand generally based on the provision of an underlying asset as security, generally referred through a dealer. The Company operates three core brands, including Money3 and Automotive Financial Services in Australia and Go Car Finance in New Zealand. It specializes in the provision of finance and other related services to assist consumers with the purchase of a new or used vehicle, as well as offering unsecured personal loans to consumers.

Number of employees: 273

Sales per Business

AUD in Million2022Weight2023Weight Delta
Broker
75.0 %
137 73.0 % 157 75.0 % +14.57%
Dealer
25.0 %
51 27.0 % 52 25.0 % +2.97%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
75.0 %
137 73.0 % 157 75.0 % +14.57%
New Zealand
25.0 %
51 27.0 % 52 25.0 % +2.97%

Managers

Managers TitleAgeSince
Chief Executive Officer - 08-04-24
Director of Finance/CFO - 17-10-31
Chief Tech/Sci/R&D Officer - 19-12-31
Compliance Officer - 20-03-31
Human Resources Officer - 21-10-31
Sales & Marketing - 21-07-31
Sales & Marketing - -
Corporate Officer/Principal - 10-05-30
Corporate Secretary 55 16-10-30

Members of the board

Members of the board TitleAgeSince
Chairman - 16-01-28
Chief Executive Officer - 08-04-24
Director/Board Member 55 18-11-26
Director/Board Member - 19-08-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 209,988,000 167,040,170 ( 79.55 %) 0 79.55 %

Shareholders

NameEquities%Valuation
Thorney Investment Group Australia Pty Ltd.
15.52 %
32,587,417 15.52 % 23 M $
9,750,000 4.643 % 7 M $
8,565,907 4.079 % 6 M $
Dimensional Fund Advisors LP
3.018 %
6,337,418 3.018 % 4 M $
Black Bass Pty Ltd.
2.221 %
4,662,899 2.221 % 3 M $
Hosking Financial Investments Pty Ltd.
2.163 %
4,541,699 2.163 % 3 M $
AFICO Pty Ltd.
1.295 %
2,720,000 1.295 % 2 M $
DFA Australia Ltd.
1.286 %
2,700,245 1.286 % 2 M $
Dash Growth Ltd.
1.129 %
2,370,983 1.129 % 2 M $
2,353,763 1.121 % 2 M $

Company contact information

Solvar Ltd.

40 Graduate Road Level 1

3083, Bundoora

+

http://www.money3.com.au
address Solvar Limited(SVR)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.945 AUD
Average target price
1.23 AUD
Spread / Average Target
+30.16%
Consensus
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