Company Solvar Limited

Equities

SVR

AU0000258782

Consumer Lending

Market Closed - Australian S.E. 11:40:05 26/06/2024 am IST 5-day change 1st Jan Change
1.085 AUD 0.00% Intraday chart for Solvar Limited +2.36% -17.80%

Business Summary

Solvar Limited is an Australia-based consumer and commercial finance company, which is engaged in providing of automotive finance. The Company operates through two segments: 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 through three core brands: Money3 and Automotive Financial Services in Australia and Go Car Finance in New Zealand. It offers commercial loans to small businesses and sole traders for the purchase of a vehicle or piece of equipment to support their business operations. The Company also provides strategic corporate customers with fleet funding facilities.

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 - 25/08/25
Director of Finance/CFO - 01/17/01
Chief Tech/Sci/R&D Officer - 01/20/01
Compliance Officer - 01/20/01
Human Resources Officer - 01/21/01
Sales & Marketing - 01/21/01
Sales & Marketing - -
Corporate Officer/Principal - 31/10/31
Corporate Secretary 55 31/16/31

Members of the board

Members of the board TitleAgeSince
Chairman - 29/16/29
Chief Executive Officer - 25/08/25
Director/Board Member 55 27/18/27
Director/Board Member - 01/19/01

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.
15.43 %
32,587,417 15.43 % 21 M $
9,750,000 4.616 % 6 M $
8,565,907 4.056 % 5 M $
Dimensional Fund Advisors LP
3.000 %
6,337,418 3.000 % 4 M $
Black Bass Pty Ltd.
2.208 %
4,662,899 2.208 % 3 M $
Hosking Financial Investments Pty Ltd.
2.150 %
4,541,699 2.150 % 3 M $
DFA Australia Ltd.
1.335 %
2,820,690 1.335 % 2 M $
AFICO Pty Ltd.
1.288 %
2,720,000 1.288 % 2 M $
Dash Growth Ltd.
1.123 %
2,370,983 1.123 % 1 M $
2,353,763 1.114 % 1 M $

Company contact information

Solvar Ltd.

40 Graduate Road Level 1

3083, Bundoora

+

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