MONOOVA FUNDING ACCOUNT — LIVE BALANCE
SIMULATED
$284,873
+$0
+0.00% today
DAY OPEN
$268,000
DAY HIGH
$284,873
DAY LOW
$268,000
VELOCITY
0 tx/min
NEXT BATCH
-- min
TX TODAY
351
STATUS
COLLECTING
Monoova Funding Account — Intraday Balance Movement
Every collection increases balance · Every loan disbursed decreases balance · Batch events create spikes
▲ Collection
▼ Disbursement
◆ Batch
Collected Today
$83,282
247 transactions
87.0% rate
Dishonoured
$20,648
38 DDs
Retry queued
Loans Lent Today
$39,300
66 loans
$595 avg
Net Daily Position
+$43,934
Collected − Lent
Cash positive
Pending Clearance
$88,502
In transit
263 DDs
Tomorrow Expected
$134,401
Next clearance est.
+ today pending
Intraday Collections LIVE
Cumulative collections vs disbursements — today
In (Collections)
$83,282
Out (Loans)
$39,300
Net
+$43,982
Hourly Collections
$ collected per hour — business hours
Live LVR Tracker MONITORED
Recalculates with every transaction
Current LVR
67.7%
vs 70.0% ceiling
0%70% ceiling100%
$ Headroom
$50,368
Asset Base
$2.21M
Active Loans
6,819
Collect Rate
87.0%
Live Transactions STREAMING
0/min
DD +$412.50 — #4821 NSW
09:14
Loan −$600 — QLD
09:13
DD +$287.00 — #2934 VIC
09:12
✗ NSF $543.00 — #3847
09:11
DD +$550.00 — #1122 QLD
09:10
Loan −$400 — NSW
09:09
DD +$195.00 — #5501 SA
09:08
Today Summary
Total in$83,282
Total out$39,300
Dishonours$20,648
Net position+$43,982
Daily Metrics Table — 5 March 2026 LIVE
| Metric | Today ($) | Count | Avg Size | vs Yesterday | vs Feb Daily Avg |
|---|---|---|---|---|---|
| ✓ DD Collections (cleared) | $83,282 | 247 | $337 | ↑ +2.1% | ↑ +36% |
| ✗ DD Dishonoured | $20,648 | 38 | $543 | ↑ +4 | Similar |
| ⏳ DD Pending / In Transit | $88,502 | 263 | $337 | — | — |
| ↑ New Loans Disbursed | $39,300 | 66 | $595 | ↑ +8.4% | ↑ +43% |
| 📦 Tomorrow Expected | $134,401 | — | — | — | — |
| Net Daily Position | +$43,934 | 351 tx | — | Positive | Strong |
Active Book
$2.43M
Growing daily
↑ Book growth
Active Loans
6,819
Open accounts
Collected Today
$83.3K
87% success
Pending EOD
$88.5K
Feb Yield
25.9%
VL Rate (90d)
3.35%
vs 10% limit
67% below ceiling
LVR
67.7%
vs 70.0% ceiling
$50K headroom
Facility Drawn
$1.50M
of $5.0M total
Returning Rate
50.4%
Zero CAC
Op. Account
$101K
Min $100K
$1.1K buffer
Book Growth
Active principal — last 8 months
Monthly Originations
Loans and value
Arrears Profile
VL Trend
90-day vs 10% limit
LVR Monitor
vs 70% ceiling
Covenant Status
Vintage Loss
✓ PASS
3.35%
Max 10.0% · 6.65pp headroom
LVR
⚠ WATCH
67.7%
Max 70.0% · $50K headroom
Operating Account
⚠ WATCH
$101K
Min $100K · $1.1K buffer
First Loss Reserve
✓ PASS
5.0%
Min 5.0% · $75K
Facility Utilisation
$1.5M drawn$3.5M available
30% utilised of $5M total facility
WAL
~11wk
CPR
~420%
Recycling
4.7×/yr
Avg Loan
$356
Eligible %
79.5%
Returning
50.4%
Current (0 DPD)
$1.62M
66.6% of book
1–30 DPD
$312K
12.9%
31–60 DPD
$181K
7.4%
61–90 DPD
$147K
6.0%
90+ DPD
$170K
7.0%
Eligible ≤30 DPD
$1.93M
79.5% of book
VL (90-day)
3.35%
vs 10% limit
Net Loss Est.
~2.0%
Post 37% recovery
DPD Stratification
Principal by days past due
Arrears Composition
% share
Arrears Trend vs Review Event Thresholds
1–30 ≤6%, 31–60 ≤5%, 61–90 ≤4%
VL Rate — Historical Trend
90-day vs 10% covenant
Employment Mix
87% wages-employed
Payment Frequency
50.3% fortnightly
Arrears Detail Table
| DPD Bucket | Principal | % Book | Count | Avg | Eligible? | Status |
|---|---|---|---|---|---|---|
| Current — 0 DPD | $1,617,513 | 66.6% | 4,542 | $356 | Yes | ✓ Prime |
| 1–30 DPD | $312,425 | 12.9% | 877 | $356 | Yes | ✓ Eligible |
| 31–60 DPD | $180,511 | 7.4% | 507 | $356 | No | ⚠ Watch |
| 61–90 DPD | $146,637 | 6.0% | 412 | $356 | No | ⚠ Watch |
| 90+ DPD | $169,736 | 7.0% | 481 | $353 | No | ✗ Bad Debt |
| Total Active | $2,426,822 | 100% | 6,819 | $356 | $1,929,938 | 79.5% Eligible |
1–30 Cure Rate
41.2%
Return to current/mo
31–60 Cure Rate
22.4%
61–90 Cure Rate
8.3%
1–30 Roll Fwd
18.9%
Deteriorate to 31-60
31–60 Roll Fwd
22.7%
61–90 Roll Fwd
27.6%
Month-on-Month DPD Transition Matrix
% of prior-month balance transitioning between buckets. Green diagonal = stable. Right of diagonal = worsening. Left = improving.
| From ↓ / To → | Current (0) | 1–30 DPD | 31–60 DPD | 61–90 DPD | 90+ DPD | Paid Off |
|---|---|---|---|---|---|---|
| Current — 0 DPD | 72.4% | 11.2% | — | — | — | 16.4% |
| 1–30 DPD | 41.2% | 28.7% | 18.9% | — | — | 11.2% |
| 31–60 DPD | 22.4% | 19.8% | 24.6% | 22.7% | — | 10.5% |
| 61–90 DPD | 8.3% | 11.4% | 18.2% | 28.4% | 27.6% | 6.1% |
| 90+ DPD | 2.1% | 4.8% | 7.2% | 14.6% | 58.4% | 12.9% |
Cure Rate by DPD Bucket
% returning to current within 30 days
Roll Forward Rate
% deteriorating to next worse bucket
Cure Rate Trend — 1–30 DPD
Improving — underwriting tightening
Roll Forward Trend — 1–30 DPD
Declining — good sign
Current VL (90d)
3.35%
Feb 2026
Peak VL (90d)
11.4%
Nov 2025
VL Improvement
−8.05pp
Since peak
Recovery Rate
35–40%
On charged-off
Net VL Est.
~2.0%
Post-recovery
Covenant Headroom
6.65pp
Sold / Bad Debt
1,106
5.3% of all
Total Originated
20,882
Vintage Loss Rate — Full History IMPROVING
90-day VL. Peaked Nov 2025 (11.4%). Recovered to 3.35% Feb 2026.
Originations — Count
Originations — Value
Cumulative Loss Curves by Cohort Quarter
Later cohorts improving significantly — underwriting enhancements visible from Q1 2026.
Feb Attempted
$1.96M
Feb Collected
$1.42M
72.3%
Feb Dishonoured
$541K
Feb Revenue
$366K
25.9% yield
Today Collected
$83.3K
Today Pending
$88.5K
Today Dishonoured
$20.6K
Tomorrow Est.
$134.4K
February 2026 — Collections Waterfall
Collection Rate Trend
Improving month on month
Today's Collections — 5 March 2026 INTRADAY
| Category | Monoova | Ezidebit | Total | Status |
|---|---|---|---|---|
| ✓ Collected | $81,438 | $1,844 | $83,282 | Cleared |
| ⏳ Pending | $74,816 | $13,686 | $88,502 | In Transit |
| ✗ Dishonoured | $12,543 | $8,105 | $20,648 | Retry |
| ↑ New Loans Out | $39,300 | — | $39,300 | Disbursed |
| Success Rate | 87.0% | Strong | ||
Vintage Loss Rate (90-day)
✓ COMPLIANT
3.35%
Maximum 10.0% · 6.65pp headroom
Improving strongly since Nov 2025 peak. 3× below limit.
Loan-to-Value Ratio
⚠ MONITOR
67.7%
Maximum 70.0% · $50,368 headroom
Formula: $1.5M ÷ ($284,873 + $1,929,938). April draw requires book growth.
Operating Account
⚠ MONITOR
$101,123
Minimum $100,000 · $1,123 buffer
Critically thin. Xero/Monoova reconciliation ~$1M gap unresolved.
First Loss Reserve
✓ COMPLIANT
5.0%
Minimum 5.0% · $75,000
Met exactly. $12.5K additional FLR per $250K draw.
LVR Trajectory — 2026
Arrears vs Review Event Thresholds
Interactive LVR Calculator
Debt Outstanding ($)
Eligible Principal ≤30 DPD ($)
Funding Account Balance ($)
Additional Draw ($)
Additional New Lending ($)
LVR Ceiling (%)
Top State (NSW)
33.3%
Wages Employed
87%
Returning Rate
50.4%
Fortnightly DD
50.3%
Avg Loan Size
$356
Max Loan
$2,000
Geographic Distribution
Loan Purpose Mix
Employment Type
Payment Frequency
State Stratification Table
| State | Loans | Principal | % Book | Avg Loan | Concentration |
|---|---|---|---|---|---|
| New South Wales | 2,273 | $808,749 | 33.3% | $356 | |
| Queensland | 1,849 | $661,625 | 27.3% | $358 | |
| Victoria | 1,440 | $514,568 | 21.2% | $357 | |
| Western Australia | 434 | $151,541 | 6.2% | $349 | |
| South Australia | 411 | $133,023 | 5.5% | $324 | |
| TAS/NT/ACT | 411 | $157,316 | 6.5% | $382 | |
| Total | 6,818 | $2,426,822 | 100% | $356 |
Feb Collected
$1.42M
Feb Revenue
$366K
25.9% yield
Feb Disbursed
$1.19M
Feb OPEX+CAC
$238K
Feb Pre-Tax
$49K
Assessment Costs
$24K
$9.9K balance owing
Avg Loan Size
$570
Capital Recycling
4.7×/yr
February P&L Waterfall
Cost Breakdown
12-Month Forward — Revenue vs Costs
Conservative model (5% 90-day VL, $250K monthly draws from April)
Interactive Stress Test — Adjust Assumptions
Drag sliders to model scenarios in real-time.
VL Rate (90-day)Current: 3.35% · Limit: 10%
3.35%
Collection Rate (%)Current: 87% · Break-even: ~55%
72.0%
Monthly OPEX ($K)Current: $125K fixed
$125K
CAC Per New CustomerCurrent: $85
$85
Monthly New CustomersCurrent: ~1,081/mo
1,081
Recovery Rate on Bad DebtCurrent: ~37%
37%
Scenario Comparison — Dec Book
Break-Even Analysis
VL Break-Even
~8.5%
VL rate at which profit = zero
Collection Break-Even
~55%
DD rate at which revenue covers OPEX
Current Buffer
5.15pp VL
Covenant Breach Threshold
10.0% VL
Fixed Scenario Table
| Scenario | VL (90d) | Monthly VL $ | Annual VL | Dec Book | Dec LVR | Ann. Profit | Covenant |
|---|---|---|---|---|---|---|---|
| Base (Feb actual) | 3.35% | $27K | $324K | $7.20M | 54% | $2.1M | ✓ Pass |
| Conservative (model) | 5.00% | $41K | $492K | $6.31M | 59.4% | $1.56M | ✓ Pass |
| Mild Stress | 6.00% | $49K | $588K | $5.85M | 64% | $1.1M | ✓ Pass |
| Moderate Stress | 7.50% | $61K | $732K | $5.20M | 68% | $420K | ⚠ Watch |
| Severe Stress | 10.0% | $82K | $984K | $4.10M | 71% | −$240K | ✗ Breach |
| Extreme (Nov 25) | 11.4% | $93K | $1.12M | $3.50M | 75% | −$680K | ✗ Breach |
Dec Book
$6.31M
After-Tax Profit
$1.56M
Dec LVR
59.4%
Year-End Equity
$2.56M
Monthly Draws
$250K
Apr–Dec
Assessment Costs
$346K
Total Tax (PAYG)
$522K
Total Revenue
$6.81M
Book / Debt / Equity — 2026
Revenue vs Cost Stack
LVR Trajectory
Cumulative Profit
Monthly Growth Model — Conservative (5% 90-day VL)
| Month | Book Start | Draw | Revenue | OPEX | VL | Int | CAC | Assess. | Pre-Tax | Tax | Book End | LVR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar | $2.50M | — | $433K | $125K | $42K | $20K | $92K | $24K | $130K | — | $2.59M | 58.0% |
| Apr | $2.59M | $250K | $448K | $125K | $43K | $23K | $95K | $24K | $138K | — | $2.93M | 59.8% |
| May †Q1 | $2.93M | $250K | $507K | $125K | $49K | $27K | $107K | $27K | $172K | $75K | $3.23M | 62.0% |
| Jun | $3.23M | $250K | $558K | $125K | $54K | $30K | $118K | $29K | $202K | — | $3.62M | 62.2% |
| Jul | $3.62M | $250K | $626K | $125K | $60K | $33K | $132K | $32K | $244K | — | $4.05M | 61.8% |
| Aug †Q2 | $4.05M | $250K | $701K | $125K | $68K | $37K | $148K | $36K | $287K | $136K | $4.38M | 62.8% |
| Sep | $4.38M | $250K | $758K | $125K | $73K | $40K | $160K | $38K | $322K | — | $4.88M | 61.5% |
| Oct | $4.88M | $250K | $844K | $125K | $81K | $43K | $178K | $42K | $375K | — | $5.42M | 60.0% |
| Nov †Q3 | $5.42M | $250K | $937K | $125K | $90K | $47K | $198K | $46K | $431K | $218K | $5.79M | 60.5% |
| Dec †Q4 | $5.79M | $250K | $1.00M | $125K | $97K | $50K | $211K | $48K | $469K | $93K | $6.31M | 59.4% |
| Full Year | — | $2.25M | $6.81M | $1.25M | $657K | $350K | $1.44M | $346K | $2.08M | $522K | $6.31M | 59.4% |
† PAYG: Q1 $75K (May) · Q2 $136K (Aug) · Q3 $218K (Nov) · Q4 $93K (Dec) = $522K total. After-tax: $1.56M.