The Humm Group Ltd (ASX: HUM) share price will be on the radar of many investors this reporting season.
With the buy now, pay later (BNPL) sector receiving extra attention recently, many investors will be keen to know how the company performed in FY21.
Let's take a look at how the Humm share price fared last reporting season.
Here's how the Humm share price responded last year
The Humm share price was still trading under the Flexigroup banner last reporting season.
Shares in the BNPL player did not move an inch after the company reported its results for FY20.
The Humm share price was sidelined after the company entered a trading halt immediately after releasing its results.
In addition to its full-year results, the company also decided to launch a $140 million capital raising.
The BNPL company reported a mixed set of results for FY20.
Statutory net profit after tax (NPAT) dropped 65% for the financial year to $21.4 million, with the company's revenues slumping 5% to $450 million.
Humm recorded a 17% increase in transaction volumes of $2.5 billion for the year.
At the time, the company's BNPL operations delivered an 18% volume growth, recording strong performances in Australia, New Zealand and Ireland.
Flexigroup was later rebranded as Humm later in the year.
Snapshot of the Humm share price
Humm has painted a positive outlook on the company's performance in FY21.
Shares in the BNPL player recently received a boost after the company provided an update on its performance in FY21.
Following a record last quarter, Humm expects a strong finish for the financial year.
Humm reported a transaction volume of $774.9 million for the three months ended 30 June. The strong performance marks a 57.3% increase over the prior corresponding period.
The company expects to report cash net profit after tax of $68.4 million in FY 2021.
The Humm share price has received additional momentum after announcing its partnership with LG Energy Solutions earlier this month.
Despite the optimism, shares in Humm are trading down more than 15% since the start of the year.
Humm is scheduled to report its earnings for FY21 tomorrow.
