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Axis Auto Finance Inc.

09:45 AM EST - Axis Auto Finance Inc. : Announced financial results for the second quarter of fiscal 2023, ending December 31, 2022. Auto loan portfolio of $252.2 million, up 28% year-over-year; Equipment finance portfolio of $48.0 million, up 612% year-over-year; Total owned and managed finance receivables of $300.2 million, up 47% year-over-year; Revenues increased 6% to $10.6 million year-over-year; and Adjusted earnings of $0.7 million. Axis Auto Finance Inc. shares T.AXIS are trading unchanged at $0.46.