Yellow Brick Road's big product roll-out

Yellow Brick Road has outlined a busy product launch schedule. In an investor briefing yesterday, it revealed plans for new consumer and commercial leasing packages, a superannuation fund, a term deposit range and a credit card - all by the end of the year.

The company takes a branded approach to its increasingly diverse product range and has been encouraged by the strong sales of its YBR Empower home loan, which is backed by Macquarie Bank.

The company's mortgage book doubled in the December quarter, to A$1.3 billion

It reported a loss of A$3.7 million for the six months to December, compared with a loss of $3.4 million during the previous corresponding period. Revenue was up 42.8 per cent to $9.6 million.

One curious aspect of yesterday's presentation was that it made no mention of the company's professional services division, which struggled during the December half.

Of the company's two distribution channels, expansion of the branch network was the driver of revenue growth during the latest half. A weak result in professional services, with revenue down 12 per cent, was attributed to "the absence of key revenue staff".

Yesterday, the company said its strategic focus for 2013 would be on the brand, the branch network and products.

It also said it was looking at acquisition opportunities.