• US debt buying on track to make up almost 20% of FY25 NPAT
• Consumer lending growth has offset decline in AU/NZ debt buying
• Maintaining conservative capital structure with gearing below 30%

Credit Corp Group has provided a market update for FY25, outlining its performance across its key business segments. The company's US debt buying operations are on track to make up almost 20% of FY25 NPAT, driven by continued operational improvements and productivity gains. In Australia and New Zealand, the consumer lending business has helped offset the decline in the debt buying segment, with the lending book plateauing and producing strong earnings growth. Credit Corp is maintaining a conservative capital structure, with gearing remaining below 30% of financial assets. The company has expanded its debt facilities to $505 million, providing substantial cash and headroom for opportunistic investment. In the AU/NZ debt buying market, the company has reduced its investment guidance to a midpoint of $90 million due to renewed competition, but it remains a large part of the diminished market. Overall, Credit Corp is well-positioned to deliver earnings growth in FY25 and beyond.

FY25 NPAT guidance unchanged at $90 - $100 million. Net lending guidance revised upwards to $60 - $70 million, with an immaterial impact on FY25 NPAT.

Credit Corp's new products, including the Wizit digital credit card and line of credit and the CarStart auto finance offering, are poised to sustain lending segment growth in the medium term.