FY25 results presentation

• Plenti achieved outstanding FY25 results, with 23% revenue growth, 126% increase in Cash NPAT to $13.8m, and 19% growth in loan portfolio
• Continued strong credit performance, with net loss rate of 1.10% and 846 weighted average Equifax credit score
• Operational efficiency drove 16% average portfolio growth with only 11% increase in operating costs

Plenti Group Ltd reported outstanding results for the financial year ended 31 March 2025, delivering a 126% increase in Cash NPAT to $13.8m. The company achieved 23% revenue growth, driven by a 16% increase in the average loan portfolio to $2.3bn and higher average borrower rates. Plenti's focus on prime credit borrowers continued to deliver strong credit performance, with a net loss rate of 1.10% and a weighted average Equifax credit score of 846. The company's technology-led operating model enabled it to scale efficiently, with operating costs increasing only 11% despite the 16% growth in the average loan portfolio. Plenti continued to invest in its proprietary technology platform, expensing $14.1m in product development costs during the year. The company completed three ABS transactions worth over $1.3bn, further strengthening its diverse and scalable funding platform. Statutory profit for the year was $24.8m, which included $18.4m in non-recurring tax benefits. Underlying statutory profit was $6.4m, a material step-up from the prior year.

Plenti expects to deliver continued strong growth, with guidance for FY26 including originations of $1.6bn, a closing loan portfolio of $3.0bn, and Cash NPAT of $18.0m.

Plenti is well-positioned for continued growth, with a focus on expanding its market share in automotive, renewable energy, and personal finance. The company's technology-led operating model and strong credit performance provide a solid foundation for future success.