• Solid recovery in FY25 and a platform for further growth
• Lending and the US driving growth
• Positive response to market conditions

Credit Corp Group has reported its FY25 results, showcasing a solid recovery and a platform for further growth. The key highlights include:- The company's core Australian/NZ debt buying and collection services segment has produced a solid recovery in FY25, with NPAT of $22.2 million, down 13% from the prior year. - The US debt buying segment (pre-impairment) saw a 14% increase in revenue to $125.9 million, and a 21% increase in NPAT to $17.6 million.- The Australian/NZ lending segment delivered a 12% increase in revenue to $199.8 million, and a 31% increase in NPAT to $54.3 million.- Overall, the company reported a 16% increase in NPAT (pre-impairment) to $94.1 million, and an 86% increase in statutory NPAT to $94.1 million.The company has provided a positive response to current market conditions, focusing on diversification, operational improvement, and exploring growth opportunities in the UK sub-prime consumer lending market. Credit Corp has maintained a strong capital position, with $150 million in excess capital and conservative gearing levels. The company is guiding for strong investment and profit growth in FY26, with record US investment anticipated and a midpoint NPAT guidance of $100-$110 million, representing 12% growth over FY25.

FY26 Guidance: - Ledger investment: $280 - $330 million - Gross lending: $350 - $390 million - NPAT: $100 - $110 million - EPS (basic): 147 - 162 cents

Credit Corp is anticipating record US investment in FY26, with 70% of the midpoint already under contract. The company is also exploring opportunities to resume growth in auto lending and expand into the UK sub-prime consumer lending market.