• 74% increase in net profit after tax (NPAT) to $6.7m
• 29% increase in net transaction margin (NTM) to $25.1m
• 12% growth in active users to 269,558

Beforepay Group Limited (ASX: B4P) has released its results for the full year ended 30 June 2025 (FY25). The company achieved a net profit after tax (NPAT) of $6.7m, up 74% from $3.9m in FY24. Net transaction margin (NTM) rose to $25.1m, up 29% year-on-year from $19.5m in FY24, driven by higher advance volumes and lower defaults; net defaults improved to 1.1% (from 1.4% in FY24). The company grew Active Users to 269,558 (up 12% year-on-year) and delivered a 14% increase in advance volumes to $807.4m, supported by both higher number of advances and an increase in the average advance size. Beforepay maintained a strong balance sheet with an equity position of $39.3m and 'Total Cash' of $19.2m as at 30 June 2025. The company's wholly owned subsidiary, Beforepay Finance Pty Ltd, introduced a $7.5m revolving sub-limit within the existing $55m facility limit and repaid $7.5m, enabling it to more efficiently manage its overall funding costs. Carrington Labs, Beforepay's enterprise arm, saw a significant increase in activity and a strong exit rate, announcing new clients and strategic partnerships with market-leading risk-decisioning platforms.