• Execution of strategic transformation delivering strong earnings growth
• Exit from payday and vehicle lending continues as planned, lowering loss rates and provisions
• Successful launch of luxury-only store model, with further expansion planned

Cash Converters International Limited (CCV) has reported a strong full-year result for the financial year ending 30 June 2025 (FY25), with statutory net profit after tax (NPAT) increasing 41% to $24.5 million compared to the prior corresponding period (FY24). Revenue remained stable at $385.3 million, with the company's strategic transition away from legacy payday and vehicle lending continuing as planned. The transition has resulted in lower loss rates and loan book provisions, contributing to the strong earnings growth. Store trading performance was also strong, with Australian gross profit margins increasing to 51%, up 6% on the prior year. The company's corporate owned store network continued to grow, with 20 stores acquired across Australia and the UK during the year. This included the successful launch of a new luxury-only store model in Bondi, which is now being expanded nationwide. The company remains in a strong financial position, with $73.2 million in cash and equivalents and significant undrawn securitisation capacity and available bank facilities to support ongoing growth. The company declared a fully franked dividend of 2 cents per share, marking its fifth consecutive annual dividend payment.

The company expects to continue scaling its sustainable loan book through the introduction of innovative, lower-cost lending products and leveraging advanced machine learning powered credit assessments to reduce operating costs. The company also plans to further expand its store network through the acquisition and integration of franchise stores in Australia and the UK, as well as opening new greenfield locations and expanding its luxury-only store model.

Cash Converters remains focused on three key strategic pillars: scaling a sustainable loan book, expanding its store network, and optimising profitability and unlocking value. The company is well-positioned to deliver sustainable earnings growth, with a strong balance sheet and disciplined capital management supporting its continued growth ambitions.