Plenti reports record FY26 half-year results
Key points
- Delivered record half-year Cash NPAT of $12.8 million, up 133% on pcp
- Achieved exceptional loan originations of $912.4 million, up 46% on pcp
- Grew closing loan portfolio to $2.8 billion, up 24% on pcp
Full summary
Plenti Group Limited (ASX:PLT) reported record financial and operational results for the FY26 half-year, with significant growth in loan originations, loan portfolio, and profitability. The company delivered record half-year Cash NPAT of $12.8 million, up 133% on the prior comparative period (pcp), and record half-year Cash Profit Before Tax (Cash PBT) of $14.1 million, up 147% on pcp. Plenti achieved exceptional loan originations of $912.4 million, up 46% on pcp, while maintaining net interest margins. The company's closing loan portfolio grew to $2.8 billion, up 24% on pcp, and net revenue increased to $149.5 million, up 20% on pcp. Plenti also delivered strong credit performance with annualised net credit losses of 94 basis points. The company won the tender to manage the WA Residential Battery Scheme and completed a $400 million unsecured PL & Green ABS transaction, bringing total ABS issuance to over $3.8 billion.
Guidance
Plenti reported Cash PBT of $14.1 million and Cash NPAT of $12.8 million for the FY26 half-year period.
Summary generated by a large language model. Please interpret with care.