• Expanding origination to over $600m annually through broker channels
• Car loans and asset finance driving growth, with loan pools reaching $1.3b
• Improving net margins through disciplined pricing and automation

FSA Group Ltd is showcasing its transition from a personal insolvency business to a diversified lending group, with a focus on asset finance, home loans, car loans, and unsecured personal loans. The company has a seasoned leadership team with extensive experience in financial services, including executives from Pepper Group and Virgin Australia. The key growth strategy involves increasing new origination to over $600m per annum, primarily through broker channels. Car loans and asset finance are expected to drive this growth, with loan pools projected to reach around $1.3b. Automation and an expanded offshore office will play a critical role in supporting this growth. The company is also focused on improving net margins, which were impacted by rising interest rates. New originations are being priced at higher risk-adjusted fixed rates, and the company is containing expenses through automation and offshore expansion. Credit quality and arrears management remain a priority, with the company leveraging its expertise and automation to deliver profitable growth. Diversified funding, including warehouse facilities and securitization, supports the company's expansion.The company has provided guidance for FY2026, with profit before tax expected to increase by 45-60% to $23.5m-$25.9m. A longer-term target of a $1.3b loan pool is also outlined, with a target profit before tax of $36m-$40m and a return on equity in excess of 25%.

Profit before tax up 45% to 60% to $23.5m to $25.9m in FY2026

Continued growth in new origination and loan pools, with net margin improvement. Loan pools expected to reach around $1.3b, supported by automation and offshore expansion.