• Normalised NPAT up 5.8% to $20.0 million
• Statutory NPAT up 5.8% to $17.8 million
• EPS up 13.5% to 9.3 cents per share
• Fully franked interim dividend of 8.5 cents per share

Solvar Limited (ASX: 'SVR', 'Solvar' or the 'Group'), the leading provider of specialised finance, has announced its financial performance for the half-year ended 31 December 2025 (H1 FY26). Key highlights include normalised Net Profit After Tax (NPAT) of $20.0 million, up 5.8% on the prior corresponding period (pcp), and statutory NPAT of $17.8 million, also up 5.8% on pcp. Earnings Per Share (EPS) increased by 13.5% to 9.3 cents per share on pcp. The Group paid a fully franked interim dividend of 6.0 cents per share, plus a special fully franked dividend of 2.5 cents per share, totalling 8.5 cents per share payable on 7 April 2026. The Australian loan book grew 1.7% since June 2025 to $846.6 million, while bad debt expense decreased by $6.2 million on pcp due to the sale of the written-off loan book in New Zealand. The Group continues to prioritise capital efficiency and shareholder return, with a material improvement in EPS. Solvar has also broadened and diversified its funding with a new $488.0 million warehouse debt facility and repriced its existing Money3 warehouse facility to $270.0 million, providing over $500.0 million of headroom to support ongoing loan book growth.

Solvar reiterates FY26 guidance of normalised NPAT of $36.0 million (including the one-off sale of the written off loan book in New Zealand).

The Australian loan book is expected to continue disciplined growth with expansion of commercial lending and improving new loan origination from AFS and Money3. Solvar anticipates continued growth in commercial lending as Bennji establishes itself in the market.