• Strong US debt buying performance drives record earnings forecast
• Lending volumes on track for record $425 million in FY26
• Ongoing AI initiatives delivering efficiency and effectiveness gains

Credit Corp Group Ltd has provided a market update, outlining several key highlights. The company's US debt buying segment has seen strong collections growth, with productivity per hour increasing and the face value of the US payment arrangement book growing. This operational improvement has driven strong collections growth and is expected to contribute to record earnings in FY26. The company's Australian and New Zealand lending business is also on track for a record $425 million in lending volume in FY26, 15% higher than FY25, with the loan book set to end the year at a record of approximately $500 million. Credit Corp is also making progress on its AI initiatives, with examples of wins in areas such as call summarization, dialing execution, and overhead automation. The company has also commenced due diligence on the potential acquisition of Humm, which would provide consumer point-of-sale distribution to complement its existing direct lending business. Overall, Credit Corp is on track for record earnings in FY26, with investment growth providing a platform for further growth in FY27.

FY26 guidance: Ledger investment of $280 - $330 million, gross lending of $350 - $390 million, NPAT of $100 - $110 million, and EPS (basic) of 147 - 162 cents.