Beforepay Group Ltd Reports Q4 FY26 Financial Results
Key points
- Record Net Transaction Margin of $9.2m
- Revenue increased 43% year-on-year to $14.8m
- Net Profit Before Tax of $2.4m
- Advances reached $255m, up 22% year-on-year
- Net defaults increased to 1.5% from 0.8% in Q4 FY25
Full summary
Beforepay Group Ltd has released its Q4 FY26 Quarterly Activities and Appendix 4C Cash Flow Report. The company reported a record Net Transaction Margin of $9.2m, up 26% year-on-year, and a Net Profit Before Tax of $2.4m, up 68% year-on-year. Revenue increased 43% year-on-year to $14.8m, driven by higher advance volumes and the rollout of interest on Pay Advances. Quarterly advances reached $255m, up 22% year-on-year. Net defaults increased to 1.5% from 0.8% in Q4 FY25, reflecting the increase in average advance size, the inclusion of Personal Loans, and an unseasonably low figure in Q4 FY25. Operating expenses decreased by 13% to $5.9m from $6.8m in the prior quarter. Active users increased 2% to 276,544, and the average customer acquisition cost decreased to $53 from $60 in the prior quarter.
Guidance
Full-year FY27 expected to benefit from interest being charged across substantially all Pay Advances
Outlook
Beforepay expects FY27 to be the first full financial year to benefit from interest being charged across substantially all Pay Advances.
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