• NPAT grows 245% to $55.8m, exceeding expectations
• Cash collections increase by 4% to $147.6m
• PDP assets rise by 17% to $400.4m
• Net Cash from Operating Activities up 35% to $70.8m
• Balance sheet strengthens with net assets at $83.7m

Pioneer Credit Ltd's FY26 results presentation highlights significant growth in key financial metrics. Net Profit After Tax (NPAT) surged 245% to $55.8 million, exceeding the upgraded guidance. Cash collections rose by 4% to $147.6 million, reflecting improved operational efficiency and disciplined investment in Purchased Debt Portfolios (PDPs). PDP assets increased by 17% to $400.4 million, while net cash from operating activities grew by 35% to $70.8 million. The balance sheet also strengthened, with net assets reaching $83.7 million. The company's strategic focus on high-quality PDP investments and cost management has positioned it for continued growth.

FY27 NPAT target of >$35m, FY27 PDP Investment of $100m - $110m, FY27 Cash Collections of $170m to $180m

Pioneer Credit Ltd is committed to achieving a FY29 NPAT target of at least $35 million, with a projected FY27 PDP investment of $100 million to $110 million and cash collections between $170 million and $180 million.