• Record FY26 Statutory Net Profit after Taxation of $23.1m
• FY26 Purchased Debt Portfolio (PDP) investment of $105.1m
• Strengthened balance sheet with oversubscribed $17m placement

Pioneer Credit Ltd (ASX: PNC) has reported a record FY26 Statutory Net Profit after Taxation (NPAT) of $23.1 million, a 245% increase from FY25. The company invested a record $105.1 million in Purchased Debt Portfolios (PDP), exceeding its guidance. The company's disciplined investment strategy, strong operating execution, and scalable servicing platform contributed to the strong financial performance. Pioneer also completed two material re-pricings of its debt facilities, reducing the senior facility margin by 115 basis points and the cost of its Medium-Term Notes by 315 basis points. In July 2026, Pioneer completed an oversubscribed $17 million placement to sophisticated and institutional investors, strengthening its balance sheet and funding capacity. The company expects to achieve annualized cash savings of $4.5 million from these re-pricings. Pioneer has provided FY27 cash collections guidance of $170 million to $180 million and FY29 NPAT guidance of at least $35 million.

FY27 cash collections guidance: $170m to $180m; FY29 NPAT guidance: at least $35m

Pioneer expects to execute its investment pipeline and deliver further growth in FY27 and beyond, supported by contracted and expected PDP investment, disciplined pricing criteria, scalable servicing capacity, strengthened funding arrangements, and continued access to high-quality portfolio opportunities.