Cash Converters FY26 Results Presentation
Key points
- Record $429m revenue driven by store acquisitions and international growth
- Store revenue tripled in Australia and UK, offsetting legacy lending decline
- Cashies Loan book grew 394% to $114.1m
- Operating EBITDA up 11% to $67.0m
- Operating NPAT down 8% to $23.2m due to lower legacy lending earnings
Full summary
Cash Converters International Limited (CCV) reported strong FY26 results, with total revenue up 11% to $429.2 million. Store revenue, particularly in Australia and the UK, tripled since FY22, offsetting the decline in legacy lending earnings. The Cashies Loan book grew significantly to $114.1 million, a 394% increase from FY25. Operating EBITDA rose 11% to $67.0 million, while Operating NPAT decreased 8% to $23.2 million due to the run-down of legacy loan books. The company also saw a 49% decrease in cash and cash equivalents to $37.2 million, reflecting significant M&A outlays. The balance sheet remains resilient with a core gross loan book up 165% and run-down loan books down 60%.
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