Key points
- Revenue increased by 26% to $50.6 million
- Cash NPAT up 57% to $15.7 million
- No dividends declared
- New $100 million debt facility finalized
Full summary
Beforepay Group Limited has released its FY26 Annual Report, showcasing significant growth and strategic progress. Revenue increased by 26% to $50.6 million, while Cash NPAT rose 57% to $15.7 million. The company maintained a disciplined approach to credit risk and finalized a new $100 million debt facility. The Pay Advance product saw a 19% increase in total advances to $963 million, and the Personal Loan product scaled significantly, with total advances up 728% to $16.9 million. Carrington Labs expanded its global presence and client relationships, contributing to the company's overall growth.
Guidance
Revenues up 26% to $50.6 million, Cash NPAT up 57% to $15.7 million FY26
Outlook
Continued disciplined growth in Pay Advance, maturing Personal Loans business, and investment in Carrington Labs' commercial potential.