Key points
- Record Cash NPAT of $15.7m, up 57% from FY25
- Total Advances reached $963m, up 19%
- Revenue increased by 26% to $50.6m
- Personal Loans scaled significantly, up 728%
- New debt facility expected to reduce annual funding costs by more than $1m
Full summary
Beforepay Group Ltd (ASX: B4P) has announced its financial results for the full year ended 30 June 2026 (FY26). The company achieved a record Cash NPAT of $15.7 million, up 57% from $10.0 million in FY25. Total advances reached $963 million, up 19% from FY25, driven by a 17% increase in the average advance size. Revenue increased by 26% to $50.6 million, supported by higher Pay Advance volume, significant growth in Personal Loans, and the progressive rollout of interest on Pay Advances. Personal Loans scaled substantially, with advances increasing by 728% to $16.9 million. The company also completed the transition to charging interest on Pay Advances, which is expected to generate approximately $12.5 million of annual interest income based on FY26 advances. The company's balance sheet remained strong, with an equity balance of $48.9 million and total cash of $13.1 million. Additionally, Beforepay entered into a new $100 million senior secured asset-backed revolving credit facility, expected to reduce annual funding costs by more than $1 million compared with the previous facility.