Wisr Reports Record Growth and Upgrades FY27 Guidance
Key points
- Record Q1FY27 loan originations of $254M
- Loan book increased to $1.2B, up 40%
- Upgraded FY27 Cash NPAT guidance to at least $7M
Full summary
Wisr Limited (ASX: WZR) reported its Q1FY27 market update, showcasing a significant increase in loan originations to $253.8M, a 73% rise from Q1FY26. The company's loan book grew to $1.2B, a 40% increase. Revenue increased by 32% to $33.1M. The company upgraded its FY27 Cash NPAT guidance to at least $7.0M, up from the previously expected $5.0M. This upgrade is driven by strong loan originations, operating leverage, cost management, and productivity gains from technology investments. The company also expects substantial Cash NPAT growth in FY28.
Guidance
FY27 Cash NPAT guidance upgraded to at least $7.0M
Outlook
Wisr expects substantial Cash NPAT growth in FY28 due to increased scale and further operating leverage.
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