News

Credit Corp Group Limited (Credit Corp or the Company), reports the following highlights for the first half of the 2026 fiscal year (H1 FY26):

• US collections +23% versus prior corresponding period (pcp)
• Record lending volume and +7% loan book growth over the half year
• Strong growth in the AU/NZ debt ledger investment pipeline to $120 million

Net Profit after Tax (NPAT) of $44.1 million was in line with the prior year. This reflected reduced earnings in H1 arising from strong loan book growth and disruptions to AU/NZ purchased debt ledger purchasing only remedied late in the first half. Both these factors will produce higher H2 earnings, and the Company reaffirms its full year NPAT growth of 6 to 17%, in accordance with previous guidance.

Read the full Media Release | View the Video Presentation | View the Results Presentation | View the H1 FY26 Financials

Credit Corp Group Limited reports the following highlights for FY2025:

• US ledger collections up 12 per cent reflecting operational improvement and investment
• Improved US performance enabling a record FY26 US investment pipeline of A$164 million
• 31 per cent growth in consumer lending segment net profit after tax (NPAT)
• 5 per cent growth in the consumer loan book to a record gross closing balance of $466 million

NPAT of $94.1 million was 16 per cent above the prior year underlying NPAT¹ of $81.2 million. The result was underpinned by the consumer lending segment which reported strong earnings growth as lending volumes moderated after several years of significant post-COVID re-leveraging. US debt buying segment earnings also grew over the prior year.

¹ Underlying NPAT after adding back $45.6 million (after tax) for the US purchased debt ledger (PDL) impairment reported in H1 FY2024 and subtracting $15.1 million (after tax) for the change in estimated PDL collection life from six to eight years to the statutory NPAT of $50.7 million.

Read the full Media Release | View the Video Presentation | View the Results Presentation | View the Annual Report

Credit Corp Group Limited reports the following highlights for the first half of the 2025 fiscal year (H1 of FY2025):

• 12 per cent growth in US collections
• 5 per cent growth over the half in the consumer lending book to a record $465 million
• 32 per cent growth in underlying group Net Profit After Tax (NPAT) to $44.1 million ¹

Underlying NPAT growth was driven by a significant step-up in earnings from consumer lending due to the strong starting loan book.

The Company is on track to achieve its FY2025 NPAT Guidance of $90-$100 million.

 ¹ Underlying NPAT for the prior comparative period is after adding back $45.6 million (after tax) for the US purchased debt ledger (PDL) impairment report in H1 FY2024.

Read the full Media Release | View the Video presentation | View the full presentation | View the H1 FY25 Financials

The 2024 Annual General Meeting (AGM or meeting) of Credit Corp Group Limited (Credit Corp or the Company) will be held on Tuesday 29 October 2024 at Clifton’s, Level 3, 10 Spring Street, Sydney NSW. The meeting will commence at 10.00am (Sydney time) with registration commencing at 9.00am (Sydney time).

The Credit Corp AGM is an important forum for the Company, and we welcome shareholder participation. Shareholders (or their proxies and corporate representatives) can participate in the AGM in person or watch the live AGM webcast. This includes viewing proceedings, asking questions and voting.

To participate in the AGM, please follow this link and instructions thereafter.

The Board of Credit Corp Group Limited (Credit Corp) is pleased to announce the appointment of Ms Sarah Brennan as a Non-Executive Director. Sarah joins the Credit Corp Board after a successful executive career in financial services and substantial Board experience in both private and public companies. 

Mr Eric Dodd, Credit Corp Chair, noted that Sarah has served on the Boards of several ASX-listed entities following a successful Executive career including senior roles at Deutsche Bank, MLC and Citibank. Sarah also co-founded a successful strategic financial services consultancy.

“The breadth of Sarah’s Board and Executive experience in financial services, including her entrepreneurship in having developed and successfully exited her own consultancy, will be of great benefit to Credit Corp as it continues to grow and diversify,” he said.

Read the full media release