Credit Corp reports return to strong growth trajectory

Tuesday, 03 Aug 2021

Credit Corp Group Limited reports the following highlights for the 2021 financial year:

  • 11% increase in net profit after tax (NPAT) over the prior year to $88.1 million
  • Strong US segment result, with NPAT doubling to $17.7 million
  • Near record purchased debt ledger (PDL) investment outlay of $293 million
  • Record second half gross lending volume of $105 million
  • Record committed FY2022 starting PDL investment pipeline of $150 million
  • Substantial investment capacity with cash and undrawn lines totaling $372 million

Despite challenging market conditions all segments exceeded full year expectations and finished the year with significant investment momentum for sustained earnings growth.

Read the full Media Release | View the Video presentation | View the results presentation | View the FY2021 Annual Report