News

Credit Corp Group Limited reports the following highlights for the 2023 fiscal year:

• 70% growth in lending segment net profit after tax (NPAT)

• 43% growth in the consumer loan book to a record gross closing balance of $358 million

• Recovery in US operational performance over the second half

• Solid FY2024 US investment pipeline secured in improved pricing conditions

NPAT fell by 5 per cent over the prior year to $91.3 million. While lending segment earnings grew strongly, the impact was offset by continued run-off in the core AU/NZ debt buying business and costs arising from increased US resourcing.

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