News
Credit Corp on track for strong FY25 earnings growth
Thursday, 30 Jan 2025
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