Solvar books higher profit in H1 FY26

Solvar (ASX:SVR), a leader in specialised finance, announced a robust financial performance for the half-year ended Dec. 31, 2025.

The group reported a normalised net profit after tax of $20 million, representing a steady 5.8% increase compared to the prior corresponding period.

The growth was mirrored in the statutory NPAT, which also rose by 5.8% to $17.8 million.

Shareholders have much to celebrate as earnings per share went up 13.5% to 9.3 cents, while the normalised EPS reached an even stronger 10.4 cents.

Solvar declared a significant return to shareholders. A total dividend of 11.0 cents per share has been established for H1 FY26.

The includes a 6-cent interim dividend and a 2.5-cent special dividend—both fully franked—set for payment on April 7.

The group's strategic pivot was highlighted by the sale of its New Zealand written-off loan book in November 2025 for NZ$9.4 million.

The transaction not only accelerated the exit from the New Zealand market but also contributed to a $6.2 million reduction in bad debt expenses.

Meanwhile, the Australian loan book continues to expand, reaching $846.6 million.

At the time of reporting, Solvar's share price was $1.80.