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Wisr delivers $1M cash NPAT in FY26
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Wisr delivers $1M cash NPAT in FY26

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  • Wisr achieved its first full-year cash profit of $1 million in FY26, exceeding all four of its corporate guidance metrics.
  • Revenue rose 19% to $108.8 million while the loan originations grew 65% to $695.3 million.
  • The company guided for a FY27 cash NPAT of at least $5 million based on operating leverage and loan book growth.

Wisr (ASX:WZR) reported its audited full-year financial results for the period ended June 30, delivering an inaugural cash net profit after tax of $1 million.

The positive result compares against a cash net loss after tax of $5.3 million reported in the previous financial year.

"The loan book closed the year up 32% at $1.08 billion, with full-year revenue up 19% to $108.8 million, supported by record loan originations of $695.3 million, up 65% on FY25," said Wisr CEO Andrew Goodwin.

The company reduced its cost-to-income ratio from 31% to 28% while its total loan book assets expanded 32% to $1.08 billion.

The management team stated that the business enters the next period with strong momentum and expects a cash profit after tax of at least $5 million for FY27.

Following the announcement, the Wisr share price was up at $0.031.

The Australian financial technology company operates a consumer lending platform specialising in personal loans and secured vehicle finance.

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