Debt ledger specialist Credit Corp (ASX:CCP) reaffirmed its FY26 outlook, projecting a net profit growth of 6% to 17% following a steady first-half performance.
Despite reporting a statutory net profit after tax of $44.1 million—consistent with the previous year—the company anticipates a stronger second half as aggressive loan book growth and temporary disruptions in the Australia and New Zealand markets begin to normalise.
The standout performer for the period was the company's US division, where collections surged 23% and operational productivity leaped 41%.
CEO Thomas Beregi noted that US consumer repayment behaviours have remained resilient since mid-2023, even amidst a slight uptick in unemployment.
The momentum has prompted Credit Corp to lift its US investment pipeline to a projected $160 million-$180 million for the full year.