Credit Corp Group Ltd
F:2RC
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
C
|
Credit Corp Group Ltd
F:2RC
|
AU |
Earnings Calls
Last Earnings Call
Flat First Half Profit: Net profit after tax was $44.1 million for the first half, unchanged from the prior year as upfront costs on growth weighed on results.
Strong Second Half Outlook: Earnings are projected to rise to $61 million in the second half, with full-year NPAT guided between $100 million and $110 million—reflecting 6% to 17% growth.
US Segment Growth: US segment earnings increased by 63% to $11.7 million, and the US purchasing pipeline grew to $157 million.
Lending Expansion: Total lending volume rose 14%, taking the loan book to nearly $500 million, a half-year record.
Acquisition Pursuit: Credit Corp is pursuing the acquisition of Humm Group Limited to accelerate its lending and international ambitions, but the outcome is still uncertain.
Guidance Unchanged: All aspects of earnings and investment guidance remain as stated at the start of the year.