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- $254M quarterly loan originations drive a 40% upgrade in FY27 Cash NPAT guidance
- Loan book reached $1.2B in Q1FY27
- Revenue increased 32% to $33.1M
Wisr (ASX WZR) has reported that its loan book reached $1.2 billion in Q1FY27, increasing 40% to $1,211 million.
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The Australian fintech lender’s revenue increased 32% to $33.1 million with growth driven by a record quarter in loan originations, which increased 73% to $253.8 million.
CEO, Andrew Goodwin, said the results reflect strong loan origination performance, with Wisr upgrading its FY27 guidance and now expects to deliver FY27 Cash NPAT of at least $7.0 million (previously at least $5.0 million.
He said it is expected improvement will be driven by continued loan origination and loan book growth, operating leverage, disciplined cost management and productivity gains from Wisrʼs investments in automation and technology.
Wisr also expects Cash NPAT to grow substantially in FY28 as the business benefits from increased scale and further operating leverage. Additionally, the business holds $97.9 million in carried-forward tax losses to support strong cash generation as taxable profits are achieved.
“The record quarter and 40% FY27 Cash NPAT guidance upgrade (at least $7 million, previously $5 million are testament to effective business execution since returning to growth,” Mr Goodwin said.
“Our loan book reached $1.2 billion, supported by a 73% increase in loan originations to a record of $253.8 million, putting the business on a $1 billion annual run-rate and driving continued operational leverage.
“This strong demand across our personal and secured vehicle loan products demonstrates the strength of our core platform and customer proposition.
“Importantly, this growth was achieved alongside continued improvement in credit performance, with 90 day arrears improving 28 basis points to 0.86% and net losses improving 44 basis points to 1.19%, underscoring our ability to scale our loan book whilst maintaining disciplined credit settings. The average credit score of the loan book remained high at 802, reflecting the quality of our customer base,ˮ concluded Mr Goodwin.
The company’s closing loan book of $1,211 million, a 40% increase on September 2025 pf $867.6 million, and a 12% increase on June-26 of $1,084 million.
Loan originations of $253.8 million increased by 73% increase on Q1FY26 of $146.8 million and a 28% increase on prior quarter of $198.1 million.
Personal loan originations of $124.9 million was a 35% increase on Q1FY26.
WZR was up 12.5% to 3.6¢. Mkt cap $56.39M.
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