WISR Ltd
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Wisr Returns To EBITDA Profitability on Back of 101% Loan Origination Growth
Wisr (ASX: WZR) has delivered 101% loan origination growth in FY25, exceeding upgraded guidance and marking a key step back toward consistent profitability. The company lifted its loan book to $824 million while posting an EBITDA profit of $0.8m, underpinned by stronger margins and lower credit losses. With a new $267m warehouse secured and clear […]
Weekly wrap: inflation eases, US tech sector pulls market lower
Markets saw a dip this week, with the ASX 200 declining 1.13% to close at 8118.8 points. However, the index remains up 6.44% for the year. The losses across investors’ screens were primarily driven by mixed tech earnings from the US. Amazon reported growth in its cloud and advertising sectors, while Google-owned Alphabet posted solid […]
Wisr delivers first full quarter of growth with improved loan metrics in Q1 FY25
Australian non-bank lender Wisr (ASX: WZR) has delivered 54% growth in loan originations to $77.3 million for the first quarter of its 2025 financial year. The achievement compares with $50.1m recorded for the previous corresponding period and was accompanied by a reduction in 90-day arrears to 1.4% and net losses to 2.06%, reflecting the continued […]
Wisr’s focus on high-quality loans yields revenue jump and EBITDA profitability
Consumer lending firm Wisr (ASX: WZR) has increased revenue and delivered earnings before interest, taxation, depreciation and amortisation (EBITDA) profitability for the six months to end December. The company reported an 11% jump in revenue to $48.1 million – up from $43.2m in the previous corresponding period – and EBITDA of $200,000 compared to a […]