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Beforepay Group Limited (ASX:B4P)

ALERT: Price-sensitive ASX Announcement for B4P
Current share price for B4P : $1.510 -0.04 (-2.58%)+
Announcement
Release
28 Apr 2026 8:29AM
Price at Release
$1.550
Full Release
download
Summary
Beforepay Group Limited reported a significant acceleration in personal loan growth during Q3 FY26, alongside disciplined business investment. The group achieved a 73% increase in personal loan originations and a 35% rise in the Net Transaction Margin, resulting in a $7.9m margin, driven by top-line growth and strong credit performance. The company introduced interest charges on a larger portion of pay advances, with interest being applied to 16.3% of advances by the end of the quarter. Operating expenses grew by 32% due to increased marketing and filling vacant positions. Despite a slight decline in total cash to $12.2m, the company maintained a strong equity position at $45.0m. The report also highlighted a decrease in net defaults to 1.09% and a stable average Pay Advance duration of 26 days.
Key Points
  • 73% increase in personal loan originations.
  • Net Transaction Margin up 35% to $7.9m.
  • Interest applied to 16.3% of pay advances by quarter end.
  • Operating expenses rose by 32% due to increased marketing.
  • Total cash decreased to $12.2m with equity at $45.0m.
  • Net defaults decreased to 1.09%.
  • Average Pay Advance duration remained at 26 days.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.