Beforepay Group Limited (ASX:B4P)

Beforepay Group Limited reported strong financial results for Q4 FY26, with a significant 43% increase in revenue year-over-year, reaching $14.8 million. The company achieved a record net transaction margin of $9.2 million and a net profit before tax of $2.4 million, marking a 566% increase from the previous quarter. Quarterly advances grew to $255 million, driven by a 16% rise in average advance size. The transition to charging interest on Pay Advances was nearly complete, with interest income from these advances increasing significantly by the end of June. Personal loans saw a 47% increase in advances, reaching $7.2 million. Operating expenses decreased by 13%, contributing to the improved financial performance. The company entered into a new $100 million senior secured asset-backed revolving credit facility to further lower funding costs. Beforepay maintains a strong balance sheet with total cash of $12.9 million and an equity balance of $48.6 million at the end of the quarter.