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Beforepay Group Limited (ASX:B4P)

ALERT: Price-sensitive ASX Announcement for B4P
Current share price for B4P : $1.595 -0.15 (-8.60%)+
Announcement
Release
25 Aug 2026 7:56AM
Price at Release
$1.745
Full Release
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Summary
The FY26 Investor Presentation of Beforepay Group Limited highlights significant growth in its financial performance, with total advances and revenue increasing by 19% and 26% respectively. The company reported a substantial rise in Cash NPAT by 57% and noted a significant expansion in personal loan products. Beforepay's flagship product, the Pay Advance, remains a critical revenue driver. The company has also focused on optimizing product limits and expanding customer channels, underpinned by a new $100 million debt facility to foster future growth. However, net bad debts saw a slight increase from the previous year.
Key Points
  • Beforepay Group Limited's flagship product is the Pay Advance, which represents the majority of advances and revenue, offering loans up to $2,000 with a 62-day duration.
  • Personal Loan products have grown significantly, with an average loan size of $3,124 during FY26 and a net bad debt rate of 3.3%.
  • FY26 saw a 19% increase in total advances compared to FY25, reaching $963 million.
  • Revenue for FY26 was reported at $50.6 million, up 26% from the previous year, alongside a significant 57% increase in Cash NPAT to $15.7 million.
  • Beforepay's FY26 strategy included optimizing pay advance limits, extending personal loan product range, building new customer channels, and strengthening Carrington Labs' capabilities.
  • The company executed a new $100 million debt facility in July 2026 to support growth initiatives.
  • Net bad debts for FY26 were reported at 0.5%, up from 0.2% in FY25.
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.