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Resimac Group Limited (ASX:RMC)

ALERT: Price-sensitive ASX Announcement for RMC
Current share price for RMC : $0.810 -0.195 (-19.40%)+
Announcement
Release
25 Feb 2026 8:55AM
Price at Release
$1.005
Full Release
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Summary
Resimac Group Limited's half yearly report provides an overview of the company's financial performance, detailing cash positions, loans and advances, and liability management through securitisation trusts. The report highlights a strong cash reserve and loans totaling over $15 billion, offset by allowances for expected credit losses. Equity at the end of the reporting period stood at nearly $398 million, with particular emphasis on managing risk exposure through limited recourse to securitisation trust assets. Comprehensive insights into segment results, interest expenses, and derivative impacts are included, underscoring the company's robust financial strategy and risk management approach.
Key Points
  • Resimac paid an annual insurance premium to a related party for insurance at arm's length market terms.
  • Cash and cash equivalents totaled $773,527,000 as of the reporting period.
  • Loans and advances were recorded at $15,854,315,000, with allowances for expected credit losses at $60,134,000.
  • Impairment and provisioning are managed through securitisation trusts, limiting group exposure.
  • Total liabilities were $16,251,930,000, with equity totaling $397,950,000.
  • The report includes details on segment results, interest expense, and loan impairments.
  • Derivative financial assets and liabilities are outlined, impacting financial positions.
  • The company's financial position includes significant amounts in right-of-use assets and goodwill.
  • Interest expenses from bond and warehouse facilities were reported at $416,134,000.
  • Employee benefits included remuneration, bonuses, and superannuation totaling $29,065,000.
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.