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Wisr Limited (ASX:WZR)

ALERT: Price-sensitive ASX Announcement for WZR
Current share price for WZR : $0.031 0.005 (19.23%)+
Announcement
Release
25 Feb 2026 8:15AM
Price at Release
$0.026
Full Release
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Summary
Wisr Limited reported strong financial performance in the first half of the financial year 2026, achieving significant growth in its loan book and revenue. The company experienced a 23% increase in its loan book to $928.5 million, driven by both personal and secured vehicle loans. Loan originations rose by 82% to $311 million compared to the same period in the previous year. Revenue increased by 14% to $51.5 million, supported by higher average loan balances. Wisr improved its EBITDA to $2 million, demonstrating effective operating leverage. The company's strategic initiatives, including an equity capital raise and debt refinancing, enhanced its financial stability and lowered funding costs. Additionally, Wisr's credit quality improved, with reduced arrears and net losses, indicating effective risk management. Overall, Wisr anticipates achieving cash NPAT profitability in the second half of FY26.
Key Points
  • Significant loan book growth of 23% to $928.5M.
  • Loan originations increased by 82% to $311M.
  • Revenue growth of 14% to $51.5M.
  • EBITDA improved to $2M.
  • Reduced arrears and net losses indicating improved credit quality.
  • Strategic equity capital raise and debt refinancing improved financial stability.
  • Cash NPAT profitability expected in H2FY26.
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.