Blender Financial Technologies Ltd. · TASE:BLND
Blender Financial Technologies — Q4 2025 Earnings Presentation
15 slides from Blender Financial Technologies's earnings presentation, 2026
Slide 1: Capital Market Presentation Q4 2025 - Business Summary and Revenues
Capital Market Presentation Q4 2025 - Business Summary and Revenues
Slide 2: Legal Disclaimer
Legal Disclaimer This presentation constitutes the principle and marketing presentation of Blender Financial Technologies Ltd. and its subsidiaries (henceforth referred to, together, as "the Company" and/or "Blender" and/or "the Group") and is meant for marketing purposes. It does not constitute a p
Slide 3: Key Events 2025
Key Events 2025 Turn around year ➢ Transition to accounting profit in the second half of the year ➢ Maintaining positive cash flow profitability (Adjusted EBITDA) in 2025 ➢ Signing an agreement to establish a joint "Credit Bureau" with a leading entity specializing in technology services ➢ As part o
Slide 4: Blender in Numbers
Blender in Numbers 2.3B 562M 82M 107K Total loans Managed loan Revenue over Paying financed portfolio last 12 months customers Non-GAAP financial data, including loans in the credit brokerage system as of December 31, 2025 Total cumulative loans and paying customers since inception 6
Slide 5: First Half 2025 Financial Data
First Half 2025 Financial Data Upward trend - transition to positive Adjusted EBITDA and consistent improvement in operating results 41.8 3.4 1.2 0.3 292 Millions of NIS Millions of NIS Millions of NIS Millions of NIS in Millions of NIS accounting revenues Adjusted EBITDA loss for the period the sec
Slide 6: Credit portfolio development
Credit portfolio development (In Millions of NIS) Credit granting in Israel- approximately 55% growth in the Israeli credit-granting segment compared to the last year Completion of the European portfolio sale and return to growth 660 664 618 604 85 80 587 570 562 69 46 35 28 547 551 76 81 1 95 105 1
Slide 7: Quarterly revenue development
Quarterly revenue development (In Millions of NIS) Continued growth in interest income from credit provision activities in Israel Transition to positive Adjusted EBITDA 21.4 21.6 21.6 22.0 20.9 19.3 18.8 19.3 22.0 21.6 18.9 19.1 18.9 18.2 18.3 17.7 2.0 3.2 2.5 1.0 1.1 0.4 Q1.24 Q2.24 Q3.24 Q4.24 Q1.
Slide 8: Gross Profit
Gross Profit Continued improvement and growth in the net margin of Israeli operations Gross Profit (in NIS thousands) 28,075 30% 21,622 9% 19,844 2023 2024 2025 Gross Profit – Gross accounting income from continuing operations, net of credit costs and accounting credit losses, as of each of the 3 ye
Slide 9: Credit provision in Israel
Credit provision BNPL in Israel • Continued growth with increased credit lines 2024 2025 • Profitability improvement • Focused business expansion Gross income Gross income in 2025 17.7% 17.5% Interest expense Interest expense ratio 6.8% ratio 6.7% Actual credit Actual credit loss 2.3% loss 1.6% Net
Slide 10: Blender's Credit Platform
Blender’s Credit Platform Maintaining flexibility and risk diversification in a changing market blender Pay Bank credit lines blender Car Verity Credit Credit Platform Funding Solutions Institutional blender Rating2.0 Sources investors Loan P2P investors blender Mortgage Solutions 10
Slide 11: Technological Leadership in Fast and Accurate Credit Underwriting
Technological Leadership in Fast and Accurate Credit Underwriting Secured Integral Architecture A robust Salesforce based system, significant process efficiency, driven by data-based decisions and APIs Fraud Prevention Rating2.0 A multi-dimensional model for credit risk assessment and fraud preventi
Slide 12: blenderPay in collaboration with Bank Hapoalim
blenderPay in collaboration with Israel's leading BNPL (buy now, pay later) solution for large purchases Wide distribution in Israel across more As of March 2023, JV- 80% owned Technology TAM of NIS 30 blenderPay by Blender, 20% enabling large ticket billion annually than 2,000 points of activities
Slide 13: Distributing technological innovations
Distributing technological innovations Establishing an Israeli "Tech Credit Selling technology solutions to Bureau" to sell credit management global companies in the finance and systems to financial entities. retail sectors Distribution agreement with the banking division of Amdocs and Sapiens Custo
Slide 14: Development of operating segments
Development of operating segments Revenue growth and transition to a consolidated operating profit in the second half of 2025 Financial Data (In thousands of NIS) Credit Provision in Israel Credit Intermediation Other Total Consolidated H2.2025 H2.2024 H2.2025 H2.2024 H2.2025 H2.2024 H2.2025 H2.2024
Slide 15: Thank You
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